At A Glance Some Benefits of US L1 Business Visa Immigration

The US has penchant for investors and being a staunch follower of capitalistic traits, this country is always looking for facilitating more industrialization, growth and reducing the unemployment in the economy. In order to meet with this ambitious pursuit, the nation has carved out various visa options that aspirants can use to improve their prospects of moving to this country.

Given this—in case you have strong investment sentiments and you believe that your adeptness, out-of-the-box thinking and imprudence can help this country benefit--you can always look forward to the US L1 Business Visa immigration programme . This scheme is extremely captivating in streamlining the movement to the nation.

Let’s take a quick snapshot of this programme and help people understand what it is and how it can benefit you, if you are looking forward to moving to the US!

When you are going for the L1 Business Visa immigration, it is for a temporary period and the concerned person should be associated with the managerial, executive and decision-making body of the organization. The permit grants movement to such individuals who are working in the branch, subsidiary, affiliate, and joint venture of the US MNC operating in some other country.

The concerned person, who opts for this move, can live in the country for a total period of 7 years. But, initially it is approved only for a year and can be extended up to seven years by filing extensions for additional two years each, as per the specific needs and requirements of the employer.

The L1 Visa enables the US to hire adept skilled professionals who can come to this country, carve out a plan, set the tone for growth and expansion, and when the plan is properly grasped by local people of the organization, then these immigrants return to their original native land.

Needless to say, it helps the economy to fulfill the demand and at the same time, it also allows not tampering with the prospects of local or national employment, since the managerial, executive people come for only a stipulated period of time.

Apart from providing avenues to the host country, in terms of benefits and resorts, the L1 Visa also grants special leverage to the immigrants that are beyond the realm of imagination. Once you have the L1 Business Visa for immigration, you get innumerable benefits that would simply let you wonder.

• Have a quick look at the benefits that this visa can reap for you, if you are the applicant and you are using this visa for movement to US!
• The first and foremost benefit, you can live in the immigration hotspot and work for the parent company as long as the firm wants. There are instances where the immigrants have stayed for as long as seven years using this permit.
• If you plan to extend your stay beyond seven years in the United States, you can file a green card petition under EB-1C category.
• You are not required to meet with the annual quota as prescribed by the immigration authorities. 
• The most important thing is that you are not required to meet with any education criteria as long as your experience matches the requirement of the job or business. All you need is sponsorship and the skills that can help streamline the process.

Hence, moving under L1 Business Visa to US can help leverage a lot of benefits in your immigration pursuit to the lone Super Power of the world.

If you are moving to the US, why should you always vouch for L1 Visa for movement?

What’s The Minimum Investment When Applying for USA L1 Business Visa?

Have you ever imagined of living in the New York City, or spending your vacation in, say, Las Vegas? Well, if you have imagined that, then it can become a reality in future, but only one thing is required. Now, you may ask what, in that case, the requirement is that you must be working in a multinational company and that company should be an affiliate of US companies operating abroad.

The L1 Business Visa allows you to apply for USA and what’s the minimum investment for streamlining the L1visa, if you ask— there is no minimum investment requirement by authorities for L-1 visa category as it will absolutely be your choice of business and that business will decide the amount of investment. 
Now, since you look quite captivated and filled with enthusiasm, it becomes evident to help you understand what L1 Visa is and how you can reap its benefits.
If you talk about L1 visa, it is a tool that lets the employer in the US to sponsor any of the competent managerial personnel to be transferred from the office in overseas countries to the US. The employer is required to file form l-129 on behalf of his employee for streamlining the process.

Let’s take a brief look at the general qualification that one must have for streamlining the process!

1. In all probabilities, if you are looking forward to using the L1 business Visa to move to US, you must have to work in any subsidiary, affiliate, parent company or branch of the US Company. In case you are into any of these types of companies, you are fully eligible to move to the US provided you have the skills and the employer is ready to sponsor you.

2. The person who is given the visa should be doing business in the US once he moves. But, it is not imperative that they should be attached to international trade.

3. At the same time--in case you want to move to the US under the L1 category--you must be working with the group for a period of 1 year preceding three years of the L-1 petition processing.

4. Only executive and manager can be held eligible for this type of visa. Given this, in case you are into any managerial or executive position, you can voluntarily move to US.

By managerial capacity, it is meant that the person should have the capability to manage the workforce of any organization. And, at the same time, he should have the experience and acumen to voluntarily participate in the decision-making of the organization that decides the organization’s growth and expansion.

Coming back to the title, some people have a question that how long they can stay and what’s the minimum investment when applying for USA L1 business visa, since, the latter part has been answered in the beginning of the article; let’s concentrate on the former part. Generally, the qualified employees are allowed to stay for total seven years. However, the initial new office petition is approved for one year only following with extensions of additional two years making it total number of seven years in the overseas hotspot. To extend his stay after exhausting seven years on L-1, beneficiary must file Green Card petition before the expiration of L-1 visa, which will enable him to stay in the US permanently as a permanent resident.

In case you are not aware about the L1 Visa, and how it can help you move to US, take a look at the piece for holistic information!

How to settle a business in US through L1 Visa

For setting up in US as a business owner the  main requirement of a person is to have a valid visa. For it L1 is the supportive visa which is a temporary one. It is a valid and an appropriate visa for the most of the small scale business and MNC’s as it can directly get managers who has an experience to work easily in the order to fulfill the requirement of the business by contributing their skills to attain the goals and objectives. It is an intra company transfer visa meant for the business. It is of two types L1A (Intra company for the managers and executives) and L1B (Intra company transfer for the specialized knowledge people).

Here are a few details on How to settle a business in US through L1 Visa?   

• A proper planning and making research in respect to the business to make it successful.
• Estimate about the business formation that is, whether one is going to owe a sole proprietorship, a       company or a partnership firm, etc.
• Making the business registered with the name to make its legal identity taking the state government   name with it.
• Get a TIN no. (Tax Identification number) to have a business bank account.
• Look where the business in  US be located with a lease which is secured.
• Register to bear local and state taxes and get a business permit and license as well.
• Know more about the business requirement.

In order to get a valid L1 visa an applicant needs to be:

• A qualified person as an employee having the working experience in a branch office for a year in at   least three years.
• The main branch of the company must be located in the US.
• Get complete guidance from the immigration consultant and also get an experienced lawyer for the completion of the business legal formalities.

The L1 visa has a many advantages over the E1 visa. A L1 visa has got the time duration of 3 years and it can be extended to two more years. If any candidate completes all the requirements then they can have an L1 visa. A dedicated person who wants to start its own business overseas has got the benefit.
  
On completing the maximum allowable period, the L-1 holder must leave the United States for a minimum of one year and must work for foreign operation of the U.S. Company before becoming eligible to reapply for an L1 visa. If a candidate becomes a successful business person then they can also apply for the migration as a permanent residence.

The person who wants to migrate as a business holder must have the L1 visa for migration in the US. It is a business visa obtained for an inter company transfer, having the permanent residency status for 3 +2 year extension validity.

Planning for a business in the US? Get the complete knowledge for migration and visa as well as business needs by the Visa agents or the consultancy who have authorization for it.