According to an article on computerworld.com: “The U.S. software industry is larger than the food processing industry in terms of revenue, according to an IT trade group that wants Congress to raise the annual cap on H-1B visas, give permanent residency to foreign nationals who graduate from U.S. colleges and back trade policies that give companies unfettered access to global markets.”
As an urgent matter, this country needs more H-1B visas to effectively compete in the global economy. However, companies and foreign nationals should not expect an increase in the number of cap-subject visas for FY-2009, currently 65,000. Employers should prepare for those they would like to hire as H-1B workers early so that cases are received by the USCIS no later than April 1, 2008. Alternatives to H-1B visas or the possibility that the organization or beneficiary may be cap-exempt should be discussed with a lawyer.
Our firm is now accepting cases for cap-subject H-1B cases to be filed on April 1, 2008. Please visit www.magedrost.com for additional information.