What types of visas are available for foreign investors looking to start a business in the United States, and what are the requirements for each?
There are several types of visas that are available for foreign investors who are seeking to start a business in the United States. The requirements for each type of visa may vary depending on the specific circumstances of the individual investor.
1. E-2 Visa
The E-2 visa is available to foreign investors from certain countries who have made a substantial investment in a U.S. business. To qualify for this visa, the investor must own at least 50% of the business and must show that the investment is "substantial," that is, that it represents a significant amount of the investor's own capital. The investor must also show that the investment is not solely for the purpose of earning a living, but rather for the purpose of creating jobs and generating income.
2. L-1 Visa
The L-1 visa is available to foreign investors who already have a business in their home country and wish to expand it to the United States. To qualify for this visa, the investor must demonstrate that the U.S. business will be a subsidiary or affiliate of the foreign business, and that the investor has been employed by the foreign business for at least one year prior to applying for the visa.
3. EB-5 Visa
The EB-5 visa is available to foreign investors who invest at least $1 million (or $500,000 in certain circumstances) in a U.S. business that creates at least 10 new jobs. To qualify for this visa, the investor must demonstrate that the funds were obtained legally and that the investment will create the required number of jobs.
4. H-1B Visa
The H-1B visa is available to foreign investors who wish to work for a U.S. business that has a specialized need for their expertise. To qualify for this visa, the investor must have a bachelor's or higher degree and must be nominated for a job by a U.S. employer.
It is important to note that each type of visa has its own specific requirements and limitations. It is also possible that there may be exceptions to these requirements depending on the specific circumstances of the individual investor. Therefore, it is advisable to consult with a licensed attorney to determine which visa is the best fit for your situation and to ensure that all necessary requirements are met.