L1 Visa Renewal Challenges
Posted on February 21, 2008 - Filed Under Legal and Law | Leave a Comment
The L1 visa is one of the most popular vehicles by which the owners of foreign businesses can obtain permanent status in the United States by expanding operations to the United States. The process is carried out in three steps:
First, the initial L1 visa is issued for a period of one year to set up operations of the new U.S. branch;
Second, the L1 visa must be renewed based (in part) on the first-year record of the U.S. branch;
Third, once renewed, for an additional 2 years, the L1 visa holder may apply for permanent residency with the support of the U.S. branch.
Read More..>>Mandatory Reporting Of Foreign Investment In The United States
Posted on January 27, 2008 - Filed Under Legal and Law | Leave a Comment
The relative strength of the British Pound against the US Dollar recently has led a large number of Brits to liquidate their assets in Britain and relocate to the balmy climes of such US states as Florida and California. Some have chosen to make the move as investors via the E2 Treaty Investor visa program. Others have made the move by establishing US subsidiaries of their UK companies and transferring themselves to the US as L-1A multinational executives.
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