Do you know how much USCIS is earning from H1B petitions every year?

Posted on May 2, 2009. Filed under: H1B | Tags: , , , , , , , |

Do you know how much USCIS is earning from H1B petitions every year?

It is way more than $ 173,000,000 (173 Million Dollars) – It can be more than this number.

Let’s see how this numbers got to $173 Million dollars

How many H1B petitions are available every year?

H1B Regular Quota: 65,000

H1B Masters Quota: 20,000

Total petitions accepted every year: 85,000

How much should every petition pay?

Note:   Companies with less than 25 employees will have to pay $1570 (https://f1toh1.wordpress.com/2009/04/16/latest-h1b-fee-structure-by-uscis/ )

Companies with more than 25 employees will have to pay $2270 (https://f1toh1.wordpress.com/2009/04/16/latest-h1b-fee-structure-by-uscis/ )

We also know that nearly 70 %( I am sure, it will be more than 70%) of these petitions come from big and mid sized companies. That means they will definitely have more than 25 employees. So,

70% of 85,000 petitions are 59,000 petitions.

59,000 X $ 2270 = $ 133,930,000 (133 Million Dollars)

Remaining 30% of 85,000 petitions are 26,000.

26,000 X $ 1570 = $ 40,820,000 (40 Million Dollars)

So the grand total USCIS (United States Citizenship) is receiving from H1B petitions is $ 130 Million + 45 Million = $ 173 Million Dollars

Note: This money which they are earning is only for application acceptance. They will not return the money if the application is rejected.

You now know how much USCIS is earning from h1B petitions alone. Do you want to know how much tax money they are receiving just from these H1B applications every year?

You can wait for my next article or you can do you own math now  :D

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