Bill Gates Effect : H1B Visa Cap set to Increase ( 130,000 )

Bill Gates : We need More H1B Visas was my previous article, where Bill Gates was presenting to Congress to increase H1B Visas.

We provide the world’s best universities … and the students are not allowed to stay and work in the country,” Gates said Wednesday. “The fact is, [other countries'] smartest people want to come here and that’s a huge advantage to us, and in a sense, we’re turning them away.”

As the result of his speech before Congress last week, as the result Representative Gabrielle Giffords introduced bill late Thursday, would increase the cap in H-1B visas from 65,000 a year to 130,000 a year. Also, there would be no cap on H-1B applications for foreign graduate students attending U.S. colleges.

Also, if this year 130,000 H1b Visas were to be issued, then from 2010 to 2015 number of H1B visa will be increased to 180,000. This is very good news students and other companies in U.S. and also to many who were preparing to apply for H1B. Here’s top five reasons why H1B Visa Cap will increase.

But, again, its long way from becoming a law. First, congress has to approve it. Then comes Senate, then Mr.President has to sign it before, the law can come into effect.