A hike in the US visa fee has been a cause of concern in India as it has largely impacted the IT workforce, and the various IT companies. The H-1B, L1 visa fees have been hiked. Both the visa programs are popular among the Indian IT professionals, for more information check with the visa consultants in Hyderabad.
An exceptional fee was imposed last year, which amounted to about USD 4,500 on H-1B and L-1 visas. The fee was charged to fund the 9/11 health care Act as well as the biometric tracking system. This decision was made after the bill was agreed upon for spending USD 1.1 trillion by the Congress leaders. They agreed to impose an extraordinary fee of USD 4,000 on specific types of H-1B visas. A fee of USD 4,500 was imposed on the L-1 visas, contact your visa consultants in Hyderabad for more information.
H-1B and L-1 visas are US permits for skilled workers
H-1B and L-1 visas are temporary foreign worker programs just like the other visa programs – OPT, O-1, and TN. The holder of the H-1B visa can stay for the maximum duration of ten years with an exception of Defense project. The L-1 visa is valid for a shorter duration with a five year validity period for India, Germany, Japan while three months for Iran nationals. More details can be provided by your visa consultants in Hyderabad.
Indian IT Industry has welcomed India’s move to file a complaint against the US over visa fees hike and limitation on migrants. Indian professionals generate more than USD 25 billion towards the US Social Security for the duration of ten years, without ever reclaiming their contribution.
The visa fee hike costs Indian IT industry
The US has increased fees for some of the other work visa categories, and India finally filed a complaint when the H-1B and L- visas were doubled. This hike in the US visa programs to fund unrelated US government programs may annually cost the IT industry in India $400 million.
The US visa fee hike is likely to put an ‘uncalled for’ burden on the IT companies, your visa consultants in Hyderabad can be contacted for details regarding the visa and the formalities.
The H-1B visa program allows U.S. companies to employ extremely skilled foreign employees in case they are incapable of finding the required talent locally, for intra-company transfers the L-1 visa program is made use of.