VADODARA, SEPTEMBER 04, 2004
TNN
The US Citizenship and Immigration Services (USCIS)
has advised that 40,000 H-1B petitions that would count toward the Fiscal
Year 2005 (FY2005) cap have been received as of August 4, 2004. Of those
petitions, 21,000 have been approved and the rest are 'in
the pipeline'.
The visa cap for FY2005 is 65,000. While, the American
Immigration Lawyers' Association (AILA) has reported that although the
FY2005 has not yet begun (October 1, 2004 - September 30, 2005), a major
portion of the quota has already been exhausted.
The USCIS had began accepting H-1B filings for FY 2005
since April 1 of this year. And now, the dipping quota of H-1B even
before the fiscal year begins may put many H-IB aspirants into inconvenience.
"As of now, 40,000 applications have been received
for this visa which will be processed from October 01, 2004. This leaves
25,000 visas out of which 6,800 visas are committed by the US to Singapore
and Chile by certain trade agreement. As a result, for the rest of the
world, only 18,200 visas remain for the rest of FY 2005," says
Dr Arun Vakil, a Mumbai-based immigration consultant.
The decision to revert the 195,000-person H-1B yearly
quota to 65,000 on October 1 of the coming fiscal year, had itself given
a clear indication that there is little possibility of increasing the
H-1B cap this summer, say immigration experts.
This quota restriction may affect prospective Indian
IT professionals seeking H1-B visas who may have to wait for a year
or more to avail of the quota. Almost half of H-1B visa holders are
Indians. Many of them have been employed by Indian IT companies such
as TCS, Infosys, Wipro operating in the US.
These Indian companies now employ local Americans for
their IT needs.
Many of these companies resort to L-1 visas, which are
unlimited. Moreover, L-1 visas, meant for intra-company transfers, can
be cleared within 2-3 weeks.With a validity period of 3 years, it also
permits one's spouse to work in the US after 6 months. Last year, 54,817
L-1 professionals started work in the US, compared to 100,969 H-1Bs.
Like the H-1Bs, Indian professionals are the largest L-1 species too,
receiving a quarter of the visas issued in 2002.
However, students waiting for changes of status to H
1B, which may not occur before October 1, 2004 due to the cap being
met early this year, can stay back in the US. "Foreign students
qualify for the extended grace period only if their prospective employer
has filed an H-1B petition in time on the student's behalf before July
30, 2004. The petition must include a requested start up date of October
1, 2004. A student is not entitled to work till then," clarifies
Vakil.