Just a few days after the Trump administration announced a new $100,000 fee to recruit computer specialists, engineers, and tech experts, China announced a major expansion of visas for this highly-talented group of brainiacs.
The new “K Visa” is modeled after our H-1B program. It is aimed at “attracting young and talented professionals, particularly in the fields of Science, Technology, Engineering and Mathematics (STEM) from all over the world,” according to an official statement out of Beijing.
The good news is that almost all the highly-sought after immigrants want to come to the U.S., not China. But if the H-1B visas aren’t greatly expanded, China is ready to swarm in and make its tech companies the new home to the next generation of scientists.
Drop the punitive $100k fee for the visas and continue our commanding heights in importing human talent.