JPMorgan to engage with stakeholders on H-1B visa fee, Indian media say

23/9/2025 14:07

JPMorgan will engage with stakeholders and policymakers after U.S. President Donald Trump unveiled a one-time fee of $100,000 for H-1B visas, the Times of India newspaper said on Tuesday, citing an interview with CEO Jamie Dimon.



Some big tech companies warned visa holders to stay in the United States or return quickly after the Trump administration said last week it would ask companies to pay the fee for such visas.



Since taking office in January, Trump has kicked off a wide-ranging immigration crackdown. The H1-B restrictions are his administration's most visible effort yet to rework temporary employment visas and underscores what critics have said is a protectionist agenda.



JPMorgan was among the top 10 companies to sponsor the H-1B visa during fiscal year 2024, approving visas for about 2,440 beneficiaries, according to U.S data.



In a subsequent clarification, the White House said the fee would apply to each visa request and not to existing visa holders re-entering the United States.