While reviewing the USCIS Entrepreneurs in Residence Program visa guide webpage, I became concerned that some may get the wrong idea. The website indicates that the following visas are appropriate for Entrepreneurs:
- B1 Business Visa
- F1 OPT
- H1B Visa
- O1 Visa
- L1 Visa
- E2 Visa
For entrepreneurs, I agree that an E2 visa is generally an appropriate visa however the other visas really aren’t intended for investment and entrepreneurship. Practically speaking, they are actually risky visas for entrepreneurship and put entrepreneurs at risk not only for their having the visa petition denied, but losing their investment and businesses after they have been started.
As an immigration lawyer and owner of a law firm, I consider myself an entrepreneur and small businessman. So working with foreign entrepreneurs has been something very near and dear to my heart. Below is some of my thoughts regarding these options for investors and entrepreneurs.
1. B1 Business Visa – Its very common for an entrepreneur to come to the US an B1 for business meetings, look for office space, conduct due diligence, meeting with potential employees, investors, vendors, and clients.… Continue reading...
Posted in E Visa, H1B Specialty Worker Visa, Immigration Lawyer Blog, L Visa, Non-immigrant Visa, O Visa, Student Visa
Tagged business visa, E Visa, H1B visa, L Visa, Non-Immigrant Visa, O Visa
Foreign Chinese students contributed nearly $18 billion last year in tuition and living expenses to the U.S. economy, according to a November report from the Institute of International Education. This statistic shows that not only that China’s improved economy enabled more parents to afford their child’s education in the U.S. but also indicate a possible change to a friendlier attitude among U.S. embassies and consulates in reviewing F1 visas. Hopefully, with more Chinese students coming to study in the US, more jobs will be created and available to faciliate the talented ones to stay and benefit our country, in addition to the economic benefit of hosting foreign students in the US.
Chinese College Students Flocking to the U.S.… Continue reading...