The US Citizenship and Immigration Services (USCIS) received 1.9 lakh H-1B Visa applications for the financial year 2018-19. Generally, More than 60 percent of the H-1B visas will be bagged by Indians. TCS, Cognizant, Wipro and Infosys are the companies which are able to attain most H-1B Visas.
As of now, H-1B Visa petitions have to be filed upfront with all the necessary evidence. This documentation process is the toughest part for the Companies which move H-1B Visa applications. Employers used to hire experts or agencies to get the paper work right so as to obtain the required number of H-1B Visas.
From April next year, Companies seeking H-1B Visas should pre-register electronically for the annual H-1B Lottery. They need to submit all the necessary paper work only for those employees who obtain H-1B Visa in the lottery. This new process saves administrative cost for the companies sponsoring H-1B visas. The US Office of Management and Budget (OMB) has approved the new rule.
Analysts say, New Rule related to the H-1B Visa Lottery System might offer much more freedom for the US Citizenship and Immigration Services (USCIS) in deciding who can work in the US.