The H-1B lottery is a program that enables U.S. employers to rent overseas staff in specialty occupations. The lottery is held yearly, and the variety of visas obtainable is capped at 65,000. In 2023, the lottery obtained a record-breaking 483,927 registrations. For fiscal yr 2025, the registration interval will open on March 1, 2024, and shut on March 17, 2024. The lottery outcomes will likely be introduced in late March, and profitable candidates could have till September 30, 2024, to file their petitions.
The H-1B lottery is a crucial program for each U.S. employers and overseas staff. For employers, the lottery supplies entry to a pool of extremely expert staff. For staff, the lottery gives a possibility to work in the USA and achieve useful expertise. The lottery additionally advantages the U.S. financial system as an entire by permitting companies to rent the employees they should compete within the world market.
