US Commerce Secretary Proposes Overhaul of H-1B Visa and Green Card Systems
Changes to Immigration Policies
On Tuesday, Howard Lutnick, the Secretary of Commerce for the United States, shared with a prominent news channel that the government is considering significant modifications to its immigration framework, particularly focusing on the H-1B visa program and green card issuance.
In his interview, Lutnick criticized the existing H-1B visa system, labeling it as 'terrible' and indicated his active role in the reform process.
The H-1B visa serves as a non-immigrant visa, enabling U.S. companies to temporarily hire foreign professionals in specialized fields.
In recent years, a substantial number of H-1B visa holders have been from India, with Indians accounting for approximately 72.3% of all H-1B visas granted in the fiscal year 2022-2023.
Lutnick also expressed concerns regarding the green card system, arguing that it favors less qualified candidates.
He pointed out, 'The average American earns $75,000 annually, while the typical green card recipient makes $66,000. This means we are selecting from the lower income bracket. Why is this the case?'
A green card, or Permanent Resident Card, permits individuals to live and work indefinitely in the U.S.
Additionally, Lutnick mentioned a proposed 'gold card' initiative by the Trump administration, which would offer permanent residency to individuals who invest $5 million in the U.S.
Earlier in February, Trump had announced plans to replace the current visa for foreign investors with the gold card, which would also facilitate a pathway to citizenship.
On Tuesday, Lutnick revealed that approximately 250,000 individuals are currently in line to apply for the gold card, predicting that this program could generate $1.2 trillion in revenue for the U.S.
Earlier this month, the White House's Office of Information and Regulatory Affairs approved a new proposal that would prioritize H-1B applicants based on their salaries, moving away from the existing lottery system.
Trump emphasized the necessity for the U.S. to attract skilled labor, describing the H-1B program as crucial for bolstering American industries.
During his previous term, Trump had tightened regulations surrounding H-1B visas, citing issues of 'abuse' and 'economic pressure'.
In 2016, he criticized the program, claiming it allowed companies to replace American workers with lower-paid foreign labor.