In light of the recent increase in H-1B visa fees to $100,000, businesses have been searching for less costly alternatives, namely the O-1 and L-1 categories. These are drawing a lot of interest and popularity with Indian professionals in their quest for U.S. opportunities.
O-1 Visa: Extraordinary Ability
The O-1 visa is given to people with extraordinary ability in such fields as science, education, business, or athletics. Unlike the H-1B, most others are limited by annual caps and subject to lottery systems. Applying for the O-1 visa may be done at any time of the year; rush processing is available for an additional fee. The price can be about $12,000, which is inexpensive relative to an H-1B fee of a hundred thousand dollars. During fiscal 2024, the U.S. afforded 19,457 O-1 visas to those Indians, constituting 8% of the recipients.
L-1 Visa: Internal Company Transfer
The
L-1 visa permits the transfer of employees from foreign offices to U.S. branches of multinational companies. It is strictly employer-specific. The cost can go up to an average of $7,000. In fiscal 2024, Indian nationals accounted for 26% of the 71,799 L-1 approvals.
Conclusion
With rising costs and constraints involved in H-1B visa issuance, O-1 and L-1 visas seem to emerge as very fertile avenues for Indian professionals to pursue jobs within the U.S. The predictable costs and rates of approval present rewarding alternatives to both employers and employees. So choose the right partner,
Abhinav Immigration Services for your dreams.
