• search
For Quick Alerts
For Daily Alerts

No visa to firms without 50 pc Americans


US flag
Washington, Aug 30: After United States increased the H1-B, L1 visas, now they are coming with another bill which states that foreign firms with less than 50 percent Americans, won't be allowed to get visa.

If the bill is passed, it is expected to affect the Indian IT outsourcing sector, which is nowhere near this 50 percent figure and still relies on H1-B and L1 visas to transition clients' contracts offshore.

Indian IT service companies depend heavily on H-1B and L-1 visas to send employees from India on a temporary basis to transition clients' work to India.

However, Nasscom President Som Mittal said that there is no official draft available now. There are discussions between the US administration and Congress on a 10-point agenda on the shape of the Bill.

According to sources, all these visa rows are nothing but the political games as unemployment rates are high and private indebtedness is very high.

OneIndia News

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more