$100K H-1B Fee: A Catalyst for Offshoring?

The US is implementing 'Project Firewall,' imposing a $100,000 fee per new foreign tech worker, primarily affecting H-1B visas, 70% of which are held by Indians. This forces Indian IT firms to accelerate offshoring to India, Canada, and Latin America to offset the cost. While causing short-term profit impacts, it may optimize global talent distribution and unexpectedly boost India's IT services exports. However, US-based IT companies face talent shortages and rising costs.