This is due to the global recession resulting in severe economic crisis the world over. Otherwise, the availability of US H-1B visas is quite rare. USICS, a bureau of Department of Homeland Security (DHS) in United States, stated that nearly 53,800 H-1B cap-subject petitions have been filed till date. Meanwhile, sufficient H-1B petitions for candidates possessing higher qualifications have been already approved by USICS.
Last year, nearly 65,000 visa petitions were filed in a single day. The reason for the shortfall in the number of petitions this year is not just recession but also due to the stimulus package.
So, the general H-1B cap for new petitions from foreigners possessing higher degrees will be 65,000 and USICS will continue to accept applications for visas till this limit is reached. It may be mentioned that a few visa applications get revoked, withdrawn or revoked.
Every year, nearly 65,000 H-1B visas are offered by the United States to people from the world over wishing to live and work as professionals in America. In addition to 65,000 H-1B visas, there are nearly 20,000 H-1B visas for those possessing either a Master’s degree or any other equivalent higher degree.
The US H-1B visa is considered a great opportunity for professional employees in the field of fashion and other special occupations. Every year, a large number of Indian IT professionals get H-1B visa for working in US.
