L-1 Visas Help International Companies Expand in United States.
L-1 visas give international businesses that qualify exclusive access to the United States.
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Here’s the takeaway of the pros and cons of the L-1 Visa for you to determine if it is right for your company to expand into the United States.
Allows international companies to start American Subsidiary
Has dual intent for applying for green card
Can last five years.
Able to bring family members.
Easier to network and market with prospects and clients in America.
Need to actually prove ability to pay
Need to prove management of other employees
More complicated application process
Increase in Requests for Evidence (RFE) from Trump Administration
Need to actually have a physical office for the subsidiary
Businesses can fail if not operated correctly.
I personally think L-1 visas allow successful international businesses, many of which already are selling their services in the US, and whose management often comes to visit with clients on a B-1 visa, the opportunity to really take root of their business in the United States. It will be easier to grow a business’ reach in the United States by actually having a physical office and one of their executives living and working in America.
But to do that, you’ll need to keep your skills super high. Which we will discuss next week.