As employers began to register for the Fiscal Year 2024 H-1B cap on March 1, 2023, it is reported that the demand by US employers for high-skilled foreign workers on temporary work visas is expected to reach a new high for the third year in a row. At the same time eligible applicants register for the visa lottery, some current H-1B visa holders in the IT industry are faced with the prospect of having to leave the homes they have created in the US after losing their jobs.
Read moreThe Mercury News: “H-1B: U.S. employers say Canada’s immigration policies better, as tech booms north of border”
Canada’s more favorable immigration policies are attracting tech talent away from the US, according to a report by Envoy, which helps companies navigate the immigration and visa application process. In 2017 Toronto, North America’s fastest growing tech hub, added more tech jobs than the Bay Area, Seattle, and Washington, D.C. combined, and Ottawa, the nation’s capital, has more than 1,700 tech companies.
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