How H-1B Visa Changes Could Benefit Indian Professionals and Not Outsourcing & Technology Companies
Changes in Skills Visa Policy in the U.S. Could Benefit Indian Professionals but Raise Labor Costs for Companies
By Ignatius Chithelen
Knowledge@Wharton April 26, 2018
President Trump has issued an executive order directing some U.S. agencies to review the nonimmigrant, H-1B work visa policies, which at present allow companies to hire “skilled” foreign workers when employers say they cannot find qualified Americans. Trump has questioned the impact of the program, saying that it represses American wages by paying foreign workers less. The U.S. issues 85,000 H-1B visas annually, and extends or reissues another 100,000 visas, according to Forbes. Last year, nearly 127,000 visas went to Indian nationals, about 21,700 to Chinese workers and 2,540 to Mexicans to round out the top three.
Should the review lead to curtailing the visas, on first glance it looks likely to hit Indian professionals — and Indian tech companies in particular — the hardest. But in this opinion piece, Ignatius Chithelen argues that some Indian visa holders could actually end up ahead. He is the author of Six Degrees of Education: From Teaching in Mumbai to Investment Research in New York, and the founder and managing partner of Banyan Tree Capital Management.
For article go to: H-1B Visa Changes. Ignatius Chithelen. Knowledge@Wharton
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