Turning your business talents into a green card sounds like the type of marketing pitch you’d find in an infomercial, but it’s actually something that’s entirely possible. If you’ve run a business before and want to pursue a green card in the US, you’re in luck.
Experience running a small or large business can prove an asset. In this article, I will show you how you can turn your business talents into another reason to get a green card
1. The EB-1 Multinational Executive
The EB-1 Multinational Executive category is a type of employment-based green card. It’s designed for foreign nationals who have worked abroad as executives, managers, or specialized professionals and are now moving to the U.S. to take similar positions with a U.S.-based employer.
Along with a few other requirements to qualify for this category, you must be able to prove that you have at least three years of experience working abroad as an executive or manager in your field. In addition, your current position must require “exceptional ability” that makes it difficult to hire an American worker for the job
2. The EB 5 Immigrant Investor Program
The EB 5 Immigrant Investor Program is a popular way for entrepreneurs to earn U.S. citizenship. If you have a business idea, there are numerous ways to start your own company and gain green card status through the program.
The EB-5 Immigrant Investor Program is an investment visa available to foreign nationals who want to live permanently in the United States. Investors must invest at least $1 million in an approved American business or $800,000 in a targeted employment area (TEA).
Getting a green card through the EB-5 program is possible and cheaper via the TEA route, which is one of the reasons why you should invest in rural projects if cost is a significant factor for you
3. E-1 and E-2 Treaties
The E-1 and E-2 visas are the most common business visas for entrepreneurs. And unlike many developing economies, they offer an easier path for entrepreneurs to come to the United States to start or expand a business.
The main requirements for this type of visa are that you have a significant ownership stake in your company and that you will be responsible for managing it on a day-to-day basis.
The E-1 Treaty Investor Visa allows foreign nationals from countries with which the U.S has an investment treaty (which includes most countries) to invest money in a U.S.-based company or start their own business in order to get residence status.
The E-2 Treaty Investor Visa is similar but requires either investment capital or substantial management experience within two years of applying for the visa (versus just one year under the E-1).
4. L-1 Intra-Company Transferee Visa
The L-1 Intra-Company Transferee Visa is for foreign nationals who have worked for a foreign company for at least one year and are now being transferred to an affiliated U.S. company. This visa is available to managers and executives.
Still, the applicant must have worked for the foreign company in one of these positions for at least one continuous year within the three years before applying.
The L-1 visa is particularly useful for skilled professionals a multinational corporation employs. The company must have offices outside and inside the United States, and its business activities must be substantial enough to be considered a “multinational” corporation.
5. O-1 Extraordinary Ability Nonimmigrant Visa
The O-1 nonimmigrant visa temporarily permits employers to bring foreign nationals with extraordinary ability into the United States as long as their skills will benefit American society or their achievements will enhance the image of their country abroad.
The U.S. Citizenship and Immigration Services (USCIS) will look at your entire background when deciding whether you qualify for an O-1 visa. You must demonstrate that you have extraordinary ability and are recognized internationally as outstanding in your field.
The O-1 visa is appropriate for individuals seeking to enter the United States temporarily as visitors for business and pleasure.
Conclusion
Whether or not you decide to pursue a green card, the above information provides a valuable lesson. And while it may seem difficult to find a gap, all five of our suggestions are connected.
While they are not quick fixes or magic bullets, they can help your citizenship petition succeed if you put them to work for you. After all, the extra effort will be worth it in the end: your business partner is just a green card away.
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