Tech industry’s demand to increase H-1B visas from 65,000 to 115,000 a year, and possibly as many as 300,000 a year has been approved by Obama.
"Right now, there are brilliant students from all over the world sitting in classrooms at our top universities," "They're earning degrees in the fields of the future, like engineering and computer science.
"We're giving them all the skills they need to figure that out, but then we're going to turn around and tell them to start that business and create those jobs in China or India or Mexico or someplace else," Obama added. "That's not how you grow new industries in America."
Bill named as the “Immigration Innovation Act” would exempt
- Dependents of employment-based visa holders
- Advanced degree holders in science, technology, engineering and math
- Persons with extraordinary ability
- Outstanding professors and researchers
The act would change US’s economy and its place in competitiveness list.
Including the increase of H-1B visas
to 115,000 a year, the Immigration Innovation Act would also create an automatic escalator. The escalator would be able to adjust the cap numbers as per the demands of the economy and requirement. The total ceiling level is however fixed at 300,000.
Depending on the demand and how fast the annual limit is reached, an additional 20,000 visas can be made available immediately.
People willing to move to USA should have their profile evaluated by us. Fill a simple and FREE Evaluation Form
or buzz us on 1800 103 1555
Connect with us on Facebook