United States President Donald Trump has signed a proclamation requiring a $100,000 application fee for companies seeking to sponsor workers H-1B visas .

Trump signed the proclamation during an event in the Oval Office, while also introducing a separate “gold card” visa for individuals to pay $1 million to expedite their immigration.

Administration officials said the change to the H1-B programme would assure that companies would only sponsor workers with the most rarified skill sets.

“We need great workers, and this pretty much ensures that’s what’s gonna happen,” he said.

However, such a prohibitive fee will likely vastly transform the H-1B system, which was created in 1990 in an effort to boost industries with high-skilled, hard-to-fill jobs, particularly in science, technology, en

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