US BUSINESS VISA
Singapore is making life tougher for global talent
Singapore's 2022 points-based employment pass system, requiring a salary minimum for overseas employees, may affect its business hub status. It addresses local job concerns, crucial for the People’s Action Party's election prospects. The American Chamber mentions US firms' talent shortage. Ministry of Manpower notes local job growth and non-resident employment drop in 2024.
Applying for a US student visa? American Embassy has a warning for you
Indian students continue to favor the United States as their top destination for overseas education, with expectations of increased student visa applications in 2024. In 2023, India issued 140,000 student visas, and the number of Indian students in the US surged by 35 percent to reach a record 268,923, constituting over 25 percent of the international student population in the country. Acting spokesperson Nicole Holler highlighted the appeal of US universities for their facilities, faculty quality, research opportunities, and career benefits.
Amazon & Google suspending green card applications: Why EB-5 visa a perfect fix for H-1B challenges and tech layoffs
The EB-5 visa program provides stability, job creation, and a streamlined immigration process, making it a reliable alternative for those facing uncertainties in the tech industry. With a direct path to green card status and economic growth opportunities, EB-5 offers a secure pathway to permanent residency.
US eyes India for STEM talent, China for humanities students: US diplomat
Campbell urged for increased Indian students in American universities for technology fields while cautioning restrictions on Chinese students' access to sensitive technology due to U.S.-China scientific cooperation concerns.
Going forward, expect good growth from Aadifidelis Solutions: Shikhar Aggarwal, BLS International
Shikhar Aggarwal, Joint MD, BLS International Services talks about inclusion in Nifty tourism index, synergies from buying stake in Aadifidelis Solutions and more. Aggarwal also discusses the major contract renewals which are expected in the next six to nine months. He also says that in one, one-and-a-half years, multiple contracts are expected from European and North American markets
Why are India's richie rich choosing Dubai to migrate?
A report by Henley & Partners reveals that approximately 4,300 millionaires are expected to leave India this year, with many choosing the UAE as their destination. The UAE's appeal lies in its business opportunities, financial benefits, and high-quality lifestyle, attracting both wealthy individuals and professionals.
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World Cup 2024: All the visas that will let you play for the US cricket team
Many have remarked that few players on the host team are truly nationals of nations like India and Pakistan, and even fewer are recently naturalised citizens, as the Men's T20 World Cup 2024 is currently taking place in the United States. Which visas or immigration routes allow you to represent the United States cricket team?
Study in US: An expert answers your biggest F-1 visa questions
International students on F-1 visas face challenges related to OPT, DSO approval, STEM OPT extension, I-20 updates, SEVIS records, reinstatement, financial documentation, green card applications, driver's license requirements, visa status management, USCIS filings, crowdfunding limitations, and SSN applications.
Adani Group & ICICI Bank launch co-branded credit cards with airport lined benefits
Adani Group and ICICI Bank have joined hands to introduce co-branded credit cards offering airport-linked benefits, aiming to enhance customer experience across various businesses. The Adani One app, launched in December 2022, serves as a digital platform for booking tickets, accessing airport facilities, and more. The cards provide perks like Adani Reward Points on various spends, premium lounge access, free air tickets, discounts on duty-free shopping, and F&B expenses at airports.
Chinese firms turn from ‘Panda’ to ‘Skunk’ as US tensions flare
Chinese investments in the US have trailed behind smaller economies like Spain and Singapore in recent years, according to the US Bureau of Economic Analysis.
Cryptocurrencies: Misunderstood in a hurry, 99.99% are speculative, but understanding 0.01% is worth the effort to find a new FANG
According to rough estimates, as on date there are more than 10,000 crypto currencies which are available for trading. Do you know that there is nothing which stops you from launching another crypto currency. So there is a dichotomy in the world of crypto currencies. On one side there is “ bitcoin” whose biggest selling point is that it has limited supply, but on the other hand there can be unlimited supply of crypto currencies. So, which part of the story should you believe? There is another divergence, when you dig a bit deeper, yes, 99.99% are speculative or probably not even worth having a look at. But another 0.01% are not. Just because they have been clubbed together in the generic basket called “ crypto currencies” they are also being treated as speculative. In reality they are technology platforms which are solving a problem which traditional tech companies have not been able to solve because of multiple reasons. So, rather than painting them same brush, it is time to understand them because the fact is crypto are here to stay
Indian entrepreneur shares plight of Schengen Visa delays, says even Rs 4 lakh and months of waiting aren't enough
An Indian investor based in London, Aashima Arora, missed an international flight despite spending over Rs 4 lakh and waiting months for a Schengen visa to visit Denmark. Arora, a venture capitalist at LocalGlobe, expressed frustration over the lengthy visa process, highlighting the impact on her business plans. The wait time for Schengen visas remains particularly high for Indian travelers.
Steep H-1B fee hike to burn a big hole in IT companies pockets
The steep hike in US H-1B visa fees could spell bad news for Indian IT service providers and dent their pockets significantly, experts and industry insiders have warned.
China sanctions defense-related US companies and executives over Russia, Taiwan
China claims the self-governed island as its own territory, to be annexed by force if necessary. It has long opposed any weapon sales by the U.S. to the island. While the U.S. does not recognize Taiwan as a country, Washington is obligated by a federal law to ensure the island's government has the means to defend itself.
Universities, student groups lobby PM Sunak to protect UK's post-study visa offer
Universities and student groups urge PM Rishi Sunak to retain UK post-study visa, crucial for Indian students seeking work experience. Concerns arise over potential restrictions amidst soaring migration figures. Letters highlight economic benefits and positive impact on UK's global standing. Universities warn of financial repercussions without visa scheme.
High airfares remain a challenge, says Thomas Cook India's Madhavan Menon
Thomas Cook India's Executive Chairman Madhavan Menon highlighted high airfares and limited airline capacity as significant challenges affecting both leisure and business travelers in India. Despite an increase in scheduled flights, the demand-supply constraints are expected to ease only in the long term with the introduction of new aircraft. Menon outlined the company's plans to expand its physical network through owned and franchise outlets and enhance its digital presence.
Ankush Aggarwal returns to Ola Cabs; declining H-1B visas for IT staff
Happy Tuesday! Ola Cabs founder Bhavish Aggarwal’s brother Ankush is back at the ride-hailing business. More on this in today’s ETtech Morning Dispatch.
Hyderabad techie says mental health improved after relocating to US, but gives credit to cooking, cleaning
Abhirath Batra, an engineer from Hyderabad, sparked a social media debate by sharing how his mental health improved after relocating to the US. He attributed this to performing daily tasks independently. His post gained traction, with some questioning the need for relocation. However, others resonated with his experience, finding satisfaction in hands-on involvement in chores. Batra clarified that location isn't a prerequisite for such improvements.
Indian students jittery over pro-Palestine protests in US universities
With protests in support of Palestine intensifying on American university campuses, Indian students and their parents are feeling anxious about seeking admission there. If these protests continue to spread, it might affect the number of students choosing to enroll in US universities this upcoming fall semester.
America's tech industry cannot survive without Indians: SVC Chamber of Commerce CEO
"India(ans) are one of the largest leaders of innovation in Silicon Valley. At one point, ... the data was collected (according to which) 40 per cent of Silicon Valley CEOs or founders were from South Asia or India. That is so huge," Harbir K Bhatia said.
Decoding why Amazon & Google suspended green card applications
Amazon and Google have reportedly paused green card applications due to increased difficulty in the process, as reported by TOI. According to Business Insider, both companies stopped accepting PERM applications in 2023 and may not resume them soon. Alphabet-owned Google and Amazon halted the certification process in 2023. Google employees have been informed that the company will not restart PERM processing until at least Q1 2025, as per a memo from a current employee. Similarly, Amazon announced it would pause new PERM filings throughout 2024.
In line of fire: US campus protests a stress test for Indians
Tensions surrounding the Israeli-Palestinian conflict have caused disruptions on US campuses, leaving Indian students and their parents anxious. Some students participating in protests have been detained, while others face challenges such as switching to online classes.
Trump called the H-1B visa 'very bad' for Americans. Truth Social applied for one
Trump Media & Technology Group, led by Devin Nunes, applied for H-1B visas for Truth Social workers. Jared Kushner's firm also utilized the program. The H-1B visa system faces scrutiny for potential exploitation of foreign workers with Trump's conflicting stances.
US Consulate in Hyderabad conducts visa interviews for 1500 applicants in 'Super Saturday' exercise
US Consulate Team in Hyderabad conducted a quarterly Super Saturday, processing 1500 visitor visa applicants. Efforts to streamline the process and strengthen US-India connections were highlighted, with a focus on technological advancements and the increasing number of Indian visa applicants.
A healthy US economy's secret ingredient: Immigrant workers, eager to fill jobs
How has the economy managed to prosper, adding hundreds of thousands of jobs, month after month, at a time when the Federal Reserve has aggressively raised interest rates to fight inflation — normally a recipe for a recession? Increasingly, the answer appears to be immigrants — whether living in the United States legally or not. The influx of foreign-born adults vastly raised the supply of available workers after a U.S. labor shortage had left many companies unable to fill jobs.
Indians with pending EAD applications stand to benefit with extended validity tenure
According to the USCIS, while processing times have reduced significantly over the past year, if the 540-day automatic extension rule was not announced, nearly 8 lakh EAD renewal applicants would have faced a lapse in their employment authorisation and nearly sixty-eighty thousand American employers would have been negatively impacted. Immigration experts point out that hundreds of EAD applications of Indian spouses of H-1B visa holders are caught in the processing backlog.
US consolidates visitor visa interview waiver appointments in New Delhi
US Embassy in India updates visa procedures, focusing on B-1/B-2 interview waivers in New Delhi. Nonimmigrant B-1/B-2 visas can be processed at multiple centers across India. The US Consular Team processed a record 1.4 million US visas in 2023.
TCS layoffs: US techies allege Indian IT major of employment discrimination
According to a report in the Wall Street Journal, more than 20 employees have filed complaints against TCS, alleging preferential treatment towards individuals on H-1B visas.
US universities can now validate TOEFL scores through Indian study-abroad partners
Educational Testing Service (ETS) has partnered with Career Mosaic to enable US universities to validate TOEFL test scores through their Indian study-abroad partners. This initiative aims to enhance the credibility of student profiles shared with universities and streamline the enrolment process. TOEFL is a standardised test for measuring English language proficiency, widely recognized by universities worldwide.
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