Briefing
Understanding the Potential Impact of H-1B Visa Program Changes
Abstract: A new policy proposal would require firms to pay a one-time fee of $100,000 to hire an immigrant college graduate under the H-1B visa program. The policy would likely reduce the total number of college-educated immigrants in the U.S., with universities as well as companies in the IT sector among organizations most likely affected. Research shows that firms expand when they hire H-1B workers without significantly displacing Americans. Firms might respond to this policy change by offshoring their operations to countries such as Canada or India.
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https://www.richmondfed.org/publications/research/economic_brief/2025/eb_25-39
Description: Briefing
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2025-10-15
Volume: 25
Issue: 39