If youāre a non-U.S. citizen with a great idea and the desire to start a business in the U.S., obtaining the right visa is essential. While the process may seem complicated, at Jurado & Associates, weāre here to help you understand the five main visas that could open doors to the business world in the United States.
Why You Need a Visa
If you plan to live in the U.S. to manage your business, youāll need a visa. This allows you to comply with immigration laws and conduct business activities legally.
Here are the Five Most Common Visas for Entrepreneurs:
1. E-2 Investor Visa
Designed for citizens of countries with a trade treaty with the U.S., the E-2 visa is ideal if you plan to make a significant investment in a business here.
Pros:
- Flexibility in the type of business.
- Spouses and children can accompany you and work.
- Unlimited renewals as long as your business is successful.
Cons:
- Available only to certain countries.
- No defined minimum investment amount.
- Does not lead directly to permanent residency.
2. EB-5 Immigrant Investor Visa
If your goal is to obtain permanent residency, the EB-5 might be the right option. This program attracts foreign investment and promotes job creation in the U.S.
Pros:
- Direct path to permanent residency.
- Flexibility in the type of business.
- No need to manage the business daily.
Cons:
- High minimum investment ($1,050,000 or $950,000 in targeted employment areas).
- Must generate at least ten full-time jobs.
- Limited availability and lengthy wait times.
3. L-1 Intracompany Transfer Visa
If you work for a multinational company and wish to transfer to its U.S. branch, the L-1 visa is worth considering.
Pros:
- Leverage your existing experience and knowledge.
- Possibility of permanent residency.
- Spouses and children can accompany you and work.
Cons:
- Requires employer sponsorship.
- Specific eligibility criteria.
- Limited duration, although it can be extended.
4. EB-1C Visa
For high-level executives or managers of multinational companies, the EB-1C offers a direct path to permanent residency.
Pros:
- Direct path to residency.
- No need to demonstrate a lack of qualified workers in the U.S.
- Family accompaniment allowed.
Cons:
- High eligibility standards.
- Requires a U.S. sponsor.
- Long processing times.
5. International Entrepreneur Rule (IER)
If youāre an entrepreneur with an innovative idea, the IER allows you to remain temporarily in the U.S. to develop your business.
Pros:
- Opportunity to establish businesses in the U.S.
- Focus on job creation.
- Possible extensions of stay.
Cons:
- Subject to regulatory changes.
- Specific eligibility criteria.
- Not a direct path to permanent residency.
Ready to Start Your Business in the U.S.?
Starting a business in the U.S. as a non-resident is an exciting journey, but the visa process can be complex.
At Jurado & Associates, weāre here to guide you every step of the way. From visa application to compliance with regulations, we can help you establish your business and ensure youāre ready to succeed.
Donāt let bureaucracy hold you back. Contact us at (305) 921-0976, email [email protected], or send us a message on WhatsApp at +1 (305) 921-0976 to schedule a consultation and start making your entrepreneurial dream a reality in the United States