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The initial registration period for the FY 2025 H-1B cap will open on March 6, 2024, and run through March 22, 2024
The US issues up to 85,000 H-1B visas each year. Most of the nearly 600,000 H-1B visa holders are from India and China
The Congressional-mandated cap of 65,000 H-1B visas and another 20,000 in the advanced degree categories were reached within the first 5 days after USCIS started accepting H-1B applications in April
The brain-gain to India under H-1B outweighs any brain-drain, both countries' economies have gained