Trends The Top 10 US Employers Requesting Visas for Foreign Workers Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint.com Published Aug 14, 2012 2 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. The top 10 US-based employers requesting H-1B visas for highly skilled foreign workers include Microsoft, Deloitte, and Cognizant Technology, according to analysis by the Brookings Institute. Microsoft requested more than 4,100 visas per year for foreign workers on average. The majority of the visas are for Indian and Chinese nationals. What is the H-1B Visa Program? Beginning as part of the Immigration Act of 1990, the H-1B visa program allows employers to hire foreigners to work in specialty occupations on a temporary basis. Specialty occupations are defined as “requiring theoretical and practical application of a body of highly specialized knowledge and the attainment of a bachelor’s degree or higher (or its equivalent) in the field of specialty.” [Editor’s note: All H-1B visa recipients are required to have at least a bachelor’s degree with the exception of fashion models.] Not surprisingly, the bulk of the list are technology companies including Intel, IBM, Oracle, Qualcomm and Google. Cognizant, UST Global, and Deloitte all provide consulting and outsourcing for IT services. Surprising Information A bit surprising was the number of foreign-based companies requesting H-1B visas for employees to work at their US locations. This list is topped by four India-based IT services companies Tata Consultancy, Wipro, IBM India, and Infosys. Larsen & Toubro, also on the list, is an India-based technology, engineering, construction, and manufacturing company. According to Brooking’s analysis, over 50% of all H-1B visa requests are for computer experts. Over 150,000 IT-related employees are working in the US under the visa. The other categories include engineers (8.6%), financial specialists (6.2%), and medical specialists (5.6%). The New York metropolitan area had by far the highest demand for H-1Bs, almost 53,000 over 2010-2011, accounting for more than 16% of national demand. Los Angeles, San Francisco, San Jose, and Washington made up the remaining top five metro areas. Brookings said the revenues generated by the visa fees, which can top $5,000 per application, went to “programs to address skills shortages in the US workforce.” About half of the funds to to the Department of Labor’s Employment and Training Administration. Top 10 US Employers Requesting H-1B Workers Microsoft (4,109) Deloitte Consulting (2,981) Cognizant Technology (2,017) Intel (1,510) IBM (1,1468) Oracle (1,413) UST Global (1,133) Qualcomm (1,017) Deloitte & Touche (1,016) Google (1,009) “The Top 10 US Employers Requesting Visas for Foreign Workers” was provided by Minyanville.com. Previous Post Market Wrap-Up: Scared of Inflation? What Inflation? Next Post Will Work for Food: Co-Ops, Farm-Shares, U-Picks, and More Written by Mint.com More from Mint.com Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do … Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on… Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance