L-1 Visa
The L1 Visa is a non-immigrant visa which allows foreign companies to transfer a manager, executive, or person with specialized knowledge to a US company. The US company must be a branch office, parent, subsidiary, or affiliate of the foreign company. (need rewrite)
from
$ 350 K
US Longterm Business Visa
Requirements for Visa L-1
- Ownership of at least 50% share of 2 enterprises: the first company in the United States by non-US residents and the second company outside the United States (not required in the country of residence, any location)
- Job creation: the law doesn’t say how many jobs to create, but we recommend the following:
- 4-5 direct jobs at the time of filing
- 5-6 direct jobs at the time of renewal
6-8 direct jobs at the time of applying for permanent residence (Green Card) / $1 million in gross sales
- Business activity requirements prior to filing the initial L-visa:
- Business Plan & Organization Chart
- Registered company and open business bank account
- Available funds to operate the business
- Fully functional office (cannot be home office)
- Hired employees
- Company receiving income from sales
- Executive or Mangerial Experience: Applicant must be executive or manager of a foreign (outside of USA) company for at least 1 full noninterrupted year of the last 3 years.
- Having an profitable affiliate company outside the US.
Processing time: 1-3 months
Family:
The L-1 Visa allows you to obtain a visa for your family, incl. spouse, unmarried children under age of 21 ⠀
Validity period: 1-3 years
Extensions:
up to 7 years
US Immigration by Investment Presentation
Download Detailed Guide for US Business Visa by Investment
17 + 16 pages detailed information and all steps for L-1 Visa process.
US Longterm Business Visa
Advantages of Visa L-1
Fast approval
- 15 days application review under the Premium Processing option is allowed
- No limit on quotas
No business limitation
- No restrictions in the field of activity
- Labor certification is NOT required
Convenient application
- You can apply for a visa while in the US or overseas
- “Dual Intent” permits you to have green card intentions and will not affect your L-visa status
Low investment
The law does not say the investment amount; however, we strongly recommend to invest at least $200 K
Sufficient profitability of the business allows you to extend the visa
The applicant's family can receive long-term visas
The family will be able to get an L-2 visa, the spouse will be able to work, and the children will be able to get an education in public or private schools.
Opportunity to obtain Green Card
Entire family may apply for a Green Card, as long as imigration requirements are met. Ask our immigation lawyer for advice.
Get a free consultation on the process of obtaining a L-1 Visa, we are always in touch.
US Longterm Business Visa
Disadvantages of L-1 Visa
The applicant must directly manage the company
Both companies in the US and abroad must be active and profitable
The total period of stay in USA under L-visa is limited to 7 years
The applicant becomes a US tax resident
(Worldwide taxation) and he is required to report all income worldwide on tax return. Ask a tax lawyer or CPA.
L-1 Business Visa Process
Visa Processing Procedure
26 + 11 pages detailed information and all process about Grenada Citizenship by Investment.
1
Selecting a business and collecting documents for a visa
1-3 months
Preparation and translation of documents for the immigration lawyer.
Selection and analysis of projects:
- US-franchise
- partner projects IMI Ventures
- search for a ready-made business for purchase
- evaluation and assistance in the project start-up proposed by the Client to select the optimal business for the tasks of the Client
- consultations with experts
2
Registration of a company, opening a bank account and starting the company’s operations
2-3 months
Registration of a company / support for a transaction for the purchase of a share in a company in accordance with an agreed corporate strategy. Preparation of a business plan for the project in accordance with the requirements of the USCIS immigration authorities. Preparation of a petition for the applicant and his family to obtain a visa.
3
Submitting a Petition for a Visa
15 days – 3 months
The immigration lawyer will submit a petition and all the necessary documents for obtaining a visa by the Client and his family.
4
Approval and interview
2 weeks
Once we receive approval, the lawyer will fill out forms and documents, prepare the Client for an interview at the embassy. Client will choose a convenient country for the interview. The lawyer will prepare documents /of changes in the Company activities for the period from the moment of obtaining approval to the moment of the interview.
Are you instersted in detailed information and all steps about L-1 visa processing? Feel free to download our Free Guide.
FAQ
Is L-1 visa easy to apply?
What if my business will be not profitable?
Can my family live full-time in the US?
Why $350K investment are required?