Elon Musk’s H-1B U-turn: Elon Musk, the billionaire and CEO of Tesla, declared that the H-1B visa system is “broken” and requires a “major reform” a few days after he vowed to “go to war” to defend it. According to Elon Musk, he has made it clear that the H-1B visa program is flawed and that it can be readily fixed by taking certain actions. In addition to raising the minimum wage, he proposed adding an annual fee to maintain the H1B.
Musk claimed that it would increase the cost of hiring foreign workers, causing businesses to turn their attention to domestic labour. This could be easily resolved by raising the minimum wage considerably and adding an annual maintenance fee for the H1B, which would make hiring foreigners materially more expensive than hiring domestically.
Elon Musk’s Declaration
Elon Musk made this statement in response to a post on X that stated that the H-1B program “isn’t the way to do that” and that the US should be a destination for the “world’s most elite talent.” Elon Musk previously declared that he would “go to war” to protect the program, which aids in attracting highly qualified foreign workers to the United States.
Musk also post on X that “I am in the United State because of H1B and with so many important people who built SpaceX, Tesla and hundreds of other companies that make America stronger I am in US. ”Trump then declared, “My properties are home to numerous H-1B visas. I have been a supporter of H-1B. I’ve made extensive use of it. It’s an excellent program.”
What is the H-1B Visa New Rules, and how can you get it easily? US Visa | Indians H-1B
The H-1B Visa Program: What is it?
Employers in the United States can temporarily hire foreign workers in specialized fields with the H-1B visa, which is a non-immigrant visa. These occupations typically require for a bachelor’s degree or similar education.
Jobs in the fields of mathematics, engineering, technology, and medical sciences (STEM) are usually eligible for the H-1B visa. An H-1B visa classification typically has a three-year initial term with the possibility of a one-year extension, for a total of a maximum of six years.
US H-1B Visa Reforms: salary-based selection instead of lottery!
Important Requirements
- In order to be eligible, a job must be a specialized field that calls for the application of specific knowledge theoretically and practically, usually requiring a bachelor’s degree or more.
- Additionally, U.S. employer should sponsor the foreign employee, who must also submit the required petitions to U.S. Citizenship and Immigration Services (USCIS).
- A lottery system is used to choose the petitions that will be processed if the program’s annual cap on new visas is exceeded.
- H-1B status can be extended after the initial three-year period. Notably, individuals with an H-1B visa may have dual intent, meaning that they may plan to immigrate permanently while they are on the visa.
- US law establishes guidelines to safeguard H-1B visa holders and American workers. Employers are required to certify to the Department of Labor that they pay H-1B employees’ wages that are on par with or greater than those paid to comparable workers or the going rate for the position in that region.
