HomeNewsBusinessCompaniesIndian companies to pay $4,000 more for H-1B visa fee

Indian companies to pay $4,000 more for H-1B visa fee

The H-1B visa is designed to allow US employers to recruit and employ foreign professionals in speciality occupations within the US while L-1 visas are available to employees of an international company with offices in both the US and abroad.

May 27, 2016 / 12:17 IST
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Flagship Indian IT companies would have to pay at least an additional USD 4,000 for every H-1B visa application under the new regulations that came into effect last December, according to details published today by a federal US agency.

And those applying for L-1 visa petitions would have to pay USD 4,500 more than other US companies under the new law, which would be in effect till September 30, 2025.

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The H-1B visa is designed to allow US employers to recruit and employ foreign professionals in speciality occupations within the US while L-1 visas are available to employees of an international company with offices in both the US and abroad.

Indian IT firms - which have to incur an additional burden of about USD 400 million annually - have called it "discriminatory", with Prime Minister Narendra Modi himself raising this at the highest level.