H-1B registrations increased by 57% to reach 4.83 lakhs in 2023

USCIS has received H-1B visa cap registrations, and the number has gone up to 483,927. The cap is ending on September 30, 2023. The number of registration cap shows that there is an approximate increase of 57 percent in the fiscal filling season of 2022. USCIS has selected 127,600 registrations to meet the quota of H-1B visa. According to the law firm Berry Appleman & Leiden, USCIS selected many registrations in the lottery held last year. The number of registrations selected was 87,500. Two more lotteries were also conducted after the initial lotteries.

Annual quota of the H-1B cap The annual quota of the H-1B cap is 85,000 out of which 20,000 visas are allotted to the Master’s cap. The visa under the Master’s cap has been allotted to the immigrants who have advanced degrees from the universities of the US. For the fiscal 2023 filling season, more than 48,000 registrations were submitted out of which 31 percent was for the Master’s cap. Sponsoring employers will have the option of filing the visa till June 30. The next step will be to process the visa. It has been estimated that the selected candidates will be able to start working in the US from October 1.

The second lottery will be conducted if there is a shortage of number of visa applications received till June 30. The registration process of the H-1B visa was started in 2020. In this process, the employers have to provide basic information of the prospective workers through the online registration process. After that, a lottery is carried out, and H-1B visa applications have to be filed for selected beneficiaries. USCIS has received 308,613 H-1B cap registrations, and the number of selected registrations was 87,500. A second lottery was held in July 2021, in which 27,717 registrations were selected. In November 2021, a third lottery was conducted in which 16,752 registrations were selected.

Do you want to work in US? Talk to Y-Axis, the world’s no. 1 overseas career consultant. Also Read: Indians bagged 3.01 lakh H-1B visas, most by any country