Trump signs decree on visa fee of $100,000: how it will change the labor market for IT specialists.

According to inkorr.com: US President Donald Trump has signed a new decree that introduces a visa fee of $100,000 for H-1B work visas. This has raised concerns among American companies that need foreign specialists, while simultaneously opening up new opportunities for Canada, which aims to increase productivity and accelerate economic development. This was reported by the Ukrainian publication 'Glavcom' based on information from Bloomberg.

Prospects for IT specialists in Canada

The introduction of the new fee in the US may shift the flow of qualified professionals, such as engineers, programmers, and scientists, towards Canada. The CEO of the startup incubator Y Combinator, Garry Tan, noted that this decision is a 'massive gift for every foreign tech center.' He emphasized that Canadian cities like Vancouver and Toronto could thrive, unlike their American counterparts.

Canada has repeatedly faced 'brain drain' when its best talent moved to the US in search of higher salaries. According to the think tank The Dais, the average salary in the tech sector in the US is 46% higher than in Canada. However, experts claim that the new visa fee could change this situation, as hiring foreigners will become financially impractical for small and medium-sized companies in the US.

Canada is ready to welcome new tech specialists

Global companies like Amazon and Microsoft, which already have offices in Toronto and Vancouver, could increase the number of jobs in these cities to avoid visa fees.

Prime Minister Mark Carney stated that Canadian universities are among the best in the world in artificial intelligence and quantum computing. Now the country will be able to 'retain' more graduates. However, Canada faces challenges, including addressing infrastructure and housing issues, to ensure that the arrival of new specialists does not worsen living conditions for local residents.

The decree by US President Donald Trump to introduce a visa fee of $100,000 for H-1B work visas opens up new opportunities for Canada. The country could welcome talented specialists who previously chose to migrate to the United States. This decision could foster the development of the tech sector in the country and support economic growth, but it also presents challenges related to the need for improved infrastructure and housing for new residents.