H-1B visa changes concern Indians |
The US has already sharply hiked H-1B and L-1 visa costs in January 2016 — from $2,000, to $6,000 for H-1B and $4,500 for L-1 visas — for firms that employed 50 or more workers in US, with more than 50% of them employed on H-1B or L-1 visas. The bill says you can bring in foreign workers as long as you pay them well. So Indians who get a job in the US should get a decent package. The new measures, if passed, could force more people to try visas under other routes such as L1. The L1 visa is not subject to numerical or salary restrictions, but the bill proposes setting wage requirements for it too. The Indian IT industry believes the US does not have enough IT talent and needs to bring in workers from India on the work permit. Moreover, it`s not a one-way traffic. Indian IT companies also create jobs in US and contribute to the US economy. Indian IT contributes about 4 lakh direct and indirect jobs in the US, accounting for about $5 billion in yearly Indians with H-1B & L-1 visas contribute $1 billion annually to the US.
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