IT companies likely to reduce H-1B visa impact by nearshoring, hiring local talent: Nuvama
The IT companies are expected to find ways to soften the blow of the recent hike in H-1B visa fees announced by the U.S. administration, according to a report by Nuvama.
On Friday, September 19, US President Donald Trump passed an executive order imposing a USD 100,000 fee for new H-1B visa applications, a sharp increase from the current level of about USD 1,500.
