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To: arun gera who wrote (79746)	9/17/2011 12:54:29 AM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 218882

Arun, you are missing the crucial point. The Tradable Citizenship idea is not simply like getting one of the standard ones but paying for it. It would be a personal property right. Something that is owned by the individual, not the state. The individual could sell it at a profit. The one you are describing is not something the individual can sell. If they leave they get nothing back from the standard citizenship. So the values you mention, while giving a hint, are a tiny fraction of what a Tradable Citizenship would be worth. The lower pay for H1 holders than locals is because the employers value them at a lower price than more experienced people who speak better english and are otherwise a better fit for the company. A company hires the best people they can for the money they have available. A company doesn't hire locals at a high price if they can get equally good H1 people for less. The reason they employ the locals instead of the H1s at the lower price is because the locals are better somehow. The price difference reflects the difference between the value of the H1s to the companies than the more experienced locals. It does not represent the value of a citizenship. If only a tiny fraction of the H1s were allowed in, there would still be about the same difference. The H1s couldn't insist on equal pay. If hordes of H1s were allowed in, the pay of the locals would fall because of the good old laws of supply and demand. But they would still be worth more than the H1s. If the H1s were more experienced and better all around than the available locals, then the new fob H1s would be paid MORE than the locals. If a gold mine of new H1s was found in Hyderabad or Bangalore, with talents double that of the locals, and millions of them, the price of locals would drop to nothing. The H1s would also be very cheap [so cheap that some would decide to go into window cleaning or something]. We can't derive the value of a Tradable Citizenship from the current H1 salary difference between imports and locals. Mqurice