Image Source: Agencies

A federal agency has announced that the United States has received the required number of petitions to reach a cap for the highly sought-after H-1B foreign work visas for fiscal year 2024.

The H-1B visa is a non-migrant visa that permits US organizations to utilize unfamiliar laborers in specialty occupations that require hypothetical or specialized skill. It is essential for technology companies to hire tens of thousands of workers annually from nations like China and India.

US Citizenship and Movement Administrations (USCIS) in a proclamation on Thursday said it had gotten an adequate number of petitions expected to come to the legislatively commanded 65,000 H-1B visa ordinary cap and the 20,000 H-1B visa US postgraduate education exclusion, known as the expert's cap, for financial year 2024.

The fiscal year of the United States government begins on October 1 and ends on September 30.

USCIS stated, "Over the next few days, we will send non-selection notices to registrants through their online accounts."

The USCIS stated that it would continue to process and accept petitions that are not otherwise subject to the cap.