The H1B visa is a non-immigrant visa, which allows US companies to employ foreign individuals for up to six years. Individuals cannot apply for an H1B visa to allow them to work in the US. The employer must petition for entry of the employee. H1B visas are subject to annual quotas. Based on previous years, the new H1B quota will not last long. The 2007 quota of visas for the year was exhausted within less than 2 months. More than half of the total number of H1B visas granted in 2007 were issued to Indians. Most of these visas went to IT professionals.H-1B visa - Wikipedia, the free encyclopedia
The H1B visa program is the primary method for bringing professional-level foreign employees into the USA. The H1B visa enables US employers to hire foreign professionals for a specified period of time - workers in speciality occupations can work in the US for up to a total of six years. This visa is considered desirable because, unlike many other non-immigrant visa categories, it is a "dual intent" visa. This means that means that visa holders can apply for a Green Card (Legal Permanent Residency).
To qualify for an H1B visa the job offered must be in speciality occupation (listed below) and documentation is required from the employer to confirm this. Confirmation is required that the employee has the appropriate credentials for the job. The employer needs to verify that the prevailing wage for the work being performed is being paid and that employment of a foreign worker is not harming conditions for US workers.
Qualifying occupations are in computer science, health care, university teaching, engineering, law, accounting, financial analysis, management consulting, architecture and scientific research positions.
The H-1B is a non-immigrant visa in the United States under the Immigration and Nationality Act, section 101(a)(15)(H). It allows U.S. employers to temporarily employ foreign workers in specialty occupations. If a foreign worker in H-1B status quits or is dismissed from the sponsoring employer, the worker must either apply for and be granted a change of status to another non-immigrant status, find another employer (subject to application for adjustment of status and/or change of visa), or leave the U.S.
The regulations define a "specialty occupation" as requiring theoretical and practical application of a body of highly specialized knowledge in a field of human endeavor including but not limited to biotechnology, chemistry, architecture, engineering, mathematics, physical sciences, social sciences, medicine and health, education, law, accounting, business specialties, theology, and the arts, and requiring the attainment of a bachelor’s degree or its equivalent as a minimum (with the exception of fashion models, who must be "of distinguished merit and ability"). Likewise, the foreign worker must possess at least a bachelor's degree or its equivalent and state licensure, if required to practice in that field. H-1B work-authorization is strictly limited to employment by the sponsoring employer.
In depth yearly analysis of 7 years (2008' to 2014') H1b
& employers database can be found in Free and Open Human Edited H1b Database