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US finally increased the H-1B, L-1 Visa fee-Indian IT Companies to take a hit

Posted - 19, Jan 2016

The U.S. Citizenship and Immigration Services have finally declared a law that will increase the H-1B, L-1 Visa fee. After this formal announcement by U.S. Citizenship and Immigration Services, the H-1B Visa fee will be $4000 and for L-1 it will be $4500. The law that confirms the increase was signed in by the US President Obama, on December 18, 2015, under the Act for Consolidated Appropriations 2016.

Petitioners with 50 or more employers will pay the additional fee
As per the USCIC, additional fee of $4,000 for certain H-1B petitions and $4,500 for certain L-1A and L-1B petitions to be paid for every employee. This is applicable for the Companies, which hire 50 or more employees in the United States. The announced will be applicable till September 30, 2025.

Indian IT firms to be impacted
With the increased visa fee, the Indian IT firms will have to take a hit. The Nasscom (National Association of Software and Services Companies) - An Indian IT Industry body has said in a statement that this increase will have an impact of $400 million on the industry. Indian IT firms every year apply for thousands of visas and hence, this rise in fee would certainly thump their margin.

The USCIS, however, said that it will reject the petitions received without the data required as per the new law, w.e.f. February 11, 2016.

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