What is the EB-1 visa? Why will Indians’ income share shrink in FY2026?
The EB-1 visa (Employment-Based First Preference) is the top permanent residence (green card) category in the United States. It is intended for individuals of extraordinary ability, distinguished professors or researchers, and managers or executives of multinational corporations. EB-1 used to be the fastest path to green card because it had little or zero backlog because it didn’t hit the maximum – because they didn’t qualify for it.But in a visa announcement in August, the U.S. State Department warned that Indians may not be able to obtain EB-1 visas by fiscal year 206, which ends in September. “If India reaches the EB-1 category’s prorated limits before the end of the current fiscal year, India’s high demand and use of foreign nationals in the EB-1 visa category may necessitate the discontinuation of the category in the coming weeks.
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The Department will continue to monitor this situation and make any necessary adjustments accordingly. “
What is the current waiting period for EB-1 vsa for Indians?
Indians who received an EB-1 green card now submit an initial application on or before October 15, 2022 (priority date).expiration date: The official deadline (final action date) for Indian applicants in the EB-1 category is October 15, 2022.Submission/application date: Individuals approved for green cards today originally filed Form I-140 (Immigration Petition) or had a priority date established in late 2022 or earlier.Waiting time: This equates to an effective processing wait time of approximately 3.5 to 4 years for Indian citizens in the EB-1 category.
Why does the EB-1 category receive so many applications from India?
Many EB-2 and EB-3 applicants are switching to EB-1, where they qualify for green cards more quickly, increasing competition. The family-based quota also has little spillover effect on the EB-1 category.There are three types of EB-1 visas: one is for top scientists, founders, artists and athletes; the other is university professors and senior researchers; and the third is corporate vice presidents, directors and senior managers.