H-1B visa fees may have a ripple effect on US innovation, work economy: NASSCOM
The U.S. government’s H-1B visa fee is only on a one-day deadline and could have a ripple effect on the U.S. innovation ecosystem and the broader employment economy, Apex Body Nasscom, of the IT industry, said Saturday.
Nasscom responded to a new White House announcement signed by U.S. President Donald Trump, which raised $100,000 in annual fees for H-1B visa applications, as part of a broader reform of the skilled workers’ program, and he said the implementation timeline (anyone enters the U.S. after September 21, September 21, after September 21) is also a problem.
“The one-day deadline creates a lot of uncertainty for businesses, professionals and students around the world. It is best to introduce policy changes of this scale during the appropriate transition period, allowing organizations and individuals to effectively plan and minimize disruption,” the industry body said.
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It said they are reviewing the details of the order.
“This will also affect H-1B visas for Indian nationals to work for global and Indian companies. Technology services companies in India will also be affected as business continuity will be disrupted onshore projects and additional costs will need to be adjusted. The company will work closely with customers to adapt and manage the transition,” NASSCOM.
However, it must also be noted that in recent years, the dependence on these visas has been steadily reduced by increasing local recruitment.
“These companies also follow all the necessary governance and compliance with the U.S. process in the U.S., pay current wages, and establish local economic and innovation partnerships with academia and startups. H-1B workers at these companies are in no way threatening U.S. national security.”
NASSCOM has always emphasized that high-skilled talents are crucial to driving innovation, competitiveness and growth in the U.S. economy.
This is especially critical when advances in AI and the development of other boundary technologies to define global competitiveness. Highly skilled talent will remain at the heart of maintaining the United States’ innovative leadership and long-term economic strength.
It noted: “Although developments are underway, we will continue to closely monitor developments, relate to potential impacts with industry stakeholders and seek further clarity on discretionary immunity procedures granted by the DHS Minister.”
