The H-1B lottery is a program that permits U.S. employers to rent international employees in specialty occupations. The lottery is held yearly, and the variety of visas obtainable 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 shall be introduced in late March, and profitable candidates can have till September 30, 2024, to file their petitions.
The H-1B lottery is a vital program for each U.S. employers and international employees. For employers, the lottery offers entry to a pool of extremely expert employees. For employees, the lottery provides a chance to work in the US and achieve precious expertise. The lottery additionally advantages the U.S. financial system as a complete by permitting companies to rent the employees they should compete within the international market.
