Hi there, it's Shelly. Most of the headlines around President Trump’s suspension of immigrant visas last month centered on H-1Bs. The classification, popular in Silicon Valley, is a key source of workers for America’s largest tech companies.
But there’s another category that Trump suspended at the same time: L visas, which are meant for executives and specialized employees at foreign companies. For example, a Volkswagen AG boss could visit the German automaker's Tennessee car plant, or a Sony Corp. exec could spend time with some of the Japanese tech company's 15,000 U.S. employees. And just like H-1Bs, the suspension of L-1 visas is likely to have an adverse impact on the tech industry.