The September Visa Bulletin reminds us that, as in the stock market, volatility is here to stay. The last bulletin of the fiscal year reports that both EB-2 India and EB-2 China retrogress to 01/01/2006, representing backward movement of 33 months and approximately 8 years respectively for these two countries.
The retrogression is a major letdown for visa applicants especially when the State Department has previously predicted that there would be positive movements in these two categories.
The reversal in trend was due to sharp demands in EB-2 Worldwide and EB-1, resulting in much less spill-over visas for China and India.
EB-2 "Other Countries" usage has increased from around 2,400 per month in March to about 6,700 in June. Similarly EB-1 visa usage increased significantly from 9,300 in the second quarter to 13,500 in the third quarter.
However, Mr. Charles Oppenheim of the State Department expects that the cutoff dates for EB-2 will advance in October as the new fiscal year begins. Specifically he predicts that EB-2 India will likely "advance to a date between February and April 2005. "
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