Overseas businesspeople who intend to launch their business abroad in the US have diverse US Entrepreneur visa options.
H-1B visa provisional status does provide an option to start a business in the US, though it is laden with issues as a US Entrepreneur visa choice. Multiple ownership firms will find it really easy to obtain approval for H-1B visa provisional status from the available options.
Cloudfare is one instance of this option. Canadian born Michelle Zatlyn was one of the founders of this startup who started the firm while staying in the US on the student visa F-1. It was during the 12 month OPT period as this offers authorization to work. The firm was launched with fellow classmates at Harvard Business School Lee Holloway and Matthew Prince.
Global Entrepreneur Residence programs are available through programs in St. Louis, Anchorage, Colorado, and Massachusetts. These programs authorize overseas born startup founders to avail university affiliated H-1B status. It is a good option as universities enjoy exemption from annual cap on H-1B visas, as quoted by the Forbes.
E-2 Investor Treaty Visa is a credible US Entrepreneur visa pathway if the applicant possesses adequate funds. The entrepreneur must also be from a nation that has signed investor treaty with the US. Excluded nations are Russia, India, and China as they do not have the treaty with the US. Availing a Green Card is also not without hassles through this visa pathway.
O-1 “unusual skill” provisional visa is a viable option if the overseas entrepreneur can satisfy the required criterion. It eases the pathway for the person to submit a self application for employment-based green cards with first preference. This will avoid the requirement for labor certification.
EB-5 is another category that can be considered as one of the options for US Entrepreneur visa. It offers 5th preference employment-based Permanent residence in the US. However, the entrepreneur must invest a minimum of 5000, 000 dollars in the US. It is also required to create jobs for minimum 10 US nationals within a period of 2 years.
L-1 visa holder spouses can receive authorization for employment to work in any part of the US. This includes the option to become an entrepreneur founder of a new firm in the US.
If you are looking to Study, Work, Visit, Invest or Migrate to the US, contact Y-Axis, the world’s most trusted Immigration & Visa Consultant.