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| Visa fee hike impacting US firheart |
| Visa fee hike impacting US firms too
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| UNITED STATES OF AMERICA
, 5-June-2011
2:14:45 AM |
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The increase in H-1B and L1 visa fee by US Congress to fund enhanced border security measures, which was basically intended to have financial implications on Indian companies, is impacting American firms too, a key Democratic Congressman has said, highlighting the need to fix this.
"Mr Speaker, I rise to bring to your attention an unintended consequence brought on when we enacted last year's emergency supplemental appropriations bill to fund additional border resources – HR6080, the Emergency Border Security Supplemental Appropriations Act," Congressman Steven R Rothman said on the floor of the House of Representatives.
This bill, the New Jersey Congressman said, was fully paid for by imposing additional fees for new H-1B and L-1 visas on a select group of companies.
Specifically, the companies impacted are those with more than 50 employees; and with a US workforce in which more than 50 per cent are on a professional temporary visa – basically the H-1B and L-1 visas.
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