Five Things To Know About H-1B Visa Workers' Worries
1. Media reports suggest that the US is mulling new rules to prevent the extension of H-1 B visas for three years after their first term of similar term comes to an end, PTI reported on Wednesday.
2. The worries were partly tamed by the Nasscom that said the tightening of rules will be prejudicial to the interests of America as well since its economy is short of IT talent and the move will hamper the IT sector of America. "Given that there is a real problem of shortage of skilled professionals in the US, any disruptive move will be detrimental for both India and the US," Nasscom president R Chandrashekhar was quoted by PTI as saying on Wednesday.
3. The move is part of the Donald Trump's policy of 'Buy American, Hire American'. The US President has been speaking against the influx of immigrants who come via H-1B visas because the visa entrants reportedly deprive some of the locals of jobs.
4. Besides the impending rule change, there is a US Bill "Protect and Grow American Jobs" that proposes new restrictions to prevent the misuse of H-1B visas. As per the upcoming legislation, the visa dependent companies will have to raise the minimum salary for H-1B visa holders from $60,000 to $90,000.
5. The legislation also places the onus on clients who will have to certify that the visa holder is not displacing an existing employee for a tenure of five to six years. This bill has already been cleared by the House Judiciary Committee and is now headed for the US Senate.