US to Fully Issue EB-2 Visas for FY 2024 with New Limits

The U.S. has reached its EB-2 visa cap for the fiscal year 2024, meaning that all available EB-2 visas have been issued. The EB-2 visa category is designed for individuals with advanced degrees or exceptional abilities in their fields. This visa is highly sought after due to its benefits, including the potential for permanent residency in the U.S. It is a significant development for professionals seeking to move to the U.S. for employment purposes.

The EB-2 visa program is divided into two subcategories: the EB-2A for those with advanced degrees and the EB-2B for those with exceptional skills. The cap being hit indicates that the demand for these visas is exceptionally high, reflecting the strong interest from skilled professionals globally. This high demand can lead to increased competition for available slots, making the application process more challenging for future applicants.

The U.S. immigration system allocates a set number of visas each fiscal year, and once the cap is reached, no more visas are issued until the next fiscal year begins. This limitation can create a backlog for applicants who must wait until the next year for their visa applications to be considered. The current cap being reached highlights the importance for prospective applicants to plan their applications carefully and consider other visa options if needed.

This development also underscores the broader trends in U.S. immigration policy and labor market demands. With the EB-2 visa cap being hit early in the fiscal year, it signals a competitive environment for high-skilled immigration. Applicants and employers should stay informed about visa availability and be prepared for potential delays or alternative pathways to achieve their immigration goals.