Starting A Business In The United States As An Immigrant Guide
In 2009, there were 20 regional centers offering the EB-5 visa, which allowed immigrants to invest in the United States and run a business. This figure has grown since that time and by 2011, there are over 100 centers nationwide, proof that investing in the U.S. has received the appreciation it deserves due to its many contributions that are mutually beneficial to the immigrant and the host country. If this sounds like the right choice for you, you might need the help of an immigration lawyer for a proper assessment of your qualifications.
Immigrating as a businessman/woman
You will find four major categories that individual investors may qualify for. These include:
EB-5 Immigrant Investor
A prospective immigrant can qualify under this category if she or he does one of the following:
a) invest $500,000 in an area with high unemployment
b) invest $1 million and employ 10 U.S. citizens within two years
c) invest in one of several Regional Centers
E2 Treaty Investor
If you’re a citizen of one of treaty countries and also have a at least 50% share or ownership in a business that is able to potentially create employment in the U.S., you could qualify under this category, provided that the business is worth at least $200,000.
There are specific limitations to the E2 visa that you need to understand, however. It’s valid for 2 to 5 years, depending on where you apply; it can be extended if necessary.
E1 Treaty Trader
If you are an executive or a manager in one of treaty countries and are also involved in a business that trades with the U.S., this really is a category you might want to consider. The minimum average for the trade needs to be at least $500,000 a year in order to be considered.
L-1A International Manager
If you do not own a business but are an executive or manager in a company associated with an American company that has a minimum of 50% American ownership, you could be eligible for a an L-1A immigration visa. You have to also have been employed for at least 3 continuous years prior to the application and are relocating to the US-based branch to work in an executive or managerial capacity.
Do you need an immigration lawyer?
The process of transition to starting a business in the U.S. as an immigrant is rather complex and also the application procedure, with all its details, can be very stressful and confusing. These are, however, necessary to make sure that youmeet the requirements. This is also to make sure that you’ll have the required tools and resources to make your stay in your new home comfortable and successful. Without the right planning, it’s easy to make mistakes in the documentation or completion of certain requirements – mistakes that will actually later end up being costly.
The key to the success of your visa application is in being able to provide and take care of the necessary documents to support evidence that you have legal and sufficient qualifications as a business owner and/or developer. An immigration attorney has the training, experience and skills to provide you with reliable advice with regards to your application. Immigration lawyers are also able to make the necessary corrections in the crucial initial stages to help you avoid errors that could result in a disapproval.
Reliable immigration attorneys can explain clearly and honestly what your options are given that they already know from experience what you can expect based on your qualifications. Lawyers who work for a reputable immigration law firm can assess your case, help you to prepare the necessary paperwork and inform you of any laws and regulations that will have an impact on your application. Making the transition may be complicated but you could simplify the process and increase your likelihood of success with the assistance of a great immigration lawyer who has your best interests in mind.
