As per the new fee schedule, starting from October 2020, employers filing H1B visa petitions will have to pay 20% more. The primary reason for the H1b visa fees increase is to align visa fees with the time that agencies spend on processing and adjudicating H1B visa petitions and applications.
H1B Visa Fees Increase by 20%
- H1B visas fees will increase by 21% to $555
- L visas fees will increase by 75% to $850
- IT companies with more than 50% of the employees on an H1B will pay an additional $4,000 or $4,500 for each visa extension.
According to Joseph Edlow, USCIS Active head “USCIS is required to examine incoming and outgoing expenditures and make adjustments based on that analysis.”
Top Indian I.T. companies TCS, Infosys, HCL, Wipro, and Tech Mahindra, have already reduced their dependency on H1B visas and prefer local hiring for the U.S. due to ongoing issues with H1B visa.
The H1B visa is a very popular visa among Indian I.T. Companies and Software Companies. Since the time the U.S. got its new president H1B visa and immigration are frequently in the news.
Department of Homeland Security(DHS) U.S. has already approved this fee hike for H-1B visas. The proposal to increase the visa fee was submitted in November 2019 and had been opposed by many pro-immigration bodies stated that it would hurt U.S. businesses.
According to USCIS, immigration agencies spend a lot of time reviewing these H1B visa petition, and their dependent H4 Visa petition(if applicable). This fee increase is aligned with the time on an average spent per application.
Earlier this year, The U.S. Citizenship and Immigration Services (USCIS) has requested Congress for emergency funding of $1.2 billion following a sharp drop in visa processing due to the Covid-19 pandemic.
The final rule is all set for publication on the 3rd of August.