What is H-1B visa for which now Indians have to pay Rs 8800000? Sectors like tech, healthcare, and finance to face…
US H-1B Visa Fees: Finding a job in the United States is about to become more difficult for Indian workers. New fees have been imposed on H-1B visas, making it more expensive for companies to hire foreign workers.
Bad news for India(BHARAT)ns dreaming of a job in the US. President Doland Trump signed a proclamation on Friday. Under this, companies will now have to pay an annual visa fee of $100,000 (approximately Rs 88 lakh) to hire foreign high-skilled workers. This fee applies to categories like the H-1B visa , which largely attract India(BHARAT)ns to the US to work in sectors like tech, healthcare, and finance. This will make hiring foreign workers more expensive.
What is H-1B visa?
H-1B status is available to a person who has been offered a temporary professional position by a U.S. employer. A bachelor’s degree or higher in a related area is the minimum educational level required for a position to qualify for H-1B status, and the H-1B employee must have this degree (or higher).
The H-1B is a classification of non-immigrant visa in the United States that allows US employers to hire foreign workers in specialty occupations, as well as fashion models and employees engaged in Department of Defense projects who meet certain conditions. The regulation and implementation of visa programs are carried out by the United States Citizenship and Immigration Services (USCIS), an agency within the United States Department of Homeland Security (DHS). Foreign nationals may have H-1B status while present in the United States, and may or may not have a physical H-1B visa stamp.
H-1B status is available to a person who has been offered a temporary professional position by a U.S. employer. A bachelor’s degree or higher in a related area is the minimum educational level required for a position to qualify for H-1B status, and the H-1B employee must have this degree (or higher).
How long can H-1B holders stay in US?
H-1B visa status holders typically have an initial three-year stay in the U.S. They are entitled to a maximum of six years of physical presence in H-1B status. The number of initial H-1B visas issued each fiscal year is capped at 65,000, with an additional 20,000 visas available for individuals who have earned a master’s degree or higher from a U.S. institution, for a total of 85,000.
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