Dear Clients and Friends,
You may have seen headlines this week about a proposed $103,265 fee for certain H-1B petitions.
Understandably, employers are asking: Does this affect us and how?
For most employers, the immediate answer is no.
The Department of Homeland Security released the proposal on August 24, and it was formally published on August 25. It is a proposed rule, not a final rule, and the new fee is not currently in effect.
If finalized, however, it could dramatically change the cost of sponsoring employees through the annual H-1B cap process.
What Does This Mean?
1. Nothing changes today.
Employers do not need to pay the proposed $103,265 fee now, and the proposal does not change the status or work authorization of current H-1B employees.