People on visa - do you feel stable? Does it govern your actions?

Neurocrine AtinlayBro
Sep 10 34 Comments

I am on h1b visa. Given the instability in the job market, visa restrictions, and the interview bar getting higher each day, I don't feel stable. I feel like if I lose my job, I won't be able to find a new one. I will have to move back to India sooner or later (moving back is fine but living in fear and insecurity is not).

Because of this, I have inhibitions signing long term lease, buying furniture, or a lot of household items. I don't invest in the country and send my savings back home. I don't buy too many credit cards or open bank accounts. Settling down with a partner or having kids is difficult. In short, I keep everything to minimal so it's easier to move back whenever I have to.

Anyone else who faces this insecurity? Or are you guys sure about being here forever?

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TOP 34 Comments
  • Apple 🥭mango
    You can look the glass half full or half empty

    I am confident that even if I loose my job I will find one straight away. This is due to my skills that I keep updated and network. At any time I know more than one person who is ready to hire me.

    On the other hand, I do avoid early stage startup companies as they are risky and i feel I miss out on the experience and money.

    For the stuff like furniture/car, I believe in living a comfortable lifestyle, what’s the point working hard. Worst case if I move I loose a 3-4 thousand $ when I sell off.
    Sep 10 1
    • Cerner Mad_King
      I think OP is more concerned about the VISA issues rather than finding a job. I have 2 offer letters in hand(Not worked at any consultancy in my life and those two are tier 1 companies) and I always stay prepared for the interviews but I am stuck in the transfer process. This whole process is a black hole. You don't know what's gonna happen. One of my best friend who I think is also smart at what he does got an offer letter from a Tier 1 company and still his transfer was not approved and had to go back to India. So, yes I agree that finding a job is hard but with a lil hard work one can get that but VISA issue is something which will always keep uncertainty in peoples life who are on visa. So, in short yes our lives and everything depends on this stupid visa process which is a black hole and one can just hope that there will be light at the end of the tunnel.
      Sep 11
  • Google aoepqlsnsl
    You should move to a company that is more stable and will not fire you randomly or will have the options to transfer you to a different place. You opening bank accounts and credit card won't matter. What matters is your 401k contribution and Buying a house. Everything else like buying a furniture and car can be done
    Sep 10 7
    • F5 Networks / Eng go()
      401k is fine, no?

      You can start to withdraw after your 60 and keep filing taxes until then?
      Sep 10
    • Google aoepqlsnsl
      Well, if you only plan to stay in us for 5 to 10 years and leave to home country at age 40 or below, you need to wait till 60 to use that money. You could use the same money to invest in your home country, pay off loans, start a business or may need the money if situation worsens. General advice I have heard is don't put it in 401k if you plan to leave early. That being said, I am maxing out my 401k
      Sep 10
    • EPAM Systems ExplodingBanana
      The advice on avoiding 401k above is wrong. If your employer is matching, you'll make money out of it even with the 10% penalty for early withdraw.

      Yes, I've done the calcs.
      Sep 10
    • EA ☕️
      And there are ways to remove penalties all together
      Sep 11
    • Google aoepqlsnsl
      Well if the math works, then go for it!!
      Sep 12
  • Samsung / Eng Calif
    You are in right direction
    Sep 10 0
  • My advice is to have a decent living environment everywhere. You live for this moment. I had exactly similar experience. No furniture, no life quality items. Buy them, and it’s not so hard to resell or give away. They are not expensive
    Sep 10 0
  • Goldman Sachs kach1947
    You cannot always live on a scenario of 'what if' s. It is what it is. We will get GC when the date gets current etc. For those number of years, you're not living here fully, if you're constantly in fear. There is nothing to lose by buying a house car etc. You need to live while you're actually here, and not in India where you send money to.

    To each their own. I have moved from being constantly in fear, and taking it as well as I can, at that moment.
    Sep 10 5
    • EPAM Systems ExplodingBanana
      On the contrary there's a shitton to lose in buying a house on an H1b

      Apart from that solid advice
      Sep 10
    • Goldman Sachs kach1947
      You can sell it and move on. You may have some loss, but like everything else, we cannot predict it either.

      Renting for 12 years vs living in your own place for even 5 of those is worth it, IMO.
      Sep 10
    • EPAM Systems ExplodingBanana
      Do you know that buying a house comes with about 15k overhead? And what if you have to sell while the market is tanked? Careful giving advice about people's life savings
      Sep 10
    • Goldman Sachs kach1947
      How do you know when the market will tank. That is the question no one has been able to predict, which I clearly mentioned above as well.

      As mentioned earlier, these are my opinions. Not meant as advice, but just factors to be taken into account..
      Sep 10
    • EPAM Systems ExplodingBanana
      Sure, even so. People on visa generally move. It's not as simple. I get what you're saying and believe me I want it to be true
      Sep 10
  • Uber yammmm
    I know I'm not buying a house for sure, since I don't want to deal with selling it if I get deported. So I keep my assets liquid in case I need to move to Canada or something
    Sep 11 0
  • Facebook fundundun
    I've been there, my friend. I was going through the exact same issue, not being able to make any decisions that requires me to see 3+ years ahead. I definitely see the difference in terms of stability and security after my Visa got sorted out. Hang in there!
    Sep 10 0
  • Microsoft / Eng amnotblind
    cmon dude....you dont have to be that paranoid....the time spent worrynig can istead be spent preparing yourself to better equip yourself to suit the job market and you will be far better off...dont look at h1b as your lifeblood...its not...leanr to look at the situation akin to larger life...anything can happen at any time...everybody dies somebody....ppl dont calculate every single action in anticipation of the inevitable....if they did, that in itself could prove suicidal
    Sep 10 0
  • Google aoepqlsnsl
    Don't know if this helps but read the Forbes article of 40 under 40 in India. Look them up in LinkedIn and understand what they did to be where they are right now. Opens your eyes and let's to know how you can Excel in India too
    Sep 10 0
  • T-Mobile CtjL17
    It’s an open relationship. You can be replaced any time.
    Sep 10 0
  • Zynga cdev6676
    Have a fixed term plan while in the US:
    I will stay for n number of years.In those n years I will maximize comp + career growth (n should be ideally around 6 -10 years)
    Using the money saved and career experience Move back to India to accelerate your career growth.I can’t see any other way.Staying too long will ruin your life (definitely your kids life).
    Not switching companies will affect your career.So this is the best compromise.
    Sep 10 5
    • Amazon protonn
      Move back to India and accelerate growth how? It's tough to go back to the same company as work hours and culture sucks. The startup scene in India is not as good as US. Pls elaborate.
      Sep 10
    • Google aoepqlsnsl
      Not true, startup scene in India is good. Work culture might suck
      Sep 10
    • Neurocrine AtinlayBro
      OP
      How does culture suck? Fb apple and Amazon in the US don't have it any better. Can you explain?
      Sep 10
    • Google aoepqlsnsl
      Well I was referring to general Indian work culture vs US work culture. US is more open minded, you are treated with more respect. This is not the case with most companies in India. Not sure if Indian startups are any different. Agree with u on FB, 🍎, and 🍌 but I am talking at a higher level
      Sep 10
    • Zynga cdev6676
      Maybe move to Toronto/London?Berlin?(If work culture is an issue).Having 6-10 years work experience will put you at an advantage in those markets.Most American companies have offices in all these places (Toronto,London etc)
      Sep 10
  • TripAdvisor owlwise
    Move to Canada
    Sep 10 1
    • Zynga cdev6676
      Very few companies to work for :(
      Sep 10
  • New pkko62
    What instability you are talking about ? Lowest unemployed rate in history.
    Sep 10 1
    • Ellie Mae mr 🥜
      Agreed. But lot of h1 denials now a days
      Sep 10
  • Bloomberg DRQS
    Doesn't get any better off visa because there's less leverage against you.
    Sep 10 0

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