H-1B visa:As a step of reforming the H-1B visa program, US President Donald Trump on Friday signed an announcement, under which companies will be charged $ 100,000 annual fees on companies wishing to sponsor foreign employees through the H-1B visa system. The purpose of this change is to ensure that this program is criticized to allow companies to appoint foreign employees at low pay, better fulfill their original objective of attracting talented people for high-skilled jobs in areas such as technology, science, engineering and mathematics.
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Trump’s move is expected to adversely affect Indian professionals working in the US. White House Staff Secretary Wil Sharf said that H1B non-resident visa program is one of the most misused visa systems in the country’s current immigration system. He said that this allows those high skilled workers to enter the US who work in areas where American does not work.
The Trump administration said that a fee of $ 100,000 has been levied to ensure that the people being brought to the country are “really highly skilled” and do not replace American workers. The move aims to protect American workers and to ensure that the way is cleared for companies to appoint ‘really extraordinary people’ and bring them to America.
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Trump signed the manifesto at the Oval Office in the presence of Commerce Minister Howard Lutnik, saying, “We need workers, we need excellent workers and this will ensure that it should be so.” Lutynik said that under the employment -based green card program, he gets admission to 281,000 people per year, and they earn 66,000 US dollars per year, and they are more likely to be involved in government aid programs.
He said, “So we were recruiting the lower IV Quartile Class, below the average American. This was irrational, the only country in the world that was recruiting the lower fourth class. “Lutnik said,” We are going to stop doing so. We will take only extraordinary people at the top and not those who are trying to snatch jobs from Americans. They will start business and create jobs for Americans.
And under this program, more than US $ 100 billion will be raised for the US treasury. ”Trump said that the country will use this amount to cut taxes and repay the debt. “We think it will be very successful,” Trump said. Lutnik said that US $ 1,00,000 fee will be charged annually. The move will have a profound impact on the Indian employees whom the technology sector company and other companies appoint on H1B visas. These visas are valid for three years and can be renewed for the next three years.