The cap for US H-1B visas for 2018 is tightened but immigration experts say that Indian applicants, who form the majority lot of the applicants fir such visas, have other options as well -- such as the L1 and EB5 visas.
The USCIS on March 31 issued a crystal clear clarification that computer programmers, to be eligible under the H-1B visa norms, must prove that theirs is an exclusive specialty occupation. Merely obtaining a computer degree will not be eligible to qualify.
And also a bill is to be passed soon which seeks to increase the minimum pay of H1-B visa holder to a heavy $130,000 from the current minimum of $60,000.
This will have a huge impact on the companies in the margin of the IT companies.The other choice left is L1 visa. L1 visas give way for the temporary transfer of a foreign worker in the managerial, executive or specialized knowledge category to the US to continue employment with an office of the same employer.Companies can use this option to send their employees for a special purpose.
Former Congress MLA held for helping exchange illegal notes According to sources former Congress MLA Rajesh Jain, who was arrested last month for allegedly making illegal transactions following notes ban, had helped exchange demonetized notes worth Rs 4.5 crore. Meanwhile the police said the Crime Branch had arrested Jain for allegedly conspiring with lawyer Rohit Tandon and some others to make illegal transactions by using fake bank accounts worth Rs 50 crore.
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