Good news for international students! The H1B draw ushered in a major benefit!
On January 30, the U.S. Citizenship and Immigration Services (USCIS) announced the strengthening of the integrity measures of the H1B program, officially determining that this year's H1B (FY2025) will be drawn for one person!
*: U.S. Citizenship and Immigration Services.
According to industry expectations, such a practice will make the winning rate of H1B skyrocket! This new policy makes up for the loopholes in the previous policy, and it is definitely great news for students who want to work in the United States!
The new lottery system will be implemented in the following areasIt came into force in March this year, each beneficiary who enters the electronic registration system will only participate in the lottery process once, ensuring:One sign per person!
It is possible for multiple employers to register for the same beneficiary, but submitting multiple registrations does not increase the chances of the beneficiary being selected; Once a beneficiary is selected, all employers who have filed an electronic H-1B registration for them will be notified of the selection. Only after the beneficiary is selected can the employer file an H-1B petition.
H-1B registration feeIt will be raised from $10 to $215。This year, the fee is still $10, and starting in 2025, the H-1B online registration fee will be significantly adjusted to $215 per person.
USCIS plans to distinguish filing fees for different I-129 petition categories: Ordinary for-profit business (25-50 people) H1B cost: $10 registration fee + $780 filing fee + $500** anti-fraud fee + $1,500 company training fee + $600 humanitarian contribution fee = $3,390. Total H1B cost for a small for-profit business (less than 25 employees): $2020.
Registration window: From March 6, 2024 at 12 p.m. to March 22, 2024 at 12 p.m. ET, be sure to keep an eye on the time and don't miss out!
Finally, the reforms mentioned in the previous proposal, such as extending the CAP-GAP time for F1B winners in the H1B lottery that year, expanding the scope of application of H1B without lottery, and revising the definition of "professional position", have not been mentioned or promoted.
The adjustment of H1B is good news for students studying in the United States, because it increases fairness!
Since the USCIS switched to electronic lottery, the abuse of the lottery system has become increasingly serious, and some applicants have even conducted 83 lottery for one person. As a result, the number of winning signatures of Chinese and other countries has been severely squeezed, and the winning rate of Chinese graduate students has dropped from as high as 50-60% to about 15%.
*:Internet. Graduates who want to study in the United States must go through:OPT Internship - H1B Work Visa Lottery - Employment-Based Immigration Green CardThese "three mountains". It's hard enough to find a company that is willing to sponsor H1B, and it's hard to wait for the lottery, what is the difference between winning the H1B lottery and winning the lotto?
With the number of applicants increasing year by year, fewer and fewer students can be lucky enough to "win" and stay smoothly. According to the data released by the Immigration Bureau, the winning rate of H1B in 2023 (FY2024) is only 146%, a record low!
Now that the new policy has been finalized, the students who will participate in the lottery in 2024 will finally catch up with this wave of favorable policies, according to the estimate of the United States Immigration ServiceOne person and one pumpcase,The winning rate may reach 30%+, compared to 14 in 20236% directly doubled!
Although H1B is well landed, even if you win the lottery, you still have to face the ultimate boss - the application for a green card!
This is a long and quite complex process, and it is difficult to persevere to the end without 3-5 years of patience, and during this period, there will be many restrictions on job choices, company discourse, promotion, etc.
Compared with this risky way to get a green card, EB-5 under the new policy can help all people who intend to immigrate to the United States to quickly get a quasi-green card status, which can be called the best, fastest and most stable way to move to the United States in 2024!
The EB-5 investment immigration in the United States has relaxed application conditions, without restrictions on education, language, business, work experience and other conditions, which is not only suitable for a large number of applicants, but also the preferred immigration channel for high-net-worth individuals!
No backlog is the biggest highlight of the new deal
The new EB-5 program is the only employment-based immigration program in the U.S. that does not have a backlog! Among all the current categories, only the three types of reserved visa programs of the New Deal have no backlog! As long as the applicant invests $800,000, the application can be accepted and overtaken directly!
The U.S. immigration backlog for February released by the United States***, and the EB-5 New Deal continues to remain unscheduled.
I-526E and I-485 double submissions
In addition to the lack of backlogging, there is also a highlight of the new deal, which is double submission!
If the EB-5 investor is in the U.S. at the time of filing the I-526E investment petition, he or she can file both the Form I-526E and Form I-485 petition for change of status.
In addition to filing both the I-526E and the I-485**, the applicant can also file the I-765** for EAD and the I-131** for travel authorization at the same time.
Submiti-485**Later, it is equivalent to having the right to legally reside in the United States.
Submiti-765**After that, it is equivalent to having the right to work legally in the United States.
Submiti-131**After that, they have the right to enter and exit freely, making it more convenient to travel to and from China and the United States.
In addition, under the new policy, EB5 repayment and EB5 immigration application are officially decoupled, and there is no need for a second investment in the future, and the minimum investment period only needs to meet the requirements of 2 years, which eliminates the risk of reinvestment, and investors do not have to continue to invest in order to maintain their status, which is a major benefit for investors!
Historically, bonus periods have always been short-lived. Therefore, now is the best time to apply for an EB-5 reserved visa, and as long as one person applies, the spouse and unmarried children under the age of 21 can immigrate together, so as to achieve family immigration!
If you want to quickly solve the problem of legal status in the United States, then don't miss this window!