Significant transformations have shaped United States visa policies in the year 2023 which have impacted different categories such as H-1B, EB-5, and student visas (F, M, J). The changes are valid throughout all embassies across India. The below provided information will provide you with all the insights that you need to know about the new regulation. US State Department officials announced earlier this year that a limited number of 20,000 participants will be able to renew their H-1B visas under the program. These regulations also impacts process of EB5 for H-1B visa holders.
Under the program, H-1B visa renewals must be mailed to the State Department, and they are not allowed to travel outside the United States. H1B employees are able to renew their visas without having to leave the country, but their spouses cannot.
Restrictions on H-1B registrations:
In addition, in order to address the issue of over-incorporation, the US government implemented new regulations in 2023. The new regulations require a one-off registration per employee. As a result, employers will now need to provide passport information for every H1-B visa applicant.
Nicholas A. Mastroianni III, the President and CEO of US Immigration Fund (USIF), said, “This change is designed to reduce the artificial inflation of applicants’ chances in the H-1B lottery system and to ensure a more streamlined and equitable selection process. The goal is to enhance the fairness and integrity of the H-1B visa program, which is highly sought after by professionals around the world, particularly in the technology sector.”
Digital Visa application process:
The U.S. Government introduced a new online visa application system in 2023. This new system reduces the amount of paperwork and streamlines the visa application process. This digital platform is a major step forward in improving the efficiency of visa applications. The goal of this new visa application system is to make the visa application process more convenient and efficient for applicants from all over the world. It is a major step towards simplifying visa procedures and enhancing the overall experience for applicants who want to travel to the USA. The digital visa application has provided the opportunity for people to apply for the visa at the tip of their fingers without any hassle. This has also helped in maintaining accurate data of the applicants without any mistakes.
EB-5 Visa Applicants :
U.S. Citizenship and Immigration Services (USCIS) made changes to the EB-5 Visa policy in October 2023. The EB-5 Visa Reform and Integrity Act (E-5 Reform and) Act of 2022 was updated to include the new EB-5 policy. The updated EB-5 policy states that if an investor can create 10 jobs, he or she can repay the visa after two years and remain eligible for a green card in the United States.
EB5 Visa program is a magnificent opportunity for citizens outside America to avail all the benefits as a green card holder with a minimum investment. He/She can live as an official resident of the country and enjoy all the benefits such as an American lifestyle, education and exemption from taxes.
This article was originally published here.