US visa: H-1B & L-1 new rules to be out on July 8; hefty extension fee on cards— impact on Indians, other details here

H-1B new visa rule: The US Citizenship and Immigration Services is set to announce new rules for H-1B and L-1 visas on July 8, the US Department of Homeland Security said.

Written By Fareha Naaz
Published20 Jun 2024, 03:45 PM IST
H-1B new visa rule: The US Citizenship and Immigration Services will unveil new rules for H-1B visas on July 8, which are expected to include a fee for visa extensions.
H-1B new visa rule: The US Citizenship and Immigration Services will unveil new rules for H-1B visas on July 8, which are expected to include a fee for visa extensions.

The US Citizenship and Immigration Services (USCIS) is getting ready to unveil new rules for H-1B visas to combat fraud and enhance national security, reported Business Because.

The new visa policy will likely have radical implications for employers and professionals, particularly Indians. The US Department of Homeland Security (DHS) suggested that, as per the new proposed rules, all H-1B visa extensions would require a $4,000 fee.

“These proposed changes aim to strengthen our immigration system and ensure the integrity of employment-based visa programs while also safeguarding national security,” the Times of India quoted the DHS as saying.

Also Read | Home ministry refuses to renew visa of French journalist Sebastien Farcis

The US will disclose the new rules on July 8 before implementing the visa changes. The new rules will be open for public comment for a specific period of time. The H-1B visa serves as the main pathway for Indian IT companies to deploy their software engineering professionals in the US. It is important to note that Indians have constituted the majority of H-1B visa recipients in the past.

Also Read | Prince Harry in with a ‘contingency plan’ if Donald Trump gets elected: Report

The authorities are poised to impose changes to the cost of L-1 visa extensions as well. This visa permits companies to hire managers and executives from foreign offices and bring them to the US. The proposed rule would mandate a $4,500 fee to extend an L-1 visa. Thus, employers with 50 or more employees, where over 50 per cent of employees hold H-1B or L-1 visas, are required to pay a fee for initial petitions and when there is a change of employer.

Also Read | Graduate visa: UK plans to scan ‘best and brightest’ minds through stricter test

The USCIS grants H-1B visa applicants residency and work permit after the employer provides a sponsorship allowance. This permit will stay valid for an initial period of three years after completing a higher education degree.

Also Read | Taiwan visa-on-arrival for Indians. Here is what to expect

Currently, the 9/11 Response and Biometric Entry-Exit Fee, introduced in 2015, applies only to initial visa petitions and changes of employers. The proposed amendments aim to expand this fee to encompass all H-1B and L-1 visa extension petitions.

Meanwhile, the Department of Homeland Security confirmed that the new fees will not be required for L-1 or H-1B visa extensions until a final ruling is issued.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:20 Jun 2024, 03:45 PM IST
Business NewsNewsUS visa: H-1B & L-1 new rules to be out on July 8; hefty extension fee on cards— impact on Indians, other details here

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Power Grid Corporation Of India share price

    338.70
    03:50 PM | 26 NOV 2024
    -4.15 (-1.21%)

    Adani Power share price

    437.75
    03:58 PM | 26 NOV 2024
    -9.1 (-2.04%)

    Bharat Electronics share price

    297.80
    03:54 PM | 26 NOV 2024
    5.35 (1.83%)

    GAIL India share price

    193.90
    03:54 PM | 26 NOV 2024
    -5.25 (-2.64%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Laurus Labs share price

    545.00
    03:29 PM | 26 NOV 2024
    12.85 (2.41%)

    Wipro share price

    589.05
    03:58 PM | 26 NOV 2024
    6.3 (1.08%)

    Federal Bank share price

    213.55
    03:51 PM | 26 NOV 2024
    0.55 (0.26%)
    More from 52 Week High

    Poly Medicure share price

    2,775.00
    03:29 PM | 26 NOV 2024
    -227.7 (-7.58%)

    Adani Green Energy share price

    899.40
    03:59 PM | 26 NOV 2024
    -68.25 (-7.05%)

    DCM Shriram share price

    1,160.00
    03:29 PM | 26 NOV 2024
    -67.3 (-5.48%)

    Fortis Healthcare share price

    664.60
    03:59 PM | 26 NOV 2024
    -36.15 (-5.16%)
    More from Top Losers

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Triveni Turbines share price

    824.30
    03:54 PM | 26 NOV 2024
    60.4 (7.91%)

    Capri Global Capital share price

    210.00
    03:29 PM | 26 NOV 2024
    15.35 (7.89%)

    Vodafone Idea share price

    7.53
    03:59 PM | 26 NOV 2024
    0.55 (7.88%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      78,555.00-1,090.00
      Chennai
      78,561.00-1,090.00
      Delhi
      78,713.00-1,090.00
      Kolkata
      78,565.00-1,090.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts