Goldman Sachs has issued guidance to its employees holding H-1B visas, advising them to consult with immigration law firm Fragomen in light of potential regulatory changes. The move comes after President Trump announced a proposal that could impose an annual fee of $100,000 for each H-1B visa holder, a development that has raised alarm across corporate America and among skilled foreign workers.

Corporate Response to Visa Fee Proposal

The announcement of a possible six-figure yearly fee for H-1B visas has prompted swift reactions from leading companies that rely heavily on international talent. Goldman Sachs is not alone in addressing the issue; other major firms such as JPMorgan, Amazon, Google, and Microsoft have also taken steps to advise their employees on how best to navigate the uncertain landscape.

Guidance from Goldman Sachs

In its communication, Goldman Sachs directed its H-1B workforce to seek legal advice from Fragomen, a law firm specializing in immigration matters. By doing so, the company aims to ensure that its employees are fully informed about potential risks and options available should the proposed regulations move forward. This proactive approach underscores the importance of legal preparedness in times of policy uncertainty.

Impact on H-1B and H-4 Visa Holders

The implications extend beyond just those on H-1B visas. Many companies are also urging employees holding dependent H-4 visas—often spouses of H-1B workers—to return to the United States promptly. The concern is that sudden policy shifts could complicate re-entry or create additional financial burdens for families already navigating complex immigration processes.

Broader Concerns for U.S. Companies

The proposed fee structure has raised questions about how businesses will manage costs if such measures are enacted. Technology firms and financial institutions have long relied on skilled professionals from abroad to fill critical roles in engineering, finance, and research. A dramatic increase in visa-related expenses could alter hiring strategies and potentially impact competitiveness in global markets.

The Role of Immigration Law Firms

Law firms like Fragomen play a crucial role during periods of regulatory change by providing clarity and strategic advice to both employers and employees. For multinational corporations with thousands of foreign workers, having access to specialized legal counsel ensures compliance while reducing uncertainty for staff who may be directly affected by evolving policies.

The guidance issued by Goldman Sachs highlights the growing unease within corporate circles regarding potential changes to U.S. immigration rules. As discussions continue around visa costs and regulations, companies are preparing their workforce for possible disruptions while emphasizing the importance of staying informed through professional legal support. For many organizations, safeguarding talent remains central to maintaining innovation and operational stability in an increasingly competitive environment.