Immigration & Business
Non-Immigrant Visas for business persons or investors are
known as B-1; B-2; E-1; E-2; H-1B and L-1. Many business buyers
seek a business and are motivated by reasons other than ROI.
Some seek the dream of living in the land of opportunity. Their
motivation and needs will be honed in on seeking a business that
will qualify them for Visa status.
B-1, a temporary visa for business, permits a visit to negotiate
contracts, seek investments or real estate, or consult with business
partners or associates. B-2 permits a visit for pleasure only.
Treaty Trader or Treaty Investor Visas are commonly referred
to as E-1 or E-2. These visas are available only to Nationals
of those countries with whom the U.S. has a Treaty of Commerce
or Navigation. The E-1 Visa allows the individual to carry on
substantial trade principally between the U.S. and their foreign
country. The E-2 Visa allows one to direct and develop the operations
of a business in which he or she has an investment or is in the
process of investing a substantial amount of capital.
The H-1B Visa is a temporary worker visa for the international
business person who is a "prominent" member of their
profession and holds a minimum of a Bachelors Degree.
The L-1 (Intra Company Transferee) is a Visa which permits
the individual to apply later for lawful permanent residence,
i.e., the Green Card.
New "Immigration Entrepreneur" Visa for investors
with one to three million dollars in capital (with variations
to encourage investment in targeted areas) and who employ 10
or more U.S. person can now, for the first time in U.S. history,
apply directly for Permanent Resident Status (The Green Card).
This is the one that provides Permanent Resident Status for the
investor, spouse and children under 21.
E-2 Visa is the most common one for purchasing a business.
The individual or company has to provide a substantial investment,
generally in excess of $100,000 at risk. E Visa's are generally
issued for five years.
Contact an Attorney specializing in immigrations to see if
and what your country of origin qualifies for.