United States: Business Immigration Monthly – January 2023

H-1B QUOTA REGISTRATION OPENS IN APPROXIMATELY 1 MONTH – IS YOUR COMPANY READY? The H-1B quota registration for FY2024 (October 1, 2023 to September 30, 2024) should open during the first week of March 2023. It is assumed that the U.S. Citizenship and Immigration Services (USCIS) will announce within the next two weeks the official dates of the registration period and any changes to the electronic registration process this year. Similar to previous years, the USCIS in FY2024 will be authorized to approve 65,000 initial regular H-1B quota petitions. The USCIS will also be authorized to approve an additional 20,000 initial H-1B quota petitions for individuals who have earned a U.S. advanced degree (a.k.a U.S. advanced degree exception). Last year, the USCIS announced that it received more than 483,927 H-1B quota registrations which was an approximately 60% increase over the previous year. Additionally, the USCIS indicated that approximately 31% of the registrations (150,000) were filed requesting the U.S. advanced degree exception. Because more than 85,000 H-1B quota registrations were submitted, the USCIS conducted random selection processes of the registration submitted. Employers with registrations selected were then allowed to submit H-1B quota petitions during a 90-day window on behalf of […]

You may also like...