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I wonder what the government has done so far with the ACIWA fee paid with every H1B filed. This is in addition to the premium processing fee which enables USCI
by vsskanth 7y ago
I wonder what the government has done so far with the ACIWA fee paid with every H1B filed.
This is in addition to the premium processing fee which enables USCIS to run a budget surplus.
- jmpman 7y agoGood question. Still, the ACIWA fees aren’t enough to make US Citizens cheaper than H1Bs. Another side effect is that housing prices would fall dramatically as the H1Bs would no longer be able to afford expensive Bay Area rentals. They would live 4 to an apartment, freeing up housing stock.
- jogjayr 7y agoSo H-1B workers are simultaneously: a) are underpaid indentured labor b) singlehandedly responsible for high Bay Area rents (presumably because they make so much money) I'm sorry, I really don't follow any of this logic. How does falling real estate demand and cheaper rent force H-1B folks to live 4 to a room? Isn't it cheaper for everyone in that case?
- jmpman 7y agoLet’s say that an H1B cost $150k today. If a large enough tax was imposed, the companies are still paying $150k, but $75k of that is a tax, and infosys is getting the other $75k, paying the H1B just $50k. Now, a US citizen would have $150K to pay his/her yearly expenses, while the H1B would only have $50k. The H1B wouldn’t be able to afford a $3000 apartment in the bay and would be forced to share a room. That would then drive down demand, reducing housing costs.
- dmode 7y agoI am very confused about your post. Are you saying that an engineer receiving $150k in base pay today, will suddenly work for $75k tomorrow? Are you also suggesting that there will be two class of engineers, one getting paid 75k and another 150k in the same location ?