By law, up to 85,000 new H-1B visas may be issued every fiscal year. Of those, 20,000 are earmarked for applicants holding a masters or higher degree from a US university (the “Master’s Cap”), and 6,800 are reserved for applicants from Singapore and Chile (“H-1B1” visas). This leaves 58,200 available for the general pool.
For H-1B purposes, the fiscal year starts on October 1. By regulation, H-1B applications can be submitted no earlier than 6 months before the job’s start date. In prior years of low demand, employers could file H-1B petitions throughout the year as the number of available visas was slowly reduced. In years of high demand, however, all available visas [Read more…]