Y-Axis Immigration Services

Sign up for free

expert consultation

Down Arrow

I accept the Terms & Conditions

Icon
Don' know what to do?

Get Free Counseling

Posted on March 24 2015

Obama Eases L-1B Process, Indian IT Companies to Benefit

profile-image
By  Editor
Updated May 10 2023
Obama Eases L-1B Process Some good news and relief for the Indian IT companies as President Obama has finally announced easing of L-1B work visas process. It means corporate executives of Indian companies in the US can get a work visa without much difficulty. It also means that IT companies can bring their employees to the US for work. The Economic Times quoted President Obama's speech in which he said, "I'm pleased to announce a new action I'm also taking to make it easier for global companies who are present here today to launch and invest in the US. My administration is going to reform the L-1B visa category, which allows corporations to temporarily move workers from a foreign office to a US office in a faster, simpler way." "And this could benefit hundreds of thousands of non-immigrant workers and their employers, that in turn, will benefit our entire economy and spur additional investment," President Obama said at SelectUSA Summit. "One of the things that would make America even more attractive to businesses and that would grow our economy and shrink our deficits, and keep this country safer, stronger, and smarter, would be a comprehensive immigration reform package," he said. Indian companies willing to bring their employees to the US have always had a tough time with the visa rejection rate being really high. It has limited Indian companies to bring temporary workers to the US, but had also reduced the Indian investment in the US economy. Now that the US government is easing L-1B process, the US could witness an increase in foreign investment. The Indian IT companies can also breathe easy as this comes as a major step concerning temporary work visas. News Source: The Economic Times | PTI For more news and updates on immigration and visas, please visit Y-Axis News.

Tags:

L-1B Visa Process

US L-1B Visa

Share

Options for you by Y-Axis

phone 1

Get it on your Mobile

mail

Get News Alerts

contact 1

Contact Y-Axis

Latest Article

Related Post

Trending Article

Belgium Citizenship

Posted On December 14 2024

Belgium Approves 45,500+ Citizenship Applications in 2024. Apply now!