1 week ago

Nasscom Warns Proposed H-1B Fee Could Limit Skilled Talent

Nasscom Warns Proposed H-1B Fee Could Limit Skilled Talent
$103,265 H-1B levy may push Indian IT firms towards local hiring: Nasscom · thehansindia.com

The United States has proposed a very large extra fee for some H-1B work visa applications.

The fee would be $103,265 for each covered application.

It would apply even to some workers with advanced degrees from U.S. schools.

Companies would pay it on top of other visa fees.

The government says the money would help pay for immigration services and encourage companies to hire and train Americans.

Nasscom says H-1B visas help companies fill temporary shortages of skilled workers.

Nasscom also says Indian technology companies have hired more workers in the United States and now rely less on these visas.

The public has 30 days to comment before the proposal can be finalized.

Key facts

Proposed additional fee
$103,265 per cap-subject H-1B petition
Scope
All cap-subject petitions, including those eligible for the advanced-degree exemption
Payment
Paid by employers when filing, in addition to other applicable fees
Estimated annual revenue
About $8.8 billion
Projected petitions
85,000 cap-subject petitions annually
Annual allocation
65,000 regular visas plus 20,000 places for qualifying foreign nationals with advanced degrees from U.S. institutions
Nasscom investment
More than $1.1 billion for STEM initiatives involving over 130 universities and colleges, 2.9 million students, and more than 255,000 employees upskilled

Quotes

Nasscom

India’s IT industry apex body

“The H-1B visa programme has long served an important purpose in addressing short-term skill gaps in the US. It is also important to recognise that, over the past 5 years, the number of H-1B employees of Indian technology companies operating has reduced significantly, as companies have steadily expanded local hiring.”
thehansindia.com thehansindia.com freepressjournal.in deccanchronicle.com

Sources

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