This alert is a reminder of the rapidly approaching April 1, 2014 “deadline” for the filing of H-1B visa petitions for Fiscal Year 2015. Petitions for the new fiscal year, which starts on October 1, 2014, will be accepted by the government beginning April 1, 2014. U.S. Citizenship and Immigration Services (USCIS) will continue to accept new H-1B petitions after April 1, 2014, but only until the H-1B cap is reached. As soon as possible, we encourage you to identify any employees who may require H-1B sponsorship. This year we expect the cap to be reached quickly. As a result of overall economic conditions improving over the past year, we expect the H-1B cap to be reached as early as the first week of April. Once the H-1B cap has been reached, employers will be unable to file new cap-subject H-1B petitions until April 1, 2015.
Congress has placed a numerical “cap” on H-1B visas. For FY 2015, the limit is 65,000 cap-subject H-1B visas, with an additional 20,000 visas available for individuals who have earned a Master’s degree or higher from an accredited U.S. educational institution. There is no way to predict when this year’s H-1B quota will be exhausted, but we advise employers to make H-1B sponsorship decisions within the next few weeks. It is important to prepare H-1B petitions as early as possible and well before April 1st so that a complete petition can be submitted to USCIS on the first day that the quota opens.