The US Department of Homeland Security ( DHS) is likely to introduce a new H-1B extension fee for employers of international H-1B visa holders with skilled international employees. The new ruling may require a$ 4, 000 payment for all H-1B card extensions, a move intended to combat visa fraud and improve national security. Additionally, there will be a$ 4,500 cost for L-1 visa extensions, which allow businesses to appoint managers and executives from overseas offices to the US. Beginning July 8th, the new expansion expenses are likely to start going.
According to the introduction of the 911 Reply and Biometric Entry- Leave Fee in 2015, simply businesses with over 50 employees and more than third of them on H-1B or L-1 permits are now required to pay these fees. The new principle, but, may develop this fee requirement to all petitions for H- 1B and L- 1 visa extensions.
International business school students who want to function in the US are favored to use the H- 1B card. Successful applicants can work in the US for three years after earning a higher education degree with the sponsorship of an employer who petitions the United States Citizenship and Immigration Services ( USCIS ).
Also, the L- 1 immigration allows US companies to provide over managers and executives from their international practices.
The DHS stated that” These proposed modifications aim to strengthen our immigration system and maintain the integrity of employment-based visa applications while also safeguarding regional security.”
The DHS has confirmed that until a final decision is made, the new fees for H-1B and L-1 visa extensions wo n’t be required. Although this adjustment is said to be essential to bolster national security, it adds to the financial burden on businesses that employ international talent.
What does alter
Employers with 50 or more US employees who hold H-1B or L-1 visa must pay the cost of initial petitions or a change of company. The costs are$ 4000 for H- 1B requests and$ 4, 500 for L- 1 requests.
These costs will then also need to be paid for petitions for visa extensions.
What will be the effect?
Companies who rely heavily on H-1B and L-1B visa may experience increased fiscal strains that may force them to reevaluate their hiring techniques.
