H1B Cap not reached yet – I lost my bet!!!

I made a bet with a few fellow Immigration experts about the timing of the cap being reached. I now admit that I lost. I predicted the cap to be met by the 7th with 85,000 regular H1B’s filed.

Today we got the H1B news, and in line with the current economy.

USCIS has received approximately 42,000 H-1B petitions counting toward the Congressionally-mandated 65,000 cap. The agency continues to accept petitions subject to the general cap. Additionally, the agency has received approximately 20,000 petitions for aliens with advanced degrees;however, they continue to accept advanced degree petitions since experience has shown that not all petitions received are approvable. Congress mandated that the first 20,000 of these types of petitions are exempt from any fiscal year cap on available H-1B visas.

For cases filed for premium processing during the initial five-day filing window, the 15-day premium processing period began April 7. For cases filed for premium processing after the filing window, the premium processing period begins on the date USCIS takes physical possession of the petition.

More surprises to come….