US Visa Fee Hike will affect Indian Companies

The US House of Representatives has passed a bill to steeply hike US visa fees for US-bound professionals by $2,000 per application for next five years. The bill will seriously affect Indian companies in US and would cost an extra$ 200 million a year.

The hike in fees will be applicable only to companies with more than 50 per cent foreign employees. The bill proposes a fee hike for highly skilled professionals from $320 to $2,320and for L visas given to multi-national transferees from $320 to $2,570. 

This will adversely affect Indian IT companies especially Infosys, Wipro, Tata Consultancy Services and Mahindra Satyam which have large number of employees in US to handle IT operations for American customers. But professionals on H-1B visas for IT giants such as Microsoft and Google will not be affected as per the clause that limits the fee hike to companies with more than 50 per cent foreign workers.

The fund raised by the law will be utilized for increasing the security of US-Mexican border. The $600 million package is allocated to prevent illegal immigration through the US’s porous border with Mexico. New Delhi raised its concern over the law as it will primarily impact Indian firms even though they account for fewer than 12 percent of the total visas issued. US lawmakers defended it saying that the law would hopefully create some vacancies for Americans in some higher skilled jobs to fill which foreign companies are using these visas.

The Emergency Border Security Supplemental Appropriations Act was passed yesterday by a voice vote in the House of Representatives.

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine
Buzz It

5 comments:

  • Do you mind if I quote a couple of your posts as long as I
    provide credit and sources back to your site?

    My website is in the exact same area of interest as yours and my users
    would really benefit from a lot of the information you provide here.
    Please let me know if this okay with you.

    Thank you!
    Also visit my weblog ... Discover More Here

  • What's up to all, the contents existing at this website are actually amazing for people experience, well, keep up the good work fellows.
    Also see my webpage > need a builder near orlando fl

  • Heya i am for the first time here. I came across this board and I to find It truly useful & it helped me out a lot.
    I hope to present one thing again and help others like you helped me.
    Check out my site : click through the next site

  • I'm really enjoying the theme/design of your website. Do you ever run into any browser compatibility problems? A few of my blog readers have complained about my site not operating correctly in Explorer but looks great in Opera. Do you have any tips to help fix this issue?
    Feel free to visit my web page ; gambling cruise

  • I have read so many posts on the topic of the blogger lovers except this post is really a good post,
    keep it up.

    Also visit my homepage; Resort Management Association

Post a Comment

Blog Views

free counters

Counter

Subscribers