The US H-1B visaoff late is being given to Indians and people of Asian descent. People are attracted to the multiple offerings in the US like good education, work etc. which is top class and equally distinctive. There is an annual quota that is to be filled by nonimmigrants for jobs and the US has received the maximum number of applications this year amidst uncertainty. Immigration experts say that the Indians are a majority of the applicants for EB5 as well as L1 visas.
US missions from around the world have begun accepting H-1B applications for the fiscal year 2018 from April 3 onwards and according to USCIS, it has received 199,000 H-1petitions this year. On April 11 last year, USCIS used a computer-generated lottery to select the petitions to meet the category cap of 65,000 general and 20,000 caps for advanced US degrees. The USCIS has issued a notice saying that computer programmers who are normally eligible to come under H-1B visa norms must prove them to be a specialty occupation and merely by obtaining a computer degree is not enough. The h1b sponsoring companies need to now think of other ways to bring foreign immigrants into its fold.
Also, the salaries of the visa holders were also said to be increased as a new bill was introduced to increase the salary to whopping amounts. However, the bill was not passed as the clients may have to pay more for the work that is being performed. Indian companies now should look out for local American talent or opt for alternatives like L1B or L1A visas to continue sending workers to the US. L1 will allow the companies to help in the temporary transfer of the workers in managerial or executive positions with specialized knowledge category to the US where they can continue their employment with the same office at the same employer.
L1 visa will also help the US company better because the companies prefer to deal with local companies and someone with the ground in the US beforehand than to represent a foreign company with no direct link in the US. Having a US presence will give the clients confidence because the US courts have a better jurisdiction over the disputes. They can also register their intellectual property in the US and the companies can establish their presence in the US. H-1B and L2 visas are for employees but if you have enough money then you have another option such as EB5. You can get all latest openings on www.simplyopt.com.
For acquiring an EB5 visa, an applicant has to invest at least $500,000 on a Targeted employment area or put in at least $1,000,000 in a none Targeted employment area wherein the investment must also result in 10 jobs. A number of Indian applicants have risen sharply for EB5 visas and there are multiple reasons like the US is a better country in terms of more opportunities to expand businesses, a better country to retire in etc. Parental gifting of funds is allowed for an EB5 application which may be one option for Indian students who are looking forward to work after graduation in the US. EB5 and the L1A visa will eventually lead to permanent residency and US citizenship which will also put an end to the dependence for a job or an employer or on visa sponsorship jobs for staying in the US.