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H-1B Quota Reached for This Fiscal YearNov 23, 2011 The USCIS announced that it has received a sufficient number of H-1B petitions to reach the annual cap of 65,000 petitions for this fiscal year, which runs from 10/1/2011 to 09/30/2012. This means that no additional first time H-1B petitions will be accepted. The government will continue to accept applications if a foreign worker has been given this visa status before and would like to change employers or if the foreign worker will work for an organization that is considered cap-exempt. The H-1B visa category is used by companies to fire an individual for a specialty occupation, which is generally defined as requiring a bachelor's degree. The numerical cap is limited at 65,000 for regular applications (for employees with a bachelor's degree) plus 20,000 for those holding a master's degree from an American university. |
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