United States | EB-1 visa reaches annual limit for FY 2024

The State Department announced that the annual limit of EB-1 visas has been reached for fiscal year 2024.

Key Points:

• All visas available in the Employment-Based First Preference (EB-1) category for FY 2024 have been issued.
• The Immigration and Nationality Act limits the number of EB-1 visas issued annually to 28.6% of the worldwide employment limit.
• Embassies and consulates may no longer issue EB-1 visas for the rest of FY 2024. The annual limit resets on Oct. 1, the start of FY 2025, and issuance of EB-1 visas may resume at that time.

Additional Information: EB-1 visas allow individuals with extraordinary ability that have received national or international recognition, outstanding professors and researchers, and multinational executives and managers to legally reside in the United States and contribute across many industries, greatly benefitting the U.S. economy.

This alert has been provided by the BAL U.S. Practice Group.

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