Biggest news for Indians working in the US with H-1B visa
Today, when I was watching some reels on Instagram, I came across the latest announcement on the new fees on the US H-1B Visa. A new fee of $100000 is going to be imposed on people who are working in the US through some companies. The motive here is to promote more recruitment in the US than to pick resources from other countries. The news is becoming very hot right now, and many people have already started panicking, thinking about what will happen to their visas next year. For some companies, this may not be a big deal because they wouldn't mind paying 100k $ if the resource is valuable. Some companies will now start being careful about this.
I found this video that has the exact conversation when the papers were signed by Donald Trump. Even though it looks like a bad thing for the US or for India, there are both advantages and disadvantages in this move. Many news channels have started talking about this, and in the coming weeks, more people will start talking about this. I don't know much about how US politics works, but they say this bill has to be approved to become a reality. So we have to wait and watch what happens.
When tax was imposed on export and import from India, that was already a big thing and the social media already started gossiping about that. Now this rule is again a bit harsh on the Indians, they say. But Donald Trump keeps saying that their relationship with India is still very good. But from the looks of it, a cold war is happening between the two nations. I personally see this positively for both countries. For the US government it is a win-win because more people in the US will now get jobs and there will be more demand for skills in the US.
Many big brains from India are now in the US, and if they end up coming back to India for this reason, I think India will start growing more because they will have to anyway find some good spot anyway. More innovations can be expected in India in the coming years. People who are really in trouble might come back to India, but there would be some people who would anyway want to come back to India, and this news can accelerate the process.
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Yes , I really feel bad for US decisions not being good for other American countries. I am also planning to post the same conent
This news is big and after some time we can how it's going to impact the IT companies in US
I have a feeling that most companies have the funds to cover the $100,000 fee. I don't think there's that many skilled people in the USA these days lol
That's crazy to have $100k visa fee. This will translate in US being less attractive for anyone seeking a job, even for high education professionals. Whomever understand this and captures the smart brains, wins the game in the end. ;)
The sorting out process of who'll stay and who will leave probably has long term benefits after the short term pain. Also, talent doesn't need to be concentrated in one geographical location to be effective. People will find a way to adjust with modern tools.