Individuals who are planning to immigrate to Florida on an employment-based visa may be interested to learn that the U.S. has received approximately 233,000 H-1B applications for the 2016 fiscal year. These applicants will compete for the Congress-mandated maximum of 85,000 work visas offered annually.
According to estimates from Compete America, the current caps limit economic growth and result in a loss of about 500,000 jobs in the U.S. every year. The advocacy group, which represents a number of tech companies, such as Amazon and Microsoft, has lobbied for an increase in the cap. However, one source suggests that reform is unlikely in the current political climate, and a number of labor organizations suggest that a cap increase would limit wage growth in the sector.