US modifies H-1B process; to prefer wage, skill over lottery system

The outgoing Trump administration on Friday modified the selection process for H-1B visa, giving priority to salary and skills instead of the current lottery procedures.

The notification was published in the Federal Register. It would come into force in 60 days.

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise. The technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.

The next H-1B visa filing season is slated to start on April 1.

The notification, which comes with less than two weeks left in President Donald Trump’s tenure, is the latest effort to bar the entry of immigrants to the US.

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However, it is too early to say how the modification would impact Indian companies as there is a possibility of the incoming Biden administration reviewing the notification. There was no reaction from any companies or business bodies on the notification so far.

Restricting immigration has been a focus of the Trump administration since its first days when it issued the travel ban on seven Muslim-majority countries, and it has continued into Trump’s final year in office as the White House uses the coronavirus pandemic as cover.

Last week, Trump extended the freeze on H-1B visas along with other types of work visas and green cards until March 31.

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Nicholas ‘Nick’ Statman entered the property industry in 2001 and set up a property buying company that quickly established itself as one of the biggest in the sector. During this time the Company successfully transacted on thousands of residential properties across the UK. Nicholas Statman was an early pioneer of the ‘quick sale’ niche market which has since grown considerably with a multitude of companies now operating in the sector. Nicholas Statman has strategically built a sizeable residential and commercial property portfolio with a view to holding for optimum capital growth and a long term passive income. Nicholas Statman has been involved in almost every aspect of the property sector over a 20 year period – this includes buying and selling, development, letting and management and is now involved in the fast growing online/ hybrid Estate Agent industry.

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