Managers, executives or individuals with "highly-specialized
knowledge" who have worked for a company outside of the U.S. for at
least one year in the preceding 3 years may be transferred to that
company's U.S. branch or affiliate. The maximum period for those with
"specialized knowledge" is 5 years and for executives and
managers is 7 years.
To qualify for L-1 status, the Overseas company for which
the L-1 employee works must have a specific relationship to the
prospective employer in the United States. The two companies must have
common control. i.e.:
Parent or subsidiary
Affiliate
50-50 joint venture
Branch
REQUIREMENTS - Visa Applicants must:
a) Have been employed by the overseas company for any one of the
past three years as executive or manager
b) Assume duties of executive or manager in the U.S. business
c) Make an investment in the U.S. business; no specific amount of
money required
BENEFITS
The Visa Applicant may work and collect a salary from U.S. business
May travel between U.S. & home country
May bring spouse and minor children to live in the U. S
Children may attend school
May apply for Lawful Permanent Residence (Green Card) when U.S.
business has been in existence for more than one year, shows a profit,
and has employees, providing the same conditions exist in overseas
business
If the business purchased in the U. S. has been in existence for
more than one year, the applicant and family members may apply
directly for Permanent Status