India's growing visa problem

[OhioChick]

June 22, 2011 - 11:33 A.M.

For most of the last decade, India's large tech outsourcing firms have had little trouble getting H-1B visas. This is changing.

A research report by CLSA, a brokerage and investment group focused on the Asia-Pacific market, believes visa restrictions are "piling up" in the U.S. and internationally, and "could fundamentally alter the business model" for Indian IT firms. The Wall Street Journal wrote about the CLSA report and posted it.

Visa rejection rates, reported the CLSA, for top Indian IT firms have reached a high of almost 40% from 5% in just 18 months.

Additionally, Congress last year hiked the H-1B visa fee by $2,000 for firms that are dependent on the visa to deliver their services, which raised visa processing fees from $2,320 to $4,545, reported CLSA. This is all bad news for India's IT firms, which have as many as 90% of their U.S. workers on visas.

More: http://blogs.computerworld.com/18511/indias_growing_visa_problem

[aquart]

1. Too damn bad.

[peace frog]

2. My my, what a shame

Does this mean domestic IT firms will have to hire Americans? Quelle horror! :eyes:

[ChromeFoundry]

4. More like...

It will mean that India will make another formal complaint to the WTO that we are being protectionists.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=4890910&mesg_id=4890910

F-em.

[peace frog]

6. Again I say

Goodness gracious great balls of fire, what a fricking shame.

[leftyohiolib]

7. wto compliance should not happen at the price of the american economy

[leftyohiolib]

8. you forgot the mon Dieu in the quelle horreur

[ChromeFoundry]

3. 40% rejection rate is not nearly high enough n/t

[roxiejules]

5. In case you missed it

Dan Rather did a report on H-1B visas which was quite interesting:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x593585

[AndyTiedye]

9. A Quartet of Tiny Violins for Them

:nopity: :nopity: :nopity: :nopity: