May 24, 2013
H-1B Visa: USAâ€™s Most Sought After Visa
USA is a land of dreams, where careers are made and ideas realized. For most professionals round the globe H-1B visa is their ticket to this wonderful nation, where they can realize their potential and fulfill their dreams. The popularity of this visa can be determined by the fact that the cap for H-1B visa for the fiscal year 2014 was reached within the first week of the filing period and we are talking about more than 65,000 visas plus an additional 20,000 which the USICS received on behalf of individuals who are exempted from the cap under the advanced degree exemption. According to USICS it received more than 124,000 visa application including the ones under advanced degree exemption.
What is an H-1B visa and why itâ€™s so sought after?
An H-1B visa is a program to employ foreign workers in skilled occupation that require theoretical or technical expertise in specialized fields, including but not limited to scientists, engineers or computer programmers. There are many benefits of H-1B visa that makes this visa program so attractive for foreign nationals, some of them are as follows:
1) An H-1B visa allows you to enter in the US and work there for a maximum time of six years.
2) H-1B visa holders can extend beyond the six year time frame under two conditions â€“ a) if the H- 1B visa holder has applied for labor certification application or an I â€“ 140 petitions one year prior to the expiry of their H-1B visa and the LC or I-140 process is pending. b) I â€“ 140 immigration have been approved but cannot initiate the final step of Green Card.
3) An H-1B visa impacts the remuneration of an individual positively.
4) You can change jobs
5) The H-1B visa allows dual intent meaning there is no need for an alien worker to maintain foreign intent.
6) Spouse and children under the age of 21 years are allowed, they are given an H â€“ 4c visa, an H â€“ 4 visa holder can go to school, obtain driverâ€™s license and open bank account.
Requirements For an H â€“ 1B Visa
1) Evidence that the proposed employment falls under specialized category.
2) Evidence of educational qualification
3) Copy of contract between the employer and the employee.