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| Thursday, November 04, 2004 |
| live in the here and now. |
For all the other hopefuls...we all have to wait till late next year to find opportunities in the United States...I found this article after bumping into Miks, who was fresh from San Francisco. Being an MBA graduate also and belonging to one of the most in-demand fields - Finance - I thought it would have been a piece of cake for him to settle there. Apparently not. From what i also heard from other friends, even with a company willing to sponsor them, there simply aren't any more Visas available.
I refuse to do anything illegally since that provides a risk for not being able to enter the United States again so I'll wait till the right opportunity presents itself. No sense rushing something, right? You can't force fate.
FY 2005 H1B Cap - reached on day 1
WASHINGTON: A full year's quota of 65,000 H1B visas, which provides the passage for skilled professionals hoping to work in the United States, has been reached on the very first day the new allocations opened.The demand for foreign workers on H1B visas is at the highest levels - ever!!
The US Citizenship and Immigration Services (USCIS), which processes applications for the H1B program, is no longer accepting petitions for visas for initial employment for this fiscal year, which runs from October 1, 2004 to September 30, 2005. This means that foreign workers, will have to remain at home unless they or the company they work for have already applied and got the visa under the 65,000 cap. This is the first time the 65,000 cap, which has been reduced from a peak of 195,000 because of pressure from American workers, has been reached on the day the new H1B quota opened. Although officials said not all 65,000 visas have already been issued, it appears that going by a presumption of approval, the government has already received enough H1B applications to reach the H1B cap.
USCIS had reportedly received petitions amounting to 71 percent of the annual H1B cap by August 18 and the remainder was received in the weeks since then. Based on applications already received, the State Department will issue the H1B throughout the coming fiscal. This means that fresh applicants will have to wait for the year FY 2006 H1B quota.
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posted by maldita @ 2:20 AM
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