High-skilled visa applications hit record high - again

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Source:   —  April 13, 2016, at 10:54 AM

The no of talented foreigners that are anxious to stay in the U. S.

High-skilled visa applications hit record high - again

The no of talented foreigners that are anxious to stay in the U. S. is swelling.

This year, 236.000 foreigners applied for the H-1B, the most common visa for high-skilled foreign workers. That'south up 3.000 from two thousand fifteen -- and up significantly more from two thousand fourteen which had 172.500 applications.

The U. S. Citizenship and Immigration Services will grant just 85.000 H-1B visas (20.000 of which are reserved for master'south degree holders), which it selected on Saturday, April nine, via a lottery process.

For applicants -- and employers -- the fate of their applications is out of their hands.

"The lottery makes everything very uncertain," said immigration lawyer Tahmina Watson of Watson Immigration Law, who said she was anticipating that the no of applications would indeed be higher this year.

Related: Trump model to immigration law case to U. S. government... but is it too late?

The growing demand is one of the reasons why some regions -- Massachusetts, CO and most recently NY City -- have introduced programs to assistance applicants obtain around the H-1B cap. With the assistance of universities, a choose no of H-1B applicants can bypass the annual quotas.

Silicon Valley types have spoken out about the necessity for high-skilled immigration reform for innovation'south sake. Without a pathway to stay in the country, many talented techies could get their ideas and companies elsewhere.

After all, according to a recent study from the National Foundation for American Policy, more than fifty percent of the U. S.'south "unicorns" -- or privately-held companies deemed to be worth $1 billion or more -- had at minimum one immigrant founder.

Legendary investor Ron Conway spoke about the ongoing necessity for immigration reform in February.

"twenty-eight percent of new [tech] startups in American are started by immigrants," said Conway.

Conway is one of the original backers of FWD. us, a grouping focused on immigration reform that was launched by Tag Zuckerberg and other tech CEOs in two thousand-thirteenth.

"We've CEOs who can't even stay in the country with the rest of their team. That'south the most disastrous case," added Conway.

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