Increase in H1B and L1 Visa charges
USA has increased the H1B and L1 VISA charges. In a press release, American Citizenship and Immigration, the persons applying for H1B Visa is said to have an additional $ 4000 above the prevailing rates. It’s said to be declared effective from 18th December 2015. Persons applying for L1A and LB Visas is said to pay additional US $ 4500.
There are several technology companies who have employed non US citizens (Indians) in their companies in USA. These companies is said to bear the additional charges for obtaining Visas for their new employees. This rule is especially for Hi-tech Companies which has more than 50 persons or the companies who have 50 % employees on H1B or L (L1A & LB). This rule will be till 30th September, 2025.
According to the press release of NASSCOM during September 2015, Indian Hi-tech companies to contribute about Rs. 7 to 8 Crores per year to US Treasury.