Wednesday, September 30, 2009

Importance of the End of the Immigration Fiscal Year

Today is the end of the fiscal year for immigration, which runs from October 1 to September 30. The start of a new fiscal year is a significant event. New visa numbers become available, including new H-1B numbers and likely some new immigrant visa numbers for certain preference categories. It also means that the various immigration agencies (USCIS, CBP, ICE, State Department, etc.) tally the many immigration statistics (e.g., number of entries, number of immigrant visas issued, etc.), which they have been keeping all year.

September 30 is often the date chosen by Congress to sunset certain provisions in the law. Today marks the end (i.e., the sunset date) for obtaining U.S. permanent residence as a non-minster religious worker and through investment in one of the EB-5 Regional Centers. Hopefully, Congress will extend both of these worthwhile programs.