55,000 Immigrant Visas for foreign STEM Graduates

The United States is looking forward to bring in highly skilled graduates. It is focusing more to provide 55, 000 immigrant visas to those graduates rather than making it available through the Diversity Visa Lottery program.
The US Senator who administers immigration has introduced a legislation, “Securing the Talent America Requires for the 21st Century”, which would reserve 55,000 immigrant visas to foreign students from American universities. The specific US-based courses include science, technology, engineering and maths, the STEM fields.

According to Senator Cornyn, the United States should not be inferior to any other country in the world, in the global competition for the best and brightest minds in the world. The legislation introduced by Senator Cornyn is backed by the American Council on International Personnel.
The executive secretary at the American Council on International Personnel (ACIP), Lynn Shotwell, says that the economy of the United States requires the highly wanted STEM graduates. Lynn also added that America cannot afford to allow its immigration system to fall behind in the world-wide competition for talent, by losing the STEM graduates to rivals, overseas.
According to the current visa system, the foreign graduates can work temporarily for a period of six years, in America, on the temporary H-1B visas. After six years, those foreign workers are forced to leave the United States. This is because there is no way to obtain an employment based Green Card directly. Developed and developing, American software and technology companies are unhappy about the lack of visas that are available for foreign skilled workers. Microsoft has opened a campus in Canada, where the foreign workers, who are unable to obtain US visas are stocked.
Senator Cornyn stated that, this law through which the visas for the STEM graduates will be increased, will be important to the US companies as they wish to hire an international pool of employees. A survey shows that there are around 2 million hi-tech jobs, yet to be filled in the United States.
Policy analyst, David Bier, at the Competitive Enterprise Institute based on Washington said that the economy of America is ready to grow, but the restrictions and quotas stop its growth. He also said that the United States cannot succeed if it cuts itself from the global labor market.
The current Diversity Visa lottery program which provides immigrant visas to people from countries with low immigration rates to the United States, will be scrapped, if the new law of Mr. Cornyn comes to effect. Mitt Romney, the Republican presidential candidate, also supports the immigration rules for these STEM graduates and specialists in technology. This bill is one of the several other bills focusing on immigration to get approved before the presidential elections, this year.


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