Signed bill means fee increases for H-1B and L Visas

President Obama signed a bill into law on August 13 that includes an increase in fees for companies that employ professionals on H-1B and L visas.

President Obama signed a bill into law on August 13 that includes an increase in fees for companies that employ professionals on H-1B and L visas.

There is an increase in fees by about $2,250 for L visas and by $2,000 for employees on H-1B visas, and applies to companies with 50 or more employees in the U.S. that have more than 50 percent of their U.S. workforce on H-1B or L visas.

The bill takes effect immediately and ends in September 2014.