diff --git a/packages/babel-core/src/config/files/import-meta-resolve.ts b/packages/babel-core/src/config/files/import-meta-resolve.ts
index cadb311b26f1..07aeffefe419 100644
--- a/packages/babel-core/src/config/files/import-meta-resolve.ts
+++ b/packages/babel-core/src/config/files/import-meta-resolve.ts
@@ -11,14 +11,16 @@ try {
 
 // import.meta.resolve is only available in ESM, but this file is compiled to CJS.
 // We can extract ir using dynamic import.
-const resolveP =
-  import_ && import_("data:text/javascript,export default import.meta.resolve");
+const resolveP = import_
+  ? import_("data:text/javascript,export default import.meta.resolve").then(
+      // Since import.meta.resolve is unstable and only available when
+      // using the --experimental-import-meta-resolve flag, we almost
+      // always use the polyfill for now.
+      m => m.default || polyfill,
+      () => polyfill,
+    )
+  : Promise.resolve(polyfill);
 
-export default async function getImportMetaResolve(): Promise<
-  ImportMeta["resolve"]
-> {
-  // Since import.meta.resolve is unstable and only available when
-  // using the --experimental-import-meta-resolve flag, we almost
-  // always use the polyfill for now.
-  return (await resolveP).default || polyfill;
+export default function getImportMetaResolve(): Promise<ImportMeta["resolve"]> {
+  return resolveP;
 }