New H-1B visa harmful Indian companies and Indians

SumitCreator

What is H-1B Visa?

The H-1B visa may be a non-migrant visa. American companies employ technical experts from other countries under this. After the appointment, H-1B visas are sought from the govt for these people. Most US IT companies recruit countless employees per annum from countries like India and China through this visa. As per the rule, if the corporate of an H-1B visa holder has terminated the contract with it, then they need to seek out employment within the new company within 60 days to keep up the visa status. in step with USCIS, the most important beneficiaries of H-1B visas are Indians.

L1 visa was issued to 18,354 Indians last year

Talking about L1 visa, it's issued for prime level and specialized company employees. It lasts for seven years. In 2019, 76,988 visas were issued. Of this, 18,354 visas were issued to Indians. 5,902 visas were issued for Britain. 5,295 visas were issued for Ireland.

The decision will have a greater impact on Indians, as Indians get 70% H-1B visas

Just before the presidential election within the US, the Trump administration has taken strict measures regarding H-1B visas. The Trump administration has cut H-1B visas and tightened pay-based entry rules. the choice will have the largest impact on that professionals in India, as up to 70% of H-1B visas are held by Indians in recent years.

Executive Deputy Secretary of the Department of independent agency (DHS) Ken Cuccinelli said - 'Of those that have applied for H-1B visas, a 3rd won't be able to get a visa under the new rules.' executive department amendments are expected to require effect from Thursday. The H-1B amendment of DHS also will acquire force in 60 days.

If you miss employment, you have got to seek out a replacement one in 60 days

If the corporate of an H-1B visa holder has ended its contract, per the new rules, it'll should find a brand new job within 60 days to keep up the visa status. Otherwise he will need to return to his country.

Meaning of decision
Opportunities will decrease for Indian professionals
Last year 2.5 lakh applications were received for H1-B visas, of which 1.84 lakh were from India. This number is 25% not up to in 2016. Now if this number decreases to 1 third, then Indians also will suffer more loss. Since Trump became president in 2016, visa regulations are steadily increasing since then.

Getting citizenship are going to be harder.
America currently issues 85 thousand H1-B visas once a year. Most of those manage to realize US citizenship after 5 years. Now if the visas are less, then the amount of citizenship also will be reduced. Currently, 3.5 lakh Indians have pending applications for citizenship.

Indian IT companies are going to be affected.👇🏾

Only 15% of the full H-1B visa holders within the US get jobs in TCS, Infosys and Wipro. it's also proposed to extend salary thanks to changes parturient rules. Therefore, it might be expensive for these companies to control on the customer's site through H1-B visa. quite 50 Indian companies operating within the US employ employees under H-1B visas.

How are going to be harm for IT companies ?👇🏾

Companies having foreign invocation supported H1B visas will face many difficulties. they need to persuade immigration agencies that the workers they have don't seem to be within the US. Now Indian IT companies working within the US will need to pay extra money to rent local people. If you get a visa issued for Indian employees, then extra money will must be procured it.

The USIA has stated several times that a lot of American and Indian IT companies issue H-1B visas to foreign employees. This helps them save tax. Now they'll not do that.

But Trump could be  benefit.🙋

The decision is a component of Trump's electoral strategy. His party has been saying that thanks to H-1B visas, the roles of 5 lakh Americans got outsiders. Surveys show that Trump is losing grip on his core voters, so he's constantly saying to place the interests of american citizens first. they need polarization of Native American voters.

Donald Trump has been strict about H-1B visas since the start. He banned the H-1B visa program until December 2020. But the court overturned the government's order, after which it had been believed that Trump could take some major and drastic steps.