A General Introduction to US Investor Visa
If you are not certain about what you need to do to obtain a
US work or investor visa, don’t worry – this is entirely normal. There are
almost 60 different types of temporary US visas in addition to several routes to
permanent residence ‘the green card’. This guide will not make you an
expert, and is no substitute for professional advice, but it should make you
familiar with the territory.
This on-line guide limits itself to the most commonly used
visas for professional staff. If you have a query about another visa type,
please e-mail us.
If you have not researched this area before, you may be
thinking in terms of getting a ‘green card’ for your staff. Unfortunately,
‘green card’ applications usually take a long time so, even if this is the
ultimate goal, you will probably need to begin by applying for a temporary work
visa (once the candidate arrives in the US, you can begin working on the long
term project of arranging the ‘green card’).
If you or your employees are going to the USA for less than 6
months, a sensible first question is – can the work be done on a visitor’s
visa (or visa-waiver), or will I need to get a ‘proper’ work visa? Visit
visas in the US are called B1 or B2 visas, and we have a section dealing with
them in the index.
The other ‘easy way out’ is if you or your employees are
Canadian. The NAFTA treaty between the US and Canada mean that it is far easier
to get a work visa if the candidate is Canadian.
There are three main categories of US work visa for
non-Canadian professionals and business people. The H1B visa is probably the
most famous – or rather ‘infamous’ given the constant battles in congress
over the controversial issue of how large the H1B quota should be. If it were
not for the fact that these quotas tend to run out rather early in the fiscal
year, then the H1B visa would probably be the most useful type of US work visa
as any organisation with a Federal Employer Identification Number/IRS Tax Number
can use it for either new hires or intra-group transfers.
Probably the most useful type of business visa is the E visa.
The United States has Friendship, Commerce and Navigation Treaties, Bilateral
Investment Treaties or similar treaties with most (but certainly not all) the
nations of the world. These treaties allow nationals of the countries treating
with the USA to obtain US work visas based on their investments in the USA (E2)
and/or the volume of trade they undertake between their own country and the USA
(E1). The great advantage of an E visa is that it is valid for up to 5 years,
and can be renewed indefinitely providing the level of investment or trade
continues to qualify – some people remain in the USA on E-visas for decades.
Both the investor/trader themselves and their employees of the same nationality
can obtain E visas.
Given the H1B quota problem and the fact that only
treaty-country nationals qualify for E visas, you will probably want to
familiarise yourself with the other main type of visa used to bring alien
workers into the US. This is the L1 visa; these visas can be used to transfer
staff who have been employed for at least one year in the last three by your
parent, subsidiary or affiliated companies outside the US.
The index of this guide aims to be self-explanatory; once you
know what visa type you want, if you click on the ‘I want to apply’ link,
you will be taken to a page which shows
- A simple flow diagram outlining the process
- An on-line form which can be sent to workpermit.com
When an on-line form is received by workpermit.com, we will conduct a free
assessment. If we don’t think that the application will succeed, we will
advise you of this. If, as is hoped, the application is assessed as likely to
succeed, we will be in a position to proceed without delay once we have your
confirmed instructions.
The table below provides an ‘at a glance’ summary.
|
Visa |
Designation |
Uses |
Max. Stay |
| |
|
|
|
|
B1 |
Business Visitor |
For business people making sales, conducting negotiations, attending
meetings and seeking investments. |
6 months |
|
H1B |
Specialist Knowledge Worker |
For Graduates with at least 3 years experience (or US professional
qualification), and highly skilled non-graduates with at least 12 years
experience. |
6 Years |
|
L1A |
Intra Company Transferee |
For executives or managers who have worked for at least one year in the
past three for a foreign parent, subsidiary, affiliate, or branch office
of the US company that will employ them. |
7 Years |
|
L1B
|
Intra-Company
Transferee |
For specialized knowledge employees who have worked for at least one
year in the past three for a foreign parent, subsidiary, affiliate, or
branch office of the proposed US employer. |
5 Years |
|
E1 |
Treaty Trader |
For staff to direct and develop import / export trade between the US
and the treaty country. |
Indefinite (5 - year increments) |
|
E2 |
Treaty Investor |
For staff to direct and develop investments made in the US by a treaty
country national/company |
Indefinite (5 - year increments) |
|
Permanent residence |
First Preference Priority Worker |
For international managers and executives. Also for aliens with
extraordinary ability. |
Permanent |
|
Permanent residence |
Second Preference Priority Worker |
Professionals with advanced degrees or with exceptional ability in the
sciences, arts or business. |
Permanent |
|
Permanent
Residence |
Third Preference
Worker |
Professionals with basic degrees, and skilled workers. Also "other
workers" who have less than two years of relevant experience. |
Permanent |
|
'TN1' |
Canadian Professional |
For Canadian professionals and managers. |
Indefinite (1 year increments |
There are dozens of other visa categories that may be used by
those in particular circumstances. Unfortunately, we cannot cover them all in
this guide (or it would end up as large as the standard reference guide to US
Immigration; the standard reference book in this area of the law takes up more
than two feet of bookshelf space). However, if you call workpermit.com an
advisor will be able to cover any areas that have been omitted from this
publication.
|