US administration Donald Trump proposes to abolish the computerized lottery system for granting “ H-1B ” visas to foreign professionals working in the information technology sector and instead adopt a process selection based on salary. A notice for the new system is published Thursday in the Federal Register.
The Department of Homeland Security (DHS) said on Wednesday that stakeholders can respond within 30 days of notification. DHS said abolishing the computerized lottery system would reduce the pressure on U.S. employee allowances, which come from poorly paid “H-1B” visa holders every year.
The “H-1B” visa is a non-migrant visa that allows US companies to hire foreign technology-skilled workers. A leading US think-tank has claimed that President Donald Trump’s executive order preventing the entry of skilled foreign workers, including H-1B and L1 visa holders, has caused US businesses nearly $ 100 billion in damage- interests.
On June 22, Trump had, by executive order, suspended the issuance of new H-1B and L-1 visas until December 31, 2020. The report released this week by the Brookings Institute said the order had a negative impact on valuations of Fortune 500 companies and had caused them to lose over $ 100 billion. The H-1B visa is very popular among Indian IT professionals and foreigners with theoretical or technical expertise are allowed to be employed in US companies through this visa.