A very big and shocking news is coming for Indian professionals dreaming of going to America. US President Donald Trump has created an earthquake in the H1B visa regulations that have created a stir between the entire tech industry and professionals from all over the world. Actually, now for H1B visas, companies will have to pay a huge fee of one lakh dollars or about 88 lakh rupees. America has been known to pull talent from all over the world. But now the path of American Dream will not be easy as before.
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H-1 b Now dead
Under the new rule, now companies that sponsor H1B visa will now have to pay a fee of one lakh dollars with every application. This one decision has put a question mark on the expectations of millions of professionals, especially Indians who want to work in America. President Donald Trump signed this order at the White House on Saturday. Till now the application fee of H-1B visa was from 1 to 6 lakh rupees. Trump spoke to reporters at the White House said that H-1 B has no fee of $ 1,00,000. It is $ 1,00,000 every year. H-1 B is now over. It would be better to formally eliminate it.
What is H1B visa
The H-1B non-immigrant visa program allows American employers to temporarily appoint foreign workers in special businesses. The law to such businesses defines such as a graduate (bachelor) or high degree or its equivalent qualification in highly specific knowledge and distinctive feature. This visa is released for three years, which can be extended to 6 years. Every year the US government issues 65000 H1B visas. While 20 thousand additional visas are issued for master or PhD from American universities.
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How much will Indians suffer due to its shutdown
India has been a country to take advantage of H1B visa for a long time, especially for IT and technology professionals. Every year thousands of Indian engineers, doctors and researchers go to America by H1B visa. If the rules are strict or banned, it will directly affect India’s IT sector or Indian talent.
Indians have 70% stake every year since 2015
Significantly, India-born people are the biggest beneficiaries of the H-1B program. The US government data shows that out of all H-1B applications to be approved every year since 2015, 70 percent are Indians. China-born people are in second place, who are harassing around 12-13 percent from 2018. According to The Indian Express, between October 2022 and September 2023, 72 percent of the about 4 lakh visa issued under the H-1B program were received by Indian citizens. During the same period, the top four Indian IT companies in the US – Infosys, TCS, HCL and Wipro – were approached to around 20,000 employees to work on H -1B visa, as showing data from US citizenship and immigration service (USCIS).