'US bailed out companies can hire H1B workers'
Bangalore, Feb 17: The recent decision in US stimulus bill amendment to freeze H1B visa workers has created a lot of confusion among the Indian IT professionals. In reality the US companies which are receiving the federal bailout money can hire H1B employees if they followed certain 'requirements' put forward by the government.
According to the leading US immigration lawyer Rajiv S Khanna, if a US firm is receiving Troubled Asset Relief Program or TARP fund they can hire 'new H-1B workers' if they comply with certain requirements. Such companies should not displace US workers in similar positions nor may they place H-1B employees at places where such displacement has or will occur.
Khanna said that the regulations will not effect the existing H-1B workers and also on existing or future green card applications of such employers as these requirements are already in place for employers whose workforce contains a substantial number of H-1 workers. Khanna gives a detail description of the specific requirements in his blog, 'How does the Stimulus Bill affect H-1b, L-1 and Green Cards?'
OneIndia News