H-1B Visa: How will it impact the employment for Indians?
What is H-B1 visa?
The H-1B visa is a popular route into employment in the US for international business school students which helps them secure employment for 3 years after completing their degree.
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Who uses H-B1 visas?
Tech companies commonly use these visas to bring in skilled workers from other countries.
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How does H-B1 work?
As of now, the 9/11 Response and Biometric Entry-Exit Fee only applies to initial H-1B and L-1 visa petitions, not extensions.
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How much does it cost for a H-B1 Extension?
A company with more than 50 employees and more than half of those employees are on H-1B has to pay $4,000 for extending an H-1B visa.
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What changed?
Under the new rule of US Citizenship and Immigration Services (USCIS), All companies applying for H-1B or L-1 visa extensions must pay the fee.
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What is causing these changes?
Department of Homeland Security (DHS) claims that this will strengthen the entry-exit system which will help in ensuring the movement of foreign nationals for employment.
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Impacts
Companies will now prioritize hiring American workers or workers already on visas that do not require extension fees, which will lead in a reduction in employment opportunities for Indians.
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