
For Successor Physicians
International medical graduates are about 25% of practicing US physicians and 2% of last year's matched ophthalmology residents, which came to 11 people out of 524.
That gap is worth sitting with, because 1 in 4 American doctors trained abroad and in ophthalmology the number collapses to a rounding error. A peer reviewed analysis covering 5 recent match cycles put the IMG share of matched ophthalmology applicants at 3.6%, against 21% across other specialties, and researchers studying what happened after the single accreditation merger concluded it primarily harmed IMG and DO applicants while benefiting US MDs.
So if you're an IMG practicing ophthalmology in this country you're part of a very small group, and the specialty has so few international graduates in it that you're unusual in any room full of ophthalmologists.
It's worth being precise here, because you'll know if anyone gets it wrong. The 2% is a share of the matched class rather than a rejection rate, and very few international graduates reach the ophthalmology match at all, while the ones who do fare well, since ophthalmology matches non traditional applicants at a higher rate than other surgical specialties. The pipeline narrows long before anyone opens a file, which is harder to see than being turned down.
Then, in almost every case, you took an employed job, and the profession found that outcome so unremarkable that nobody thought to ask why.
The Ophthalmology Filter Follows You Out of Training
The screening that shaped your match doesn't stop at graduation, it follows you into the job market wearing a different suit.
Practices and recruiters sort candidates on one question before reading anything else, which is whether hiring this person means immigration paperwork. That question is legitimate for physicians who genuinely need sponsorship, and the trouble is that it gets applied to everyone with a foreign medical school on the CV.
The Federation of State Medical Boards runs a census of every licensed physician in the country, and its 2024 edition found US citizens among licensed IMGs rising from 11% in 2010 to 23% in 2024, reaching 68% among graduates of Caribbean schools. Counting permanent residents alongside citizens puts the fully work authorized share of practicing IMGs somewhere between 40% and 55%.
Roughly half the IMG physician pool needs no sponsorship, no waiver, and no immigration counsel, and can sign whatever a US graduate signs on the same timeline. A large share of them get quietly sorted into a visa pile they don't belong in, by people who never asked.
Where IMG Ophthalmologists Practice, and What It Proves
A national survey of international graduates found 64% practicing in a federally designated underserved area and 46% practicing rurally, and researchers at the University of North Carolina calculated that removing IMGs from primary care would push the number of rural counties with no physician at all from 161 to 212.
The standard interpretation is that visa obligations push doctors into places nobody else will go, and a 2025 study in the Journal of General Internal Medicine sharpened that considerably, finding noncitizen IMGs 5 to 9 times likelier than US graduates to work in a shortage area while citizen and permanent resident IMGs practiced in ordinary markets like everybody else.
There's a second reading, though, and it's the one that matters here. As a cohort, IMGs have already demonstrated at scale the single trait that ownership in a secondary market requires, which is a willingness to build a career where the need is rather than where the skyline is. American medicine tends to file that under sacrifice extracted from people with fewer options, when it reads more accurately as the temperament of an owner sitting in a population that keeps getting handed employment contracts.
Why Nobody Pitches Ophthalmology Ownership to IMGs
Here's what doesn't exist, as far as anyone can find. There's no recruiting channel, no conference booth, and no campaign anywhere in American ophthalmology that tells an international graduate plainly that practice ownership is available and here's how it works.
Ownership travels through networks, where senior partners groom the associates they trained beside, retiring owners sell to whoever their colleagues vouch for, and fellowship directors pass names to friends over dinner. Every link in that chain runs on familiarity, which is the one currency the system spent your career declining to extend to you, and nobody has to intend exclusion for exclusion to happen, because the network simply routes around people it didn't produce.
The result is a mismatch, where the physicians most likely to have fought for every credential, to carry the work ethic ownership rewards, and to judge a market on its merits instead of its brand, are the physicians least likely to ever hear an ownership offer. They get recruited for jobs, because jobs are what the network has lying around.
What Ophthalmology Practice Ownership Actually Requires
Strip the mystique off practice ownership and it asks for 3 things.
The first is clinical excellence, which you demonstrated on a path that loses most people long before the match. The second is comfort with markets other physicians dismiss without visiting them, and the underserved area data says your cohort has that at a scale no individual anecdote could match. The third is willingness to bet on yourself rather than on an employer's promises, which is a bet you already made on a much larger scale the day you crossed the world for a specialty that takes almost nobody from where you started.
What ownership doesn't require, at least not in every structure, is capital. The traditional route demanded either years of associate work before a buy in or a large cash outlay to build something from nothing, which priced out most young physicians regardless of where they trained. Newer structures separate the medicine from the money, so the physician owns the professional corporation outright while a management company carries billing, payers, staffing, technology, and compliance, with no buy in and no debt.
Those structures need one thing to function, which is a physician the practice can be built around. The retiring ophthalmologists selling these practices care about whether their patients will be looked after and whether their staff keeps their jobs, and most of them have spent 30 years watching who actually shows up, so a physician who has been treated as a second choice by institutions may find the individual surgeons handing over their life's work run an entirely different evaluation.
What Work Authorization an Ophthalmology Practice Owner Actually Needs
That's a fair question to raise before any of this matters, and the answer is more encouraging than most physicians assume.
Owning a professional corporation in New York requires that the shareholders be licensed in the profession, and it requires no citizenship, since New York doesn't require citizenship for a medical license either. A permanent resident owns a practice on the same terms as a physician born in Ohio, with no additional filing and no immigration counsel involved, so for the roughly half of practicing IMGs holding a green card or citizenship the question is settled before it gets asked.
An H-1B is more complicated and became possible only recently, when a 2025 rule change expanded who can sponsor an H-1B to include companies owned by the person being sponsored. The tradeoffs are real, since the practice has to show genuine separation of control, meaning oversight with actual authority to supervise and terminate the physician who owns it, and petitions involving an owner beneficiary run on 18 month cycles rather than the usual 3 years. It works, physicians do it, and it deserves an immigration attorney rather than a blog.
A J-1 waiver obligation is the one clear no, since 3 years are owed to a designated employer in a shortage area before ownership becomes possible.
None of that changes the argument, because the largest group of IMG ophthalmologists in this country can own a practice tomorrow with no immigration question at all. The assumption that IMGs come with paperwork is exactly the reflex that keeps them from being offered anything.
The Last Filter Between You and an Ophthalmology Practice
You already navigated a pipeline that quietly loses most people before anyone reads a file, and the license on your wall proves it, as does every patient who found their way to you.
The only filter left is the one you're running on yourself, the assumption learned across years of being screened that the bigger opportunities belong to somebody else. No committee, policy, or visa office enforces that one, and it comes down the moment you decide it does.
You're one of 11, and the people telling you what you qualify for walked an easier road to get where they are.
Educational material only. Figures are illustrative and individual results vary. Images are AI-generated illustrations and don't depict actual Verdira practices, physicians, or patients. See our Disclosures.

Written by
Verdira Team
Verdira is building a permanent home for ophthalmology practices. We write about succession, physician ownership, and the forces reshaping eye care in the United States.
In This Article
Share
Ready to secure your legacy?
We're here to ensure your hard work is valued and your business thrives as part of Verdira.
Disclosures
The content of this site is for general informational purposes only and is not intended to constitute an offer to sell or a solicitation to buy any security or other asset, or a promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets.
The content of this site is for general informational purposes only and is not intended to constitute an offer to sell or a solicitation to buy any security or other asset, or a promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets.
The content of this site is for general informational purposes only and is not intended to constitute an offer to sell or a solicitation to buy any security or other asset, or a promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets.
© 2026 Verdira Management NY, LLC