IT Firms Howling As Visa Fees Leap
New U.S. legislation that sharply boosts visa fees to pay for tighter border security may play well in some parts of the country, but the applause is faint in Silicon Valley.
The measure, signed into law by President Barack Obama on Friday, is expected to raise operating costs for outsourcing firms that use large numbers of foreign-born employees to serve their U.S. customers. But the biggest impact, critics say, is to increase the perception that America is becoming more protectionist and hostile toward foreigners.
“It’s adding to the negativity about America,” said Vivek Wadhwa, a visiting scholar at the University of California and research associate at Duke University who studies immigration issues. “The money raised is insignificant and the damage is huge.”