US firms fear H-1B visa fee hike could end up hurting American interests
The US' crackdown on the H-1B visa is reshaping opportunities for highly educated foreign workers, especially those from India. More than 70% of H-1B visas issued last year went to Indian workers. Expected to kick in next year, companies will have to pay US$100,000 to bring in each highly skilled foreign worker. American businesses are bracing for impact, as many fear the move to protect US jobs could end up hurting American interests. Nick Harper reports from Washington DC.
The US' crackdown on the H-1B visa is reshaping opportunities for highly educated foreign workers, especially those from India. More than 70% of H-1B visas issued last year went to Indian workers. Expected to kick in next year, companies will have to pay US$100,000 to bring in each highly skilled foreign worker. American businesses are bracing for impact, as many fear the move to protect US jobs could end up hurting American interests. Nick Harper reports from Washington DC.
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