Goldman Sachs tells employees on H-1B visas to exercise caution on international travel, memo says

NEW YORK, Sept 20 (Reuters) - Goldman Sachs GS.N told its employees on H-1B visas to exercise caution on international travel based on guidance from immigration services firm Fragomen, according to an internal memo seen by Reuters on Saturday.

The White House on Friday announced a $100,000 annual fee on H-1B worker visas, prompting some major U.S. tech firms to advise visa holders to either remain in the country or return quickly.

"We acknowledge that this is an uncertain time for our people on H-1B visas and your families," said the memo by Jacqueline Arthur, Goldman's global head of Human Capital Management.

The memo also said employees on H-1B visas should stay connected with their aligned Fragomen representative until there's more clarity.

Fragomen is a global immigration services firm, which many companies including banks use for global mobility of staff.