American H-1B Permits Up For Grabs from April 1, 2013
Come April 1, 2013 and the prized US H-1B Permits would be available for the aspirants. Hence, all American recruiters–who wish to hire manpower from abroad on an H-1B Permit—would do well to file a petition as soon as possible.
Every financial year, the US gives 65,000 H-1B permits to hire overseas-born manpower in graduate level specialty vocations in the country. An additional 20,000 H-1Bs are set aside for those overseas people, who possess a higher degree (like the Master’s) from an American university. The recruiter/firm ought to submit permit submissions at the concerned organization, i.e., the US Citizenship & Immigration Services (USCIS).
The requirement for these permits far surpasses the actual supply. Every year, the USCIS admits petitions from April 1 onwards–6 months well in advance of the start of the financial year which starts on October 1. During the year gone by, the financial year upper limit was touched on June 11, post just 2 months. Certain employers are exempted from the H-1B cap; for instance, the American universities & some non-profit groups.
This year, even while the national economy of the US continues to pull through, the allocation is likely to drain-out even faster. With a view to make the grade for an H-1B Permit, an overseas worker is usually expected to possess a Bachelor’s degree or any comparable qualification.
Prior to hiring an overseas employee, on an H-1B Permit, an American recruiter ought to accordingly apprise its employees that it would recruit an H-1B worker. In case a US employer fruitfully files a submission for an H-1B Visa, the employee will be in a position to begin work at the beginning of the financial year for which the permit is offered. Therefore, in case you submit a submission in April 2013, before making the grade, you will be in a position to begin work from October 2013.
In general, an H-1B Permit continues for a starting time-frame of 3 years even as the same may be suitably extended for a maximum of 6 years. The recruiter requires paying the normal wages for the job. For some time, American business has been urging for a restructuring of the H-1B system. During the year gone by, the multinational giant Microsoft proposed that the US businesses ought to purchase the H-1Bs for $10,000.
During the month of January, 2013 some political personalities gave sponsorship to a proposed law even as the same would see the H-1B upper limit hiked from 65,000 and brought to 115,000 per year at once. Further, all those having Masters’ Degrees would not be covered and kept out of the cap. The said bill would also boost the number of the H-1Bs to be offered per year, and bring the same to 300,000 when the economy booms.
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