No H-1B lottery if Vivek Ramaswamy becomes US president in 2024: ‘Will replace it with…’
Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. Ramaswamy himself has used the visa programme 29 times. From 2018 through 2023, US Citizenship and Immigration Services approved 29 applications for Ramaswamy’s former company, Roivant Sciences, to hire employees under H-1B visas.
Yet, the H-1B system is “bad for everyone involved," Ramaswamy was quoted as saying by Politico. “The lottery system needs to be replaced by actual meritocratic admission. It’s a form of indentured servitude that only accrues to the benefit of the company that sponsored an H-1B immigrant.
I’ll gut it," he said in a statement, adding that the US needs to eliminate chain-based migration. “The people who come as family members are not the meritocratic immigrants who make skills-based contributions to this country." Ramaswamy stepped down as chief executive officer of Roivant in February 2021, but remained the chair of the company’s board of directors until February this year when he announced his presidential campaign. As of March 31, the company and its subsidiaries had 904 full-time employees, including 825 in the U.S., according to its Securities and Exchange Commission filings.
When asked about the mismatch in the Republican presidential hopeful’s policy stance and his past business practices, press secretary Tricia McLaughlin said the role of a policymaker “is to do what’s right for a country overall: the system is broken and needs to be fixed." “Vivek believes that regulations overseeing the U.S. energy sector are badly broken, but he still uses water and electricity," she said in a statement. “This is the same." Ramaswamy, who is himself the child of immigrants, has
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