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US technology firms to be impacted by possible Trump move to ban H-1B visas

PUNE | NEW DELHI: American technology firms such as Google and Apple are likely to bear the brunt of a potential ban on H-1B work permits by the Trump administration given that Indian IT services companies have, over the years, reduced their reliance on the US work permit, experts say America Technology Cryptocurrency News The Wall Street Journal reported that the proposed suspension could extend into the government's new fiscal year beginning October 1, 2020, which is when the validity of the new visas begins. 




The Journal quoted unnamed administration sources who said that visa holders already in the US are unlikely to be impacted by this.
Indians are the largest beneficiaries of H-1B visas, receiving about two-thirds of the 85,000 new visas issued each year.

US firms have been the key beneficiaries of the H-1B visa in recent years - seven of the top 10 in fiscal 19 were US-headquartered tech firms. Indian companies meanwhile have America Technology Stock Market worked at localizing their talent mix in the US, reducing the number of H-1B visas they apply for each year.

The share of Indian companies among the top ten visa recipients has dropped from 51% to 24% from 2016-2019 according to USCIS data.

“It is important for the U.S. to access talent critical to the recovery phase. US enterprises need access to essential technology workers who are keeping critical infrastructure operating in the U.S,” National Association of Software and Services Cos, the lobby group representing India’s $ 191 billion technology industry said in a statement.

“Highly skilled workers on Non-Immigrant Visas (NIV) such as H-1Bs and L-1s, are playing critical roles in the delivery of these services and the development of these products. Without their continued contributions, the economic pain would worsen, the industry would slow, and the timeline for a treatment and cure could lengthen,” it said in a statement.

US President Donald Trump is considering a temporary ban on various employment visas, including the H-1B and L-1 intra-company transfer permit, to deal with record unemployment numbers in the US as a result of the Covid-19 pandemic, the WSJ report said.

Poorvi Chothani, Managing Partner of LawQuest, an immigration law firm with offices in India and the US said that a lot would depend on the duration and nature of the restrictions. America Technology Press Release Distribution It would impact H-1B workers selected in the FY2021 cap lottery only if it extends beyond September 15th 2020 as thousands of employees would not be able to travel and begin work on October 1st.

“However, there is quite a large number of H-1B cap-subject employees who are already in the US in some other visa category and they qualify for a change of status within the US. These individuals do not need visas to begin working in H-1B status on October 1, 2020, and would hence not be impacted by a ban on new visa issuance,” she said.




Industry body NASSCOM said that it was seeking exemption for technology workers as essential workers from any exemptions that may be imposed in a second White House Proclamation.

US immigration attorney Greg Siskind said on Twitter that there was a possibility of the administration restricting H-1B visa America Technology Political News extensions to two years instead of three, and introducing higher pay requirements for visa extensions.

Source - https://economictimes.indiatimes.com/nri/visa-and-immigration/us-technology-firms-to-be-impacted-by-possible-trump-move-to-ban-h-1b-visas/articleshow/76342042.cms

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