Question 1

Does Magnetar Capital sponsor green cards?

Accepted Answer

Yes. Magnetar Capital has filed 4 PERM labor certification applications with the Department of Labor, with 4 certified. The median processing time from filing to decision has been 470 days.

Question 2

What is the current PERM processing time?

Accepted Answer

The DOL processing time from PERM filing to decision typically ranges from 6 to 18 months. This does not include the prevailing wage determination (1–6 months) or the recruitment period (2–3 months) that happen before filing. For Magnetar Capital, the median processing time from filing to decision has been 470 days. See the processing time chart above for year-over-year trends.

Question 3

How long does it take to get a green card through Magnetar Capital?

Accepted Answer

The full employer-sponsored green card timeline depends on three stages: PERM labor certification (6–18 months), I-140 petition with USCIS (4–6 months, or 15 days with premium processing), and adjustment of status or consular processing. For applicants from countries with visa backlogs like India and China, the wait for a visa number after I-140 approval can add years. The total process from start to green card typically takes 1–5+ years.

Question 4

What triggers a PERM audit?

Accepted Answer

The DOL may audit a PERM application if certain risk factors are present: layoffs within 6 months of filing, the foreign worker having an ownership interest in the company, job requirements that exceed the norm for the occupation, foreign language requirements, or combination occupations. An audit requires additional documentation but does not mean the case will be denied.

Question 5

What is Magnetar Capital's PERM approval rate?

Accepted Answer

Magnetar Capital has a 100% PERM approval rate across 4 total applications (4 certified, 0 denied, 0 withdrawn). The national average PERM approval rate is approximately 85%. Note that withdrawn cases are not counted in the approval rate calculation.

Year	Filings	Certified	Denied	Withdrawn	Median Processing Days
2024	2	2	0	0	475
2023	2	2	0	0	433

Job Title	Salary	Location	Filed	Decision	Days	Status
Investment Analyst G-100-24212-232900	$173,555	New York, NY	Jul 30, 2024	Dec 9, 2025	497	Certified
Accountant, Management Company G-100-24180-160158	$103,771	Evanston, IL	Jun 28, 2024	Sep 24, 2025	453	Certified
Quantitative Analyst G-100-23331-523484	$143,728	Evanston, IL	Nov 27, 2023	Mar 28, 2025	487	Certified - Expired
Staff Accountant A-23132-41386	$96,000	Evanston, IL	May 31, 2023	Jun 12, 2024	378	Certified

Magnetar Capital — Green Card PERM Data

Magnetar Capital PERM & Green Card Filings

PERM Filing Risk Factors

PERM Filings by Quarter

PERM Processing Time by Year

All PERM Filings

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