Biden presidency raises new hope for tech companies with foreign workers

Published 5 Min Read

Bloomberg News

As a result of the Trump administration’s moves to restrict foreign work visas, including H-1B, many tech companies are struggling to hire foreign employees with STEM-degrees. But President-elect Joe Biden has plans to overhaul those rules and implement policies that would ease visa restrictions.

H-1B visas allow U.S. employers to temporarily employ foreign workers in specialty occupations. Currently, the U.S. has about 580,000 H-1B visa holders, according to the United States Citizenship and Immigration Services. For new applicants, denials have been rising steadily during Trump’s presidency, to almost 30% in 2020 from 6% in 2015.

Evelina Nedlund
Associate editor

Evelina Nedlund is an associate editor of Employee Benefit News and Employee Benefit Adviser. She can be contacted via email at evelina.nedlund@arizent.com.


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