U.S. reaches H-1B cap for fiscal year 2024
The Hindu
USCIS announces sufficient petitions received to reach H-1B visa cap for FY 2024, allowing U.S. companies to employ foreign workers in speciality occupations.
The U.S. has received a sufficient number of petitions needed to reach a cap for the much-sought-after H-1B foreign work visas for the fiscal year 2024, a federal agency has announced.
The H-1B visa is a non-immigrant visa that allows U.S. companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
U.S. Citizenship and Immigration Services (USCIS) in a statement on Thursday said it has received a sufficient number of petitions needed to reach the congressionally mandated 65,000 H-1B visa regular cap and the 20,000 H-1B visa U.S. advanced degree exemption, known as the master’s cap, for fiscal year 2024.
The U.S. federal government's fiscal year runs from October 1 to September 30.
“We will send non-selection notices to registrants through their online accounts over the next few days,” USCIS said.
USCIS said it will continue to accept and process petitions that are otherwise exempt from the cap.
Also read: Vivek Ramaswamy wants to end H-1B visa programme, calls it ‘indentured servitude’
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