Restricting H-1B Visas and L1 Visas will result in increased outsourcing according to Forbes contributor Stuart Anderson. Mr. Anderson has argued that more the rejection of provisional visas by the Congress more will be the investments made outside the US.
Stuart Anderson further elaborated that overseas firms will make use of their office spaces, business affiliates network and outsourcing to bypass US immigration regime. It reflects reality and common sense as we all live in a global economy added Mr. Anderson.
Explaining the need for approval of H-1B Visas and L1 Visas, the Forbes contributor said that every major US firm, as well as mid-scale firm, has outgrown presence beyond the US. The move to relocate operations overseas outside the US will be a direct response to tougher US immigration regime, added Mr. Anderson. This will also be done to achieve affinity with the customers, as quoted by the Workpermit.
Many of the overseas firms in the US would consider relocating outside as a secondary resolution. But it is unwise for the Congress to believe that relocation of operations overseas outside the US will not happen if it rejects H-1B Visas and L1 Visas.
George Mason University Economist Tyler Cowen said that the relation between immigration and outsourcing can be grasped by economists. He has clearly mentioned in his book ‘Average is Over’ that increased immigrants intake implies that the jobs in those areas where they are employed will be less outsourced. Jobs are retained in the US owing to immigration.
Actually, immigration must be encouraged to lessen the threat of jobs being outsourced. This will help to keep the economy competitive and retaining complementary jobs, elaborates the book. If outsourcing becomes a concern, then immigration must be encouraged, adds Cowen.
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