Pune-Based Startup Founder Weighs H-1B Visa Pros and Cons for Indian Engineers
Pune-based climate-tech startup Respirer Living Sciences’ founder and CEO, Rounak Sutaria, recently shared insights on LinkedIn regarding the pros and cons of the H-1B visa for Indian engineers. With six years of personal experience navigating the complexities of the US H-1B visa, Sutaria aims to inform young engineers about this critical topic.
The Double-Edged Sword of H-1B Visas
Sutaria describes the H-1B visa as a “double-edged sword,” emphasizing its implications for employees more than employers. One of the key limitations is that the visa is employer, location, and job profile-specific, meaning employees cannot switch jobs or alter their roles during the visa period.
Cost Implications
The H-1B visa is valid for three years and can be extended for a maximum of six years. However, the application process can be expensive, with fees averaging around ₹7,50,000 per application, a significant barrier for many candidates.
Limitations for Aspiring Entrepreneurs
For engineers dreaming of becoming startup founders in the US, Sutaria points out a crucial restriction: H-1B visa holders cannot hold a controlling stake in a company. This limitation can make the entrepreneurial journey longer and more challenging.
Risks of Employment Termination
Another downside is the tight deadline for visa holders to leave the country. Sutaria highlights that employees must exit within 60 days of termination, and layoffs can happen with little to no notice.
The Silver Lining
Despite the challenges, Sutaria acknowledges that for fresh engineering graduates, the H-1B visa can serve as a valuable entry point into the US job market. It offers exposure to a meritocratic culture, with many renowned CEOs like Elon Musk and Sundar Pichai starting their journeys via this visa.
Consider Alternatives
Ultimately, Sutaria advises engineers to ponder the value of working in India instead of pursuing an H-1B visa. While the US offers access to high-risk capital and an exceptional work culture, the opportunities in India are growing rapidly.
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