What kind of visa options are available for foreign entrepreneurs looking to start a business in the United States?
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As a lawyer, I can advise that foreign entrepreneurs looking to start a business in the United States have several visa options available to them.
E-2 Treaty Investor visa
One of the primary visa options available is the E-2 Treaty Investor visa. This type of visa is available to non-immigrant investors from countries that have an existing treaty of trade and commerce with the United States. To qualify for an E-2 visa, the foreign entrepreneur must invest a substantial amount of capital in a U.S. business, and must also own at least 50% of the company. The investment must be made in a legitimate commercial enterprise, and the investment must generate enough income to support the investor and their family.
L-1 Intracompany Transferee visa
Another option is the L-1 Intracompany Transferee visa. This visa is available for foreign entrepreneurs who own a business in their home country and wish to expand into the United States. To qualify for the L-1 visa, the foreign entrepreneur must have worked for the foreign company for at least one year in the past three years in a managerial or executive capacity. The U.S. business must also be related to the parent company in some way, such as through ownership or operational control.
H-1B visa
The H-1B visa may also be an option for foreign entrepreneurs who wish to start a business in the U.S. This visa is available for foreign workers in specialty occupations, and may be used by foreign entrepreneurs who qualify under the visa's requirements.
It is important to note that these visa options have specific requirements and limitations, and it is recommended that foreign entrepreneurs consult with an experienced immigration lawyer to determine which visa option is best suited for their particular situation.
Additionally, foreign entrepreneurs should be aware that starting a business in the U.S. may also require compliance with state and federal regulations, such as obtaining business licenses and registering with tax authorities. It is recommended that foreign entrepreneurs consult with a business lawyer to ensure that they are in compliance with all relevant laws and regulations.
