The Best Entrepreneur Visa USA Opportunities For Immigration
Do you have the dream of getting settled in a well-developed and modern country like the USA? Looking for an entrepreneur visa USA? You are thinking right but need guidance on the right pathway. Visas for entrepreneurs are beneficial for both entrepreneurs and the USA.
Whether big or small, such kinds of businesses have two things in common. One, they create jobs in the United States and help contribute to economic growth and development in the USA.
Are you ready to learn the five incredible entrepreneur visa opportunities to help you immigrate to the US? There are four most suitable ways for entrepreneurs to get a USA visa.
1. B-1 Visa
The first option for entrepreneurs is a B-1 business visitor visa. On a B-1 visa, you can enter the US for up to six months at a time.
This visa is an excellent opportunity for you to set up a new business or explore your idea more, negotiate contracts, discuss raising capital, find office space, engage in networking, attend a conference or accelerator program, et cetera.
By a B-1 visa, you cannot receive compensation from a US-based source for services rendered in the US. You are permitted to get an allowance for expenses incidental to your stay. For example, receiving money from an accelerator program to reimburse the expenses.
2. H-1B Visa
The second option for an entrepreneur visa USA is the H-1B temporary specialty occupation worker visa. The H-1B visa requires one to have at least a bachelor’s degree in a specialized field.
This entrepreneur visa in the USA is for specific employer purposes. That means you can only work for the sponsoring employer.
Typically an LLC, the LLC would sponsor you to work for it in a specialty occupation position. You must show an employer-employee relationship between the LLC and you.
This means that you, as an owner and employee, must show that the company can hire, fire, pay a supervisor or otherwise control your employment.
There are several options to prove a valid employer-employee relationship.
Firstly, you can maintain a separate and independent board of directors with the authority to control your employment.
Secondly, you may present evidence of preferred shareholders or preferred membership units, interest investors, etc., and establish their right to control your employment.
Finally, you can show that an LLC has a separate manager with authority and control over your employment under the operating agreement.
The other thing to consider if applying for an H-1B entrepreneur visa in the USA is that you must have at least a bachelor’s degree or a foreign equivalent in a specific field of study.
H-1B visas have a particular season in which they can be filed, and the availability window is only open for a brief period.
The H-1B visa can be granted for up to three years and renewed for an additional three years.
3. L-1 Visa
Now, the third option for entrepreneurs is the L-1 inter-company transfer visa.
The L-1 visa permits the US employer to transfer an executive manager or specialized knowledge employee from a foreign branch affiliate, subsidiary, or parent company to its office. In the US, the L-1 visa is divided into two categories.
- The L-1A, a visa, is for executives or managers.
- L-1B visa is for specialized knowledge workers.
As an entrepreneur, generally, the L-1A is the most appropriate category. You must have a business abroad that has been doing business for at least one year.
You must have worked for that business in an executive or managerial capacity continuously for at least one year out of the past three years.
The visa works best for entrepreneurs who already have an existing business abroad and want to run a wholly-owned subsidiary or affiliate new business in the United States.
Under an L-1A, you can come to the US to open a new office. This type of petition is called an L1A new office petition and is granted for one year before applying.
You must incorporate or organize the US business, secure office space, and have a detailed business plan.
Five years of financial projections show that the intended US office will support an executive or managerial position within one year of the petition’s approval.
To show that the US office will support an executive or manager within one year, you must show that you will hire employees, fulfill contract orders and generate sufficient revenue.
The maximum period under an L-1 is seven years. L-1 also has a pathway to a green card,
4. E-2 Treaty Investor Visa
The fourth option for entrepreneurs to immigrate to the USA is the E-2 Treaty Investor Visa, also known as the E-2 Visa. The E-2 visa permits you to start or purchase an existing business in the US and then work for that business.
To apply for any new visa, you must meet at least four criteria.
- You must belong to a country that has a treaty of commerce with the United States.
- Must invest a substantial amount of capital.
- Having at least 50 percent ownership in the business.
- Generating more than a marginal income.
This means that you must generate enough income to make a significant economic contribution within the US economy or provide a sufficient living for you and your family.
Also, your investment must be at risk, meaning that there is a possibility that you could partially or fully lose your investment. The source of funds for your investment is an important part of the E-2 visa application.
The three essential pieces of an E-2 visa application are:
- Source of funds
- The amount invested
- How the capital will be used
Working with a professional business plan writer is an excellent idea to ensure that these elements are well researched and presented in a comprehensive business plan to give your application the best chance for approval.
An E-2 Visa is approved for up to two years at a time and can be renewed indefinitely.
5. O-1 Visa
The fifth option for an entrepreneur visa is the O-1. The O1 visa permits you to immigrate to the US if you possess extraordinary sciences, arts education, business, or athletics.
If you have the ability to demonstrate a record of extraordinary achievement in the motion picture, you can go for an o1 visa.
Basically, an O1 Visa is for the people who can demonstrate highly skilled, trained, experienced or gifted individuals in your particular field. You must meet at least three out of the following criteria to qualify for an O-1 visa.
These are the five most essential visas if you are looking for an entrepreneur visa in the USA. If you have any of the requirements you have, you can apply and get immigration to the USA.
Frequently Asked Questions (FAQ)
How to Get Entrepreneur Visa in USA?
If you are looking for immigration and planning to get a green card you can get through the five visa plans, you can get an entrepreneur visa in the following ways:
- B-1 Visa
- H-1B Visa
- L-1 Visa
- E-2 Treaty Investor Visa
- O-1 Visa