To include the collapse of the latest attack against Donald Trump’s immigrants with the US tech industry, Europe felt blood in water. Trump blind American businesses with a new $ 100,000-a-year fee on all H-1B visas later last week, which are used to bring Tens of thousands of skilled workers For the technical sector of the country. Veterans like Amazon, Google, and Microsoft in the weekends raised the existing H-1B visa holders back from abroad and urged them to cancel the future travel plans. The rivals of the pond spent it by increasing an attraction, making it disillusioned with foreign workers.
“The new $ 100K H-1B duty has left incredible talent in Limbo,” wrote Burney Hussey-Yo, founder of British Fintech Unicorn Cleo on LinkedIn. “If that is you, we want to help.”
“We know that uprooting your life was not part of your plan. But sometimes the best opportunities come from unexpected changes,” Hussey-Yo said, avoiding more than 100 open roles in the company’s London office.
Victor Ripperbelli, Kofounder and CEO of London -based CEO, an AI video startup and another unicorn, Published a similar post On stage. “H-1Bs are now causing great uncertainty,” he wrote. “Fortunately you don’t need a one to get a Silicon Valley -like job.”
This is not just unicorn that are trying to remove dissatisfied talent in Britain. “If your H-1B looks a little rocky, we sponsor visas for engineers wishing to try a stent in the UK!” Said Ross Macnerene, CEO of Scottish Legal AI Company Wordsmith. LinkedIn and X are filled with posts of founders and leaders in small tech firms Definitely, Exo labsAnd VidoAll enrolled H -1B visas in their overtreters for talent. Many competitive wages, visas and rehabilitation costs, and, most importantly, are facing less uncertainty than workers in the US.
Even the British government smells an opportunity, H -1B visa with chaos Allegedly Embrace an existing campaign for AX visa fee for top global talent.
US government officials have tried to overcome some apprehensions about the new fee. He has assured employers that a fee of $ 100,000 will not be applied to renewal or existing visa holders and says that workers who are already part of the program can normally travel without worrying about slapping with entry fee again.
The administration has also started promising exemption for some industries. The H -1B visa is not only important for the technical world, but also one of the first groups suggested by the research universities and the medical field.
For some reason, companies hesitate to take this administration on their words – they scrambled to bring back the workers back to the US by the September 21 time limit of the administration and are still asking employees to cancel and live their travel plans. The administration has already spent months to separate foreign workers and make the US a less attractive destination – thousands of students arrested hundreds of South Koreans at an LG battery plant, canceling the visa, and issued a blanket ban on citizens of all the countries.
American companies are fully aware of how harmful Trump’s policy will be. Big tech is quite big for the storm season, but startups are going to be difficult, Said President of Gary Tan, CEO and Tech Incubator Y Combinator. “Early teams cannot swallow that tax,” he said, “to make the builders somewhere else … in the middle of the AI Arms Race” slammed the decision to tell the builders. “Visa change” is a huge gift for every foreign tech hub, “Tan said.
But Trump and Tech Industry have rarely seen the eye. It is unlikely that the complaints of the sector will worry very much, especially when overhaul provides him a useful stick – or carrot, it depends on how you see it – to keep it in line to get up against the Big Tech. Perhaps the authorities will argue themselves more to stay in their philanthropic grace.
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