Is the H1B visa fees increase a boon to India ultimately
The idiosyncrasies of US President Donald Trump has reached a new stage wherein he now announced an immediate increase of H1B visa fees by a hefty amount.The instant reaction and worry of everyone is that it will terribly affect the Indian employees, especially the software techs from India.
It is true that the major portion of H1B visas are availed by persons from India.
A hefty increase in the amount, annual fees and the immediate effective date all are going to have some very hard impact on the current emigrant employees in US under that category.
However I am of the opinion that apart from the sudden impact, which also will affect many US corporate giants especially in the Software and hardware sector and even some high importance US sectors, in the long run I feel this is going to be a great opportunity for Indian techs.
In the coming years there will be a very less interest of students and job seekers to emigrate to USA. Moreover Indian techies will be favoured in many other countries. More companies will start their establishments in India.
What is your opinion?
