The Eb-5 Visa Is a Great Option to Run a Business in the Us - PowerPoint PPT Presentation

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The Eb-5 Visa Is a Great Option to Run a Business in the Us

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The EB-5 visa is a great option for investors and entrepreneurs. This visa option is similar to the E2 visa mentioned above, however, the EB-5 visa is an immigrant visa and so it leads to a green card (lawful permanent residence). – PowerPoint PPT presentation

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Title: The Eb-5 Visa Is a Great Option to Run a Business in the Us


1
You Must Have Work Authorization to Run Your
Business in the U.S.
  • In this guide, we will explain the various
    activities that require work authorization and we
    will also explain some visa options which allow
    someone to run their business in the U.S.

2
Work Authorization to Run Your Business
  • If you are planning on operating your own
    business in the U.S. there is some important
    information you should know about work
    authorization. 
  • Starting a business in the U.S. and running that
    business in the U.S. requires work
    authorization.  Running your business in the U.S.
    without the appropriate work authorization can
    lead to major immigration consequences. 

3
Starting a Business, Owning a Business, and
Operating a Business
  • To get started, there are three important
    concepts that Id like to first explain 
  •  
  • Setting-Up a Business
  • Setting up a business includes the following
    tasks
  • Forming a company, corporation, or Limited
    Liability
  • Company (LLC)
  • Setting up your business bank account
  • Buying or leasing office space, warehouses, and
  • other premises for the business.
  • Other tasks related to the creation of a new
    business.  
  •  
  • Owning a business
  • Ownership refers to your interest or stake in a
    business. 
  • You can become the owner of a business in the US
    by
  • Starting a new business
  • Buying an existing business
  • Purchasing shares of an existing business
  •  
  • Managing and Operating a Business

4
Work Authorization Requirement
  • You must have work authorization to manage and/or
    operate your business in the U.S.
  • You dont necessarily need work authorization to
    start a business in the U.S. or to own a U.S.
    business. In many cases you can do this from
    outside of the U.S. or you may potentially be
    able to enter the U.S. as a visitor to complete
    certain tasks.
  • However, you cannot manage and/or operate a
    business without proper work authorization. This
    is a mandatory requirement and ignoring this may
    lead to serious immigration consequences.

5
Options to Manage and Operate a Business in the
U.S.
  • If your goal is to open a busines in the U.S. and
    to operate that business, here are three options
    to consider.

6
E2 Visa
  • The E2 visa is a great option for investors and
    entrepreneurs looking to operate their busines in
    the U.S. The basic idea of an E2 visa is that it
    allows an investor or entrepreneur to invest in a
    U.S. business, and based on making that
    investment, they can live in the U.S. and operate
    their business.
  • Here are some general E2 visa requirements
  • Must make a substantial investment in the U.S.
    business (we typically recommend 100,000 but
    investments for less than that have gotten
    approved).
  • You must be a citizen of a country that has an E2
    treaty with the U.S. (here is a list of countries
    that qualify) 
  • Your investment funds be at risk (this means that
    the funds should be committed/spent)

7
E2 Visa Benefits
-The E2 visa is a great option for investors and
entrepreneurs because it allows them to actively
operate their business in the U.S. -The E2 visa
can be renewed as long as the E2 visa
requirements continue to be met. -The spouse of
an E2 visa holder can also apply for work
authorization -Children of an E2 visa holder
(under 21 years old) can attend school in the U.S.
8
L1 Visa
  • The L1 visa is also a great visa option for
    investors and entrepreneurs. The basic idea of
    the L1 visa is that it allows a foreign company
    to transfer a manager, executive, or specialized
    knowledge worker, to a related U.S. company. 
  • If the U.S. company is brand new, there is a
    special type of L1 visa called the L1 new
    office which allows the transferred employee to
    establish and build up the U.S. company if it is
    within its first year of operations in the U.S.
  • Here are some general L1 visa requirements
  • The L1 visa beneficiary must have worked for the
    foreign company for 1 year continuously,
    full-time, within the last 3-year period
  • L1 visa beneficiary must have worked in a
    managerial, executive, or specialized knowledge
    capacity for the foreign company
  • L1 visa beneficiary must be coming to the U.S. to
    work as a manager, executive, or specialized
    knowledge worker
  • Foreign company and US company must have a
    qualifying relationship (parent/subsidiary,
    branch office, affiliates)

9
EB-5 Visa
  • The EB-5 visa is a great option for investors and
    entrepreneurs. This visa option is similar to the
    E2 visa mentioned above, however, the EB-5 visa
    is an immigrant visa and so it leads to a green
    card (lawful permanent residence).
  •  
  • The basic idea of the EB-5 visa is that it
    requires that someone invest in a U.S. business
    and to create jobs for U.S. workers. In exchange
    for the investment and the job creation, which
    benefits the U.S. economy, the investor is
    eligible for a green card for themselves, their
    spouse, and their unmarried children under 21
    years old.

10
  • Through the EB-5 visa, the EB-5 investor can get
    a green card (lawful permanent residence) which
    would allow them to live in the U.S. and run
    their business.
  • Here are some of the general EB-5 visa
    requirements
  • -Must invest either 900,000 or 1,800,000 in a
    U.S. business (depending on whether the business
    is located in a Targeted Employment Area)
  • Your investment must lead to the creation of 10
    full-time jobs for U.S. workers
  • Your investment funds must have been obtained
    lawfully
  • Your investment funds must be at risk

11
You should now have a much better understanding
of the general concept of work authorization. In
addition, you should now have a better
understanding of the E2 visa, the L1 visa, and
the EB-5 visa.
12
Click Here to find out more!
https//www.ashoorilaw.com/blog/you-must-have-work
-authorization-to-run-your-business-in-the-us/
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