US Edition‘H-1B System Is Terrible… Green Cards to Change,’ Lutnick Says US Plans Major Immigration Shift
The proposed Gold Card program aims to attract wealthy investors with $5 million minimum investment, potentially generating $1.25 trillion, while the H-1B visa shifts to a wage-based selection system.
- U.S. Commerce Secretary Howard Lutnick described the current H-1B visa system as a ʺscamʺ that displaces American workers, indicating major reforms affecting Indian professionals, who are the majority of H-1B holders.
- Lutnick confirmed he is involved in changing the H-1B program to replace the current lottery system with a wage-based model.
- Lutnick proposed a ʹGold Cardʹ program that would grant U.S. residency to wealthy foreigners investing at least $5 million, with significant demand already observed.
- Despite proposed reforms, President Trump has defended the H-1B visa program as essential for attracting ʺcompetentʺ individuals to the U.S. labor market.
13 Articles
13 Articles
'H-1B visa system is scam': Trump's commerce secretary says US planning to change Green Card, H1-B visa system
US Commerce Secretary Howard Lutnick has called the existing H-1B visa programme a "scam," arguing that it takes away jobs from American workers. His remarks signal the possibility of major reforms, which could have significant consequences for Indian professionals, who account for the majority of H-1B holders. The Commerce Secretary criticised the current H-1B visa system, stating that American businesses should prioritise hiring local workers …
‘H-1B system is terrible… Green Cards to change,’ Lutnick says US plans major immigration shift
United States Secretary of Commerce Howard Lutnick said that Washington, DC, intends to alter the current immigration system, specifically the H1-B visa programme and green cards.
‘A scam’: US commerce secretary says Trump admin to change H-1B visa, green card system
US Commerce Secretary Howard Lutnick has slammed the H-1B visa program as a “scam” that takes away American jobs, saying the Trump administration will overhaul the system along with green card rules. The changes, he warned, could have a big impact on Indian professionals, who form the majority of H-1B holders.
We will change H-1B visas, Green Card system: Commerce Secretary Lutnick
The US Commerce Secretary said the current green card system is flawed, citing recipient income levels as evidence of misplaced priorities. He added that Trump's immigration policy will shift toward attracting wealth and skill.
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