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!