Snapdeal co-founder Kunal Bahl on H1-B visa price hike: 'It will no doubt be tough…'

Snapdeal co-founder Kunal Bahl believes that the new H-1B visa rules will lead to a return of talented individuals to India. In a post shared on the social media platform X (formerly Twitter), Bahl said the new rules would "no doubt be tough" for these individuals as they move base. Still, he is confident it will "work out for them given the tremendous opportunities in India." Bahl added that because of this change, the talent density in India is going to skyrocket.In his X post, Bahl wrote: “Because of the new H-1B rules, a tremendous number of talented individuals are going to be headed back to 🇮🇳. It will no doubt be tough in the beginning to move base, but will work out for them given the tremendous opportunities in India. The talent density in 🇮🇳 is going 🚀”

Kunal Bahl shares his own H1-B story

Soon after the first tweet, Bahl shared another post to share his own H1-B story from 2007. He wrote: “In 2007, sitting at my desk in Microsoft, I got an email that my H-1B visa was rejected. It was crushing and numbing at that moment, but life-changing eventually when I moved back to 🇮🇳. To those impacted today, be positive. There is something much bigger & better in store for you.”He also replied to a comment which was shared by another X user about his post. Commenting on Bahl’s post, the X user wrote: “In Trump 1.0, he used to tout the example of Kunal Bahl (not by name) as a graduate of his own alma mater, Wharton, who had to leave the US and founded a unicorn in India.”Replying to this, Bahl wrote: “True and ironic in light of today's H-1B developments.”Apart from this, he also talked about the newly introduced Trump Gold and Platinum cards. Sharing a screenshot of Trump’s Platinum card, Bahl wrote: “Platinum Card coming soon. It offers an interesting tax-friendly framework for countries to attract HNW individuals with a one-time payment. Hungry European countries did it, but it's interesting that the US is doing it.”The screenshot, which mentioned the new Trump Platinum card as coming soon, noted: “Sign up now and secure your place on the waiting list for the Trump Platinum Card. For a processing fee and, after DHS vetting, a $5 million contribution, you will have the ability to spend up to 270 days in the United States without being subject to U.S. taxes on non-U.S. income.”