Patrick Boyle On Finance The End of Legal Immigration?
Sep 27, 2025
The new $100,000 fee on H-1B visas is causing chaos in the tech industry and universities. It could reshape hiring practices and affect global talent flows. Patrick discusses the implications for skilled immigration and the potential legal challenges ahead. Silence from tech CEOs raises questions about their motivations. Additionally, concerns over wage suppression and impacts on international student enrollment are explored. The fallout from the Hyundai raid illustrates the clash between immigration enforcement and industrial goals.
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H-1B Creates Jobs But Wage Effects Vary
- The program can boost job creation but also suppress wages depending on use and enforcement.
- Boyle notes the popular 'five additional jobs' claim rests on a single contested study.
Universities' Recruitment And Revenue At Risk
- Boyle warns the fee will reduce international student job offers and thus US university attractiveness.
- He highlights the financial and research losses US universities face if foreign STEM students decline.
Offshoring And Remote Work Are The Easier Route
- Companies can respond by hiring abroad or expanding foreign offices instead of bringing workers to the US.
- Remote work and distributed teams make offshoring easier and more attractive.