H1B Visa Restrictions to be Removed?
By HSB
Here is an interesting excerpt from the article in Business Week by Vivek Wadhwa on removing H1B Visa restrictions
I have a suggestion for Grassley and Durbin. Pass a bill to deregulate the H-1B visa program, and eliminate the restrictions that make it difficult for H-1B holders to travel, switch jobs, or get promoted. Create a fast-track status to U.S. citizenship for H-1B holders providing they launch a company that employs more than 10 American workers within three years. And grant residency to the nearly 1 million H-1B holders and their families waiting in limbo to obtain permanent residency. Under the current system, that wait can last a decade — with no guaranteed outcome.
By eliminating the more onerous characteristics of the H-1B program, such a bill would probably diminish abuses. If H-1B workers could accept a job from a competitor for a higher wage, it’s likely their real wages would match market rates. Critics might argue that an influx of workers would depress wages, but that seems to espouse the notion that IT workers are no better than factory employees, subject to strict laws of supply and demand. I don’t think that’s the case, and I believe that more smart people in the U.S. will actually create jobs and therefore benefit all U.S. tech workers by growing the total knowledge-employment pie.
Here are four reasons I believe this: Immigrant workers are significantly more likely to launch new companies. Immigrant workers are also far more likely to launch technology companies. Technology companies have accounted for a disproportionate percentage of economic growth in the U.S. in the past four decades. And new companies hire far more new employees than old companies. In fact, companies less than five years old accounted for nearly all of the net jobs growth in the U.S. over the past two decades. Add those four facts together and it’s easy to conclude that what the U.S. needs are more immigrant technology workers rather than fewer.
Read the rest of the article which has more inputs on improving the housing economy by giving Green Card to H1B workers who buy house in US.
Related posts:
- New H1B Rules Removed by Obama?
- New H1B Visa Bill to remove workers from US.?
- New Bill to Reform H1B and L1 Visa Program
- H1B Visa 2010 – Strict Hiring Rules
- Microsoft Laying Off H1B Workers
With millions of Americans unemployed USCIS should cancel these visas. Just go Home. We don’t need you leeches getting jobs from deserving Americans.
JUST GO HOME WE DON’T WANT YOU ANYMORE…
VIVEK FRAUDWA
Why the hate towards H1b workers? A lot of Americans provide work to illegal immigrants who “leech” out on gov’t benefits at the expense of tax payer’s money. Guess what, H1b workers pay taxes too you know? Illegal immigrants do NOT. You have no idea how grueling the process of H1b is (and more so after that), but we go through it anyway because we want to work LEGALLY. It may not be perfect, but at least a system IS in place to monitor H1b workers. The same cannot be said with illegal immigrants. They have formed generations of families, often saved by the luxury of an amnesty.
I do not ask that you instead chanel your “hate” towards them… they probably have their own sad stories to tell. But do set your priorities straight. Proponents of H1b workers say we create more jobs, not diminish them. If you cannot believe that, then at least give us a some credit for respecting your laws.
Woohoo… Finally got my approval notice after sending in the RFE (they wanted my medical license)… They approved it within 3 days of sending it in!
Congrats! were you filed under Regular, non-masters? What service center?
Congrats again. I hope I receive mine soon.
I filed under Premium, non-Master’s quota…
I have to say though, USCIS is slow to update their website, and though I have seen the approval notice (from a scanned pdf from my laywer), I have yet to see an update online…
Anyone please help me out here,I need your urgent attention…I checked my case stat and it reads… Fee Payment Rejected due to Insufficient Funds and Case Placed in Suspense..will it affect my case’s approval???? will it get denied because of that….I hope it gets approved inspite of the trouble encountered.
Call your lawyer and find out how USCIS can get paid!
Great article. Unfortunately most people in the US view H1B visa holders as wanting to get their precious jobs. Little do they understand that these smart h1b holders could actually launch companies outside the US and still steal US jobs..
Amen…