globaltaxnews.ey.comSign up for tax alert emailsPrintDownload

13 September 2022

US | October 2022 Visa Bulletin Reflects Substantial Retrogression in the Employment Based Second Preference Category for Indian-born Green Card Applicants

On 7 September 2022, the United States Department of State (DOS) released the October Visa Bulletin, which revealed that the employment-based second preference category (EB-2) final action date for applicants born in India will retrogress from 1 December 2014 to 1 April 2012. This change will be effective on 1 October, the commencement of the Federal Government’s new fiscal year (FY). The India EB-2 filing date cut-off will also experience substantial retrogression from 1 January 2015 to 1 May 2012.

DOS advised that heavy applicant demand for India EB-2 immigrant visa numbers, coupled with significantly lower availability of numbers in that category for FY 2023, required this corrective action “to keep use within the maximum allowed under the FY-2023 annual limits.”

A Tax Alert prepared by EY Law LLP, and attached below, provides additional details.

_________________________________

ATTACHMENT

Full text of Tax Alert

Document ID: 2022-5881

 
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 2024, Ernst & Young LLP.

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.

 

"EY" refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

 

Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct Opt out of all email from EY Global Limited.

 


Cookie Settings

This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. More information on the cookies we use can be found here. By clicking 'Yes, I accept' you agree and consent to our use of cookies. More information on what these cookies are and how we use them, including how you can manage them, is outlined in our Privacy Notice. Please note that your decision to decline the use of cookies is limited to this site only, and not in relation to other EY sites or ey.com. Please refer to the privacy notice/policy on these sites for more information.


Yes, I accept         Find out more