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What is the H-1B quota and why there a quota?

April 26, 2017H-1B quota

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What is the H-1B quota and why there a quota?

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The number of new H-1Bs issued each year in the United States is subject to an annual congressionally-mandated quota. Each H-1B quota applies to a particular Financial Year which begins on October 1. Applications for the upcoming Financial Year are accepted beginning on the preceding April 1 (or the first working day after that date).