H-1B may sound like an Airplane or some sort of deadly disease (CNN) but it is not. Actually, HB-1 is the most sought after work visa issued by the US government. According to the sources, US government has apparently received around 250,000 applications for H-1B Visas that started on 1st April and majority of them are either Indian companies or the companies having huge footprints in India. Let us see what is H-1B is all about and how you can opt for it.
There is no doubt that every Indian has a dream to become the US green card holder or get the work visa. But many do not succeed in this impossible mission. Looking at the numbers of the applications received by US Immigration Services only the luckiest may get through. According to the news published by PTI, the US Citizenship, and Immigration Services, yesterday said it has reached the Congressional mandated cap for H-1B visas in the general category and also the 20,000 for those who completed higher education from inside the US in STEM (science, technology, engineering and mathematics) subjects.
The USCIS (US Citizenship and Immigration Services) did not disclose the numbers of the applications received by them since April 1 when the process of accepting the requests started for this most coveted visa for the fiscal year 2017 which will begin on October 1, this year. They have said that successful applications will be decided by the computerized draw of lots.
According to the Bill Stock, incoming president of American Immigration Lawyers Association (AILA) and a founding partner of Klasko Immigration Law Partners told media that, they have received 250,000 petitions this year which is less compared to the previous year. “We had 230,000 H-1B visa petitions last year. I think, this year it is going to be higher. We think 250,000 H-1B petitions were filed this year.”
Stock’s estimations are based on his previous experience and the results of his interactions with lawyers and those groups who mostly files H-1B visas. “This is the fourth consecutive year that the Congressional mandated cap has been reached in the first five days of the filing and unless the economy changes again, we would continue to see it,” he said. The majority of these estimated 250,000 H-1B visa applications are either filed by the companies that have Indian owners like TCS or companies that have substantial operations or development centres in India like IBM, Stock told the media.
The recent increase in a certain category of H-1B visas, he said, “may have had a little impact” on Indian companies. “But I think their business so much depends on H-1B and being able to send people on projects, they (Indian companies) are going to pay fees on those petitions,” Stock said.
IF YOU STILL LIKE TO MORE ABOUT THE H-1B, PLEASE TAKE A LOOK AT THIS VIDEO (video source: CNN Money)