EB-5 is the Answer to Overcome the E2 & L1 Hassles!
Many individuals apply for the E2 and the L1 visas to work and reside in the United States.
These are one of the most common visa options selected by immigrants.
An E2 visa is basically an investor program for entrepreneurs to invest an amount which would be under his direct control.
This visa has to be renewed regularly; however there is no limit on the number of renewals.
The amount invested should be significant and should contribute to the economy of the United States.
On the other hand, the L1 is a non - immigrant visa for professionals to work in the United States on the L1 status.
It is meant for professionals working for an international organization where in the company has an office both in the United States as well as the applicant's home country.
It is usually granted for a period of three years.
Under this visa, the foreign professionals can migrate and work in their company's US office.
They should have worked overseas for a year before they can obtain the status of L1.
For the above two visas, the renewals have always been a problem.
Since both the visas are non - immigrant in nature, renewals are always a hassle which the applicant has to face.
The common of the problems faced by the applicants include the following:
Since both the visas permit temporary residence, the applicant has to again migrate and relocate with his family all over again.
For such families, the EB-5 visas is the best option since some it is considered as a short to Green Card or acquiring a permanent residence status.
The above hassles could easily be ignored and can acquire certain rights as the permanent residents of the United States.
These are one of the most common visa options selected by immigrants.
An E2 visa is basically an investor program for entrepreneurs to invest an amount which would be under his direct control.
This visa has to be renewed regularly; however there is no limit on the number of renewals.
The amount invested should be significant and should contribute to the economy of the United States.
On the other hand, the L1 is a non - immigrant visa for professionals to work in the United States on the L1 status.
It is meant for professionals working for an international organization where in the company has an office both in the United States as well as the applicant's home country.
It is usually granted for a period of three years.
Under this visa, the foreign professionals can migrate and work in their company's US office.
They should have worked overseas for a year before they can obtain the status of L1.
For the above two visas, the renewals have always been a problem.
Since both the visas are non - immigrant in nature, renewals are always a hassle which the applicant has to face.
The common of the problems faced by the applicants include the following:
- The business venture is not giving enough profits or has to employ additional staff to claim an extension.
- The entrepreneur is having health concerns which prohibit him to reside in the United States any longer.
- The owner wants to retire but is not permitted to live in the United States, post retirement.
- The dependent children are now twenty one years of age and thus, are not covered under the visa anymore.
So, they are facing deportation. - The businessman was not interested in setting a business and did so as there was no one to provide him with the right advice.
Since both the visas permit temporary residence, the applicant has to again migrate and relocate with his family all over again.
For such families, the EB-5 visas is the best option since some it is considered as a short to Green Card or acquiring a permanent residence status.
The above hassles could easily be ignored and can acquire certain rights as the permanent residents of the United States.
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