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Policy▼ Bearish for Indian equities
Revised green card rules, H-1B visa fee hike, social media vetting forcing Indians to rethink about American dream?
The brief
- Tighter US immigration policies include a $100,000 H-1B fee and stricter visa scrutiny
- Tighter US visa rules raise staffing uncertainty for Indian IT services companies
- ‘H-1B is completely broken’: Vance backs scrapping visa system amid US layoff scrutiny
- US H-1B lottery changes from Oct 1
- H-1B registrations plunge as Indian IT firms shift US staffing strategy
- Indian firms slash H-1B filings; Anthropic flags AI risks in IPO
- US H-1B Fee: $103,265 charge to hurt international students, say exempt universities
US H-1B visa fee and rule changes
The Trump administration’s H-1B changes include a $100,000 payment for certain overseas hires, added employer fees, layoff scrutiny and tougher enforcement. JD Vance said the programme should attract exceptional talent rather than replace American workers; a US Labor Department inspector general said the system could change significantly within a year.
Saturday, 3 October
- Revised green card rules, H-1B visa fee hike, social media vetting forcing Indians to rethink about American dream?