The H-1B lottery is a program that enables U.S. employers to rent international employees in specialty occupations. The lottery is held yearly, and the variety of visas out there is capped at 65,000. In 2023, the lottery acquired 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 international employees. For employers, the lottery gives entry to a pool of extremely expert employees. For employees, the lottery presents a possibility to work in america and acquire precious 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 international market.
