Top 10 reasons to consider an L1 visa to work in the USA over the EB5 visa

1. Lower investment requirement

The EB-5 visa requires a minimum investment of $1.8 million (or $900,000 in targeted employment areas). The L-1 visa, on the other hand, has no specified minimum investment requirement as such.

2. Faster processing time

The EB-5 visa processing time can take several years. The L-1 visa processing time is much faster, typically taking just a few months, with an option for fast track processing also at an additional cost.

3. No job offers required

The EB-5 visa requires you to provide jobs to US citizens. The L-1 visa does not require the same, as under L1 visa you are being transferred from your current employer to a US branch, parent, subsidiary, or affiliate company.

4. Dual intent

The L-1 visa is a dual intent visa, which means that you can apply for a green card while you are still on an L-1 visa. The EB-5 visa is not a dual intent visa, so you must wait until you have received your green card to apply for citizenship.

5. Spouses and children can work

Spouses of L-1 visa holders are eligible to apply for a work permit. Children of L-1 visa holders are eligible to attend US public schools. Spouses and children of EB-5 visa holders are not eligible for these benefits until they have received their green cards.

6. Easier to extend

L-1 visas can be extended multiple times, up to a maximum of seven years.

7. More flexible

L-1 visas can be used to transfer to different positions within the same company, or to transfer to a different company altogether. EB-5 visas are more restrictive, and can only be used to invest in a US business and create jobs.

8. More options for green card sponsorship

L-1 visa holders are eligible to be sponsored for a green card by their employer, their spouse, or their child. EB-5 visa holders are only eligible to be sponsored for a green card by their spouse or their child.

9. Less risk

The EB-5 visa is a risky investment, and there is no guarantee that you will receive your green card. The L-1 visa is a much less risky option, as you are being transferred to a US company with a proven track record.

10. More opportunities

The L-1 visa gives you the opportunity to work for a US company in any industry, in any city or state. The EB-5 visa is more restrictive, and you are limited to investing in a US business in a targeted employment area.

Overall, the L-1 visa is a more flexible and less risky option than the EB-5 visa for foreign nationals who want to live and work in the United States. If you are eligible for an L-1 visa, it is definitely worth considering over the EB-5 visa.

Please note that this article is for informational purposes only and is not a substitute for legal advice. If you have any questions about your eligibility for an L-1 visa, please contact us at Ever Aspire Consulting by visting our L1 visa page: https://everaspire.in/investor-visa-citizenship-by-investment/usa-l1-visa/

https://everaspire.in/contact-us/

Ketan Trivedi

CEO
 Ever Aspire Consulting

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