ilmscore | The End of Legal Immigration?

The End of Legal Immigration?

Predictions from this Video

Total: 18
Correct: 0
Incorrect: 0
Pending: 18
Prediction
Topic
Status
The new H-1B visa fee will effectively end the H-1B visa category by making it prohibitively expensive for most businesses.
"Now, he’s proposing a fee which would effectively end the H 1B visa category by making it prohibitive for most businesses to hire foreign workers in the United States."
H-1B Visa Program
Pending
The new H-1B visa fee will generate significantly less revenue than estimated, as the rule incentivizes companies to hire highly skilled workers in foreign-based offices.
"The actual revenue is likely to be significantly lower as the new rule incentivizes companies to hire highly skilled workers at foreign based offices instead of bringing them into the United States."
US H-1B Visa Revenue
Pending
As the US focuses more on businesses like stablecoins and cryptocurrencies, attracting highly educated scientists and engineers will become less important.
"attracting scientists and engineers may be less important as the focus on this type of business grows."
US Technology Focus
Pending
The high H-1B fee will lead employers to stop hiring foreign graduates, resulting in fewer job offers for international students and a drop in applications to American universities, especially in STEM.
"many employers will simply stop doing it. That means fewer job offers for international students, and less incentive to study in the U.S. in the first place. American Universities could see a drop in applications, especially in STEM fields where foreign students make up a large share of the graduate population."
US Higher Education
Pending
If the US makes it harder for international students to stay after graduation, those students will seek opportunities in other countries.
"If the U.S. makes it harder to stay, students will go elsewhere."
International Student Migration
Pending
The new H-1B visa fee could accelerate the trend of US firms moving jobs offshore.
"This new fee could accelerate that shift [of firms moving jobs offshore]."
Offshore Job Shift
Pending
If skilled talent leaves the US for countries with more welcoming immigration policies, innovation will follow them to those countries.
"if the talent goes elsewhere — to countries with more welcoming immigration policies — the innovation goes with it."
Global Innovation
Pending
The Cato Institute predicts that courts could uphold the H-1B visa fee despite its potential lack of clear statutory basis.
"The Cato Institute has warned that while the fee may lack a clear statutory basis, courts could still uphold it."
H-1B Visa Fee Legality
Pending
The H-1B visa fee could financially exclude highly qualified applicants from middle-income countries.
"The proposed fee introduces a financial barrier that could exclude some of the best applicants from middle-income countries where the fee exceeds annual salaries."
H-1B Visa Applicant Demographics
Pending
Skilled talent that previously left countries like China and India for the US may now remain in their home countries.
"Talent that once left those countries - now might remain."
Brain Drain Reversal (China/India)
Pending
Amitabh Kant predicts the H-1B rule will stifle US innovation while significantly boosting India's innovation.
"this rule would “choke US innovation and turbocharge India’s” [according to Amitabh Kant]."
US/India Innovation
Pending
The flow of remittances from foreign workers to their home countries will decrease if skilled talent remains in their home countries.
"this flow will disappear – or at least reduce - if people stay at home."
Remittances
Pending
The H-1B visa fee may accelerate the global trend of countries that previously exported talent now investing in talent retention.
"The new visa fee may accelerate a shift that is already in motion - where countries that once exported talent as an economic strategy are now investing in retention."
Global Talent Retention Strategy
Pending
Garry Tan predicts the H-1B fee will greatly benefit overseas tech hubs and severely harm US startups.
"Garry Tan, the CEO of Y Combinator, called the fee “a massive gift to every overseas tech hub” and warned that it would “kneecap startups.”"
Overseas Tech Hubs / US Startups
Pending
Companies may adopt a wait-and-see approach, delaying hiring, investment, and expansion due to the unpredictable US business environment.
"companies may adopt a wait-and-see approach to business planning— delaying hiring, investment, and expansion until the rules stabilize."
US Business Investment
Pending
Corporate hesitation caused by policy uncertainty will slow US economic growth, hinder innovation, and damage America's business reputation.
"It slows growth, innovation and undermines America’s reputation as a reliable place to do business."
US Economic Growth / Reputation
Pending
The H-1B visa fee policy might not withstand a court challenge and is unlikely to generate the expected revenue.
"The policy might not survive a court challenge. It is unlikely to raise the revenue its supporters expect."
H-1B Visa Policy Outlook
Pending
The negative message sent by the H-1B visa fee regarding US competitiveness for global talent will ultimately be more costly than the fee itself.
"That message may prove more expensive than the fee itself."
US Global Talent Competitiveness
Pending