President Trump has made few important proposals to the existing process of H-1B visa allocation in the US. Under the new proposals, a foreigner with US Degree will have more chance to get an H-1B visa, which means that US educational system can also get a boost now as more and more foreigners will now opt for a US degree.
At the same time, this can be a bad decision for Indian IT firms, and candidates with higher degrees and higher income will be selected first. No doubt this will benefit tech firms in the US, but Indian IT firms can suffer.
US Degree Will Have More Importance
Under the current ‘lottery’ system for granting H-1B visa, a cap of 65,000 visas exist in a year. However, a smaller cap of 20,000 H-1B visas exists for those who have a US degree.
Currently, US degree holders are exempted from the cap of 65,000 visas, and thus, chances are less for them, because they are fighting the 20,000 cap.
But from now on, the process will be reversed.
Now, both US and non-US degree holders will compete in the same 65,000 visa cap, and if the US degree holder misses out, he/she may try again for the 20,000 H-1B visa cap.
This means, that a foreigner with a US degree will now have 16% more chance to get an H-1B visa, compared to the current process……..Read More>>