US Work VISA Fees Shoots Up, Indian Companies Like Infosys, TCS Will Feel The Pinch
Every year thousands of Indians move to the USA for greener pastures. Amongst the topmost of all the US immigrants from India are engineers and software developers from TCS and Infosys, two of the biggest IT services providers. The numbers are so huge, that almost 50-70% of the work permits by the US embassy are given out to Indians. However, in a major revision this year, the embassy has doubled the fees of the H1B (work permit) and L1 (resident) from $2000 to $4000. Infosys and TCS will hit feel the pinch.