Establishes a nonimmigrant pilot program known as the “red card status” for foreign nationals to engage in temporary employment in the U.S.
The program will not take effect until a physical border wall on the southern border is completed.
A dedicated website for job postings will be created for foreign nationals, featuring jobs that have been advertised to U.S. citizens for at least 60 days and offer competitive compensation.
Foreign nationals must apply for the program while in their country of nationality or last habitual residence and pass a comprehensive background check.
Employers must report employment status changes of foreign nationals to designated case officers.
The program has annual caps on the number of foreign nationals who can be granted status, starting with 50,000 in the first year and increasing to 125,000 in subsequent years.
The program will sunset five years after enactment, with a report on its efficacy required before termination.
Foreign nationals must report any loss of employment and find new work within 30 days or face removal from the U.S.
The Secretary of Homeland Security has the authority to deny status based on national security risks and to determine renewal of status.
Employers face penalties for violations related to job postings, compensation, and reporting requirements, with fines up to $50,000 per violation.
A 10% tax on remittances sent from the U.S. will be implemented, affecting all remittances, not just those from program participants.
Defines “foreign national” in accordance with existing immigration law.
