H-1B Visa Renewal Change Could Cost Companies Millions
Summary
The Department of Homeland Security (DHS) is planning a rule change that would make some employers pay a $4,000 fee when renewing H-1B and L-1 work visas. This could cost big companies that use many of these visas millions of dollars in extra fees each year.Key Facts
- DHS wants to apply an existing $4,000 fee to H-1B and L-1 visa renewal petitions for certain employers.
- This fee is not new nor increased but will apply in more cases due to a 2015 law update.
- Employers with 50 or more U.S. employees, where over half have H-1B or L-1 visas, would have to pay this fee.
- Companies like Amazon, Apple, Microsoft, Infosys, and Tata Consultancy Services could be affected.
- For example, a company filing 1,000 H-1B visa extensions could pay an extra $4 million in government fees.
- The H-1B visa allows U.S. employers to hire skilled foreign workers for specialized jobs requiring at least a bachelor's degree.
- The L-1 visa lets multinational companies transfer executives or specialized staff to the U.S.
- The final rule has not yet been published, so details and timing may still change.
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