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Trump's H-1B visa salvo: Costly for US firms, boon for India's economy

Students in the US on F-1 visas may be spared if they convert to H-1Bs without leaving - a strong incentive to remain in the country and push for permanent residency

H-1B Visa
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The White House argues that the H-1B programme is being abused.

Debashis Basu

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On September 19, United States (US) President Donald Trump dropped yet another bombshell. He ordered that all new petitions for H-1B visas filed on behalf of workers outside the US would now carry a $100,000 fee. The measure, which will last a year unless renewed, is aimed at deterring firms from sponsoring foreign workers, particularly in entry-level roles. The immediate impact will be felt disproportionately by Indians, who form roughly three-quarters of all H-1B recipients.  
 Under the H-1B system, firms petition the government for the right to hire foreign workers in specialty occupations, often in technology
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