H-1B Fee Hike Drives Top Talent to Canada, Warns Nvidia CEO
The recent increase in H-1B visa fees is prompting many workers, including Canadians, to explore opportunities outside the U.S. Canada, with its world-class research institutions, similar time zones, proximity to the U.S., and high quality of life, is emerging as a natural destination for these professionals.
Nvidia CEO Jensen Huang has spoken out about the issue. He warns that the new $100,000 application fee could discourage international students from seeking opportunities in the U.S. Huang believes this high fee might drive more investment abroad and influence the movement of global talent. Despite supporting President Donald Trump's revamp of the H-1B visa program, Huang distinguishes between the U.S.'s strategic competition with China and policies targeting individuals.
Canadian Prime Minister Mark Carney is actively seeking to attract these highly skilled professionals. Huang's concerns echo those of U.S. company founders and entrepreneurs, though explicit statements from major tech companies like Amazon, Microsoft, Google, or Facebook are not readily available. The fee increase ordered by President Trump has caused widespread concern in the U.S. tech industry, affecting many companies employing H-1B visa holders.
The H-1B fee increase is reshaping global talent movement. While Nvidia's CEO cautions about potential brain drain, Canada welcomes the opportunity to attract top talent, viewing it as a crucial measure for the country's future prosperity.
