If Trump ends H1B visas, what will happen to existing visa holders? (Lifted from Quora)

[tables]

6 minutes ago, princeofheaven said:

there will be boom in s/w product development in India

Services sector lo booom undochu,How product dev?

[tacobell fan]

1 hour ago, mybabyboy said:

Answered by Carlos Hathcock

 

I read in a news report that there are about 1 million H1B holders waiting in green card line. Even if you cut that in half, conservatively, there are still 500,000 skilled workers in the US in these lines. Also, every year 85,000 new H1B holders start working in the USA (not including all the cap-exempt H1B holders).

Firstly, H1B is a law, not an executive order so Trump can’t end it unilaterally. If Trump+congress ends new H1B, it will have a small impact on the US economy, but not too much.

The real whammy is if he cancels ALL H1Bs issued, including the H1B extensions to people waiting in GC line. These million or so people have bought expensive homes, pay taxes, have kids born and raised in USA.

1. If employers are willing to spend thousands of $$ on these employees anyway rather than hire US citizens, they will probably find it cheaper to move them overseas and pay them even less, rather than hire those many US citizens.
2. All the taxes, revenue and business that was getting created by having those million or so people here will disappear.
3. Housing market will be badly hit as these people rush to sell their houses.
4. No foreign graduates will come to the US to study STEM, since they now know for sure there is no point in paying for the degree if they cannot work in the US anymore. Which means all the money that the university was getting from foreign students stops. Already the university system is strained from lack of government support….
5. US dominance in the tech sector might fade away.
6. Other countries who need STEM graduates will happily open their doors (e.g. Canada, EU, China, India)
7. Trump will make all other countries great again!

But again, this is all speculation based on drastic action that might not happen. Lets hope the Congress knows the economic implications of “self-deporting” a million or so skilled people.

Imagine H1-B isn't going anywhere, what is the benefit anyone going to gain by keep on renewing every 2/3 years and amending it for every client change (majority of H1-B does contracting) and if GC dates doesn't move then is it still worth to be on H1 for 10-15 years (possibly) based on current GC dates? Most people worried about H1-B but not the next big hurdle i.e settling in one place. Approval of H1-B is under desecration of USCIS and no one can guarantee you keep getting renewals.

[Android_Halwa]

1 hour ago, Bhai said:

offshore chese vallaki emanna pedatademo??

Outsourcing itself is a business now, now a service...and present virtual world la outsourcing ni apadam kastam and the biggest challenge, outsourcing ni identify cheyadame chala kastam...

[Android_Halwa]

Indian domestic demand won’t be able to accommodate so many techies..and eventually a fraction will set out as entrepreneurs...

biggest gainer will be India and biggest loser will be USA...

[Peter123]

desi hatao..gore bachao 

[ve_ndor_bad_cows]

2 hours ago, Bhai said:

offshore chese vallaki emanna pedatademo??

Neekenduku-- nu yetlina malaysia singapore dubai USA next canada australia

[yaman]

1 hour ago, tables said:

Services sector lo booom undochu,How product dev?

[yaman]

11 minutes ago, Peter123 said:

desi hatao..gore bachao 

[yaman]

11 minutes ago, Peter123 said:

desi hatao..gore bachao 

[Peter123]

Just now, yaman said:

gm ba,,,some peoples sying there like this seems like...cool ba

[Peter123]

Just now, yaman said:

ba desi we r truest racistss ani...yesterday ntv ankor telling 

[yaman]

1 hour ago, Android_Halwa said:

Indian domestic demand won’t be able to accommodate so many techies..and eventually a fraction will set out as entrepreneurs...

biggest gainer will be India and biggest loser will be USA...

I agree