The United States has reached the congressionally mandated cap for H-1B foreign work visas for the fiscal year 2024. The H-1B visa is utilized by US companies, particularly in the technology sector, to employ foreign workers with specialized skills in theoretical or technical fields. The US Citizenship and Immigration Services (USCIS) announced on Thursday that it has received a sufficient number of petitions to meet the regular cap of 65,000 H-1B visas and the master’s cap of 20,000 H-1B visas for the fiscal year 2024. The fiscal year in the US runs from October 1 to September 30. USCIS will send non-selection notices to registrants through their online accounts in the coming days. However, the agency will continue to accept and process petitions that are exempt from the cap, including those for current H-1B workers seeking extensions, changes in employment terms, employer changes, and concurrent positions.
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