MUMBAI: The fundamental application fee for an H-1B visa application will rise to $555 from present $460 – a hike of practically 21%. The base submitting charges for L-1 visas (used for intra firm transfers) will rise considerably by 75% to $805.
The new submitting charges come into impact from October. As visa application charges are borne by the sponsoring employer, these hikes will make hiring and deputation of international workers costlier.
As per the newest accessible statistics, of the three.88 lakh H-1B visas issued throughout the fiscal ended September 30, 2019, practically 2.78 lakh (or 72% of the full) had been allotted to Indians. This determine contains visa extensions. While Indians represent the most important holders of H-1B visas, US-headquartered corporations rent a big variety of H-1B employees. Recent country-wise knowledge of L-1 visas isn’t accessible.
Currently, US Citizenship and Immigration Services (USCIS), the immigration company of the US authorities is looking for a $1.2 billion emergency funding from the federal government. It has postponed lay off of practically 13,000 members of its workforce to August-end. Typically, the company is essentially funded by submitting charges.
At current, corporations with greater than 50 workers, greater than 50% of whom are in H-1B or L-1 standing, should pay an extra $4,000 fee for every new H-1B visa and $ 4,500 for every new L-1B visa. Now, charges may also be payable for visa renewals (extensions) and is anticipated to garner $200 million yearly.
Spouses of H-1B employees (ie: these holding an H-Four dependent visa) will now have to shell out $550 to receive a piece allow, a rise of 34%. Fees for making use of for citizenship have risen from 640 to $1,170, which is a big rise of practically 83%. Fees have additionally been hiked for numerous providers equivalent to biometrics.