5 Ways to Obtain an Entrepreneurship Green Card

5 Ways to Obtain an Entrepreneurship Green Card

As the world becomes more globalized, it’s essential for entrepreneurs to be able to work and do business anywhere in the world. Obtaining an entrepreneurship green card is one way to achieve this, as it allows the holder to live and work in the United States as an entrepreneur. In this article, we’ll explore the five ways to obtain an entrepreneurship green card and what each one entails.

1. EB-5 Program

The EB-5 program is a popular way to obtain an entrepreneurship green card. It requires an investment of at least $1.8 million in a new or existing US business that will create or preserve at least 10 full-time jobs for US workers. Alternatively, if the investment is made in a target employment area, which is an area with high unemployment, the minimum investment requirement drops to $900,000.

2. E-2 Visa

The E-2 visa is another way to obtain an entrepreneurship green card. It’s available to nationals of certain countries with which the US has a treaty of commerce and navigation. The E-2 visa requires the investor to make a significant investment in a US business, and the investor must be coming to the US to develop and direct the business. The initial visa is typically granted for up to two years and can be extended indefinitely as long as the business remains viable.

3. L-1 Visa

The L-1 visa is available to executives and managers of multinational companies who are transferred to the US to work in a US-based subsidiary or affiliate of their foreign employer. It can also be used by the owner of the foreign entity to transfer to the US to establish a new subsidiary or affiliate. After working in the US for at least one year, the holder of an L-1 visa may be eligible to apply for a green card.

4. National Interest Waiver

The National Interest Waiver (NIW) is for entrepreneurs who can demonstrate that their business would serve the national interest of the United States. To qualify, the entrepreneur must have an advanced degree or exceptional ability in their field of expertise, and their business must have the potential to create jobs for US workers or contribute to the US economy in some other significant way.

5. O-1 Visa

The O-1 visa is available to individuals with extraordinary ability in the sciences, arts, education, business, or athletics. Entrepreneurs who have achieved significant recognition for their past accomplishments or have demonstrated exceptional ability in business may be eligible for the O-1 visa. Unlike other visas, the O-1 visa is not tied to a specific employer, so the holder has the flexibility to work for multiple employers in the US.

Conclusion

Obtaining an entrepreneurship green card can be a complex process, but it’s an investment in your future as an entrepreneur. Each of the five ways we’ve explored has its own advantages and limitations, so it’s essential to weigh the options carefully before selecting a path. By leveraging the opportunities provided by entrepreneurship green cards, you can position yourself for success as a global entrepreneur.