August 26, 2004
FY 2005 H-1B Cap Update
Last year many employers lost out on the ability to hire foreign professional
workers because of the reduction in the numerical cap for H-1B professionals
who can enter the United States.
The H-1B FY 2005 cap may be reached shortly. The U.S. Citizenship and
Immigration Services (USCIS) announced the figures for the H-1B filings
currently in the pipeline for FY 2005. As of August 4, 2004, the USCIS had
received 40,000 H-1B filings subject to the FY 2005 cap. The overall quota
for H-1B filing is 65,000 for FY 2005. However, 6,800 H-1Bs per year are
set aside for the Chile and Singapore Free Trade Agreement. The quota has
significantly decreased to 58,200. There are 16,000 left for FY 2005 and
it is feared that the FY 2005 H-1B cap will be reached earlier this year
is very real.
We are advising employers to file petitions as soon as possible for prospective
employees and for students working on F-1 OPT training. GT is working with
Congressional offices to find a solution to the impending problem and will
keep you updated.
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