New proposed immigration regulations in USA could impact onsite wage costs, granting of visas, tenure of visas, and overall costs of compliance. "We are close to 63% visa-independent in the US and over 50% in Europe and ANZ. "We may see some changes from the Trump regime, but it will not go back to the old pre-Trump days," he added. He added that from a strategic perspective, Infosys' approach of localisation is "probably the right one". The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

Source: Mint November 15, 2020 08:48 UTC