/
/
/
U.S. L visa is suspended, market focus on Grenada E-2 visa
Check category

U.S. L visa is suspended, market focus on Grenada E-2 visa

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-12-04 10:10
  • Views:0

(Summary description)On June 22, US President Trump signed an announcement stating that the new crown epidemic has affected the livelihoods of Americans and the unemployment rate has risen. In order to protect unemployed Americans, the issuance of certain non-immigrant work visas, including H-1B (temporary work) Visa), H-2B (seasonal work visa), H-4 (work visa spouse), L-1 (business executive visa), and some J-1 (visiting scholar) visas.

U.S. L visa is suspended, market focus on Grenada E-2 visa

(Summary description)On June 22, US President Trump signed an announcement stating that the new crown epidemic has affected the livelihoods of Americans and the unemployment rate has risen. In order to protect unemployed Americans, the issuance of certain non-immigrant work visas, including H-1B (temporary work) Visa), H-2B (seasonal work visa), H-4 (work visa spouse), L-1 (business executive visa), and some J-1 (visiting scholar) visas.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-12-04 10:10
  • Views:0
Information
  On June 22, US President Trump signed an announcement stating that the new crown epidemic has affected the livelihoods of Americans and the unemployment rate has risen. In order to protect unemployed Americans, the issuance of certain non-immigrant work visas, including H-1B (temporary work) Visa), H-2B (seasonal work visa), H-4 (work visa spouse), L-1 (business executive visa), and some J-1 (visiting scholar) visas. The decree will take effect from 0:01 on June 24, Eastern Time, until December 31, 2020.
 
  Some lawyers said: For the investment immigration market, the suspension of the L visa will help the market focus on the E2 visa, especially when the work visa is heavily restricted. In recent years, since the EB5 scheduling problem appeared, many entrepreneurs and executives have favored landing in the United States through an L visa to obtain a green card. The promulgation of the executive order temporarily caused many applicants to lose a shortcut to the United States. E2 visa has almost become the most likely and best way to land in the United States quickly.
 
  "For citizens of countries signatories to the E2 treaty, this application process will continue to be simplified. For citizens of non-treaty countries, taking a second passport and obtaining an E2 visa may be much faster than waiting for the L1 visa to reopen. "
 
  E-2 visa refers to the "treaty investor visa", which is a long-term, renewable non-immigrant work visa. E2 holders can extend the extension indefinitely, and the spouse and children can work and study with them. The U.S. government will not tax the global income of E2 visa holders as it does for green card holders, and is known as a visa that is not a green card "better" than a green card. More importantly, E2 does not have the so-called "immigrant supervision", which is very attractive to Chinese investors holding foreign passports.
 
  Advantages of E2 visa
 
  The E2 visa application process is simple and does not require the applicant to have senior management experience; L1 requires the applicant to have more than one year of senior management experience
 
  E2 visas apply directly to the consulate; L1 apply to the immigration office first, and then go to the consulate to face the visa after approval;
 
  E2 visa is limited to five years at a time and can be renewed multiple times; L1 visa is 1-3 years and can be extended for up to 7 years
 
  E2 and L1A visa comparison
 

       

 E2 visa

L1A visa

Do you need a non-US foreign company to exist when applying for a visa

Not needed

need. L1A beneficiaries must have worked in a foreign company for at least 1 year

Is it required to invest in the United States before obtaining a visa?

need. But if you are buying a business, you can first put the money in the escrow account

No need. But the newly established organization must rent the venue first

Where to apply for a visa

Generally apply through the consulate, but if you are in the United States, you can apply to USCIS

Apply to USCIS, but you must first stamp your visa at the consulate when you enter the United States

Can spouse work

Can

Can

Can children work

No, but you can go to school

No, but you can go to school

How long is a visa period

Renewable for up to 5 years

1 year for new institutions, up to 3 years for others

Is there a time limit for visa extensio

No

Up to 7 years    

Is visa related to nationality

Must be a treaty country (no requirement for spouse and children)

No

Can the visa be converted into a green card

Can't. But you can apply for a green card through other channels

If you meet the conditions, you can apply for a green card after one year

 
  It is worth emphasizing that the spouse and children under the age of 21 of the main E-2 applicant can apply for an E-2 visa together as a subsidiary applicant and enjoy educational benefits even if they do not hold a passport of an E-2 member country.
 
  【Currently it is very difficult to go to and stay in the United States】
 
  The choice of living and working in the United States has been greatly reduced in the past two years in 2018 and 2019. The EB5 process is too long; EB1C has too high requirements for existing business management experience/producing employment requirements/investment amount, and it is more and more difficult for international students to draw H1B work visas after graduation, and the required basic salary line is too high, which makes it difficult for international students after graduation It is basically impossible to stay in the United States. Even a 10-year business/tourist visa is becoming more and more difficult to apply. There are fewer and fewer options for living and working in the United States.
 
  【solution】
 
  Among the few possible choices, the E2 visa, which does not require business experience, requires less investment, has a short application time, and can quickly live and work in the United States, has become the latest and best choice for holders of treaty country passports to live and work in the United States. As for those born in China who hold the passport of the contracting state, the number of E2 applications is not very high, and the difficulty of review and approval is not very large. It is expected that the number of E2 applications will increase rapidly in 2020, and the difficulty of approval will increase with the number of parcels.
 
  Grenada citizenship + E-2 visa
 
  Grenada, located in the Caribbean, is a Commonwealth country and has mutual visa exemption with China. After becoming a citizen of Grenada, you can apply for a U.S. E-2 visa to meet the requirements of long-term residence in the U.S. The applicant’s children can enjoy the same educational benefits as U.S. citizens and residents, and E-2 visa holders residing in the U.S. Need to pay taxes worldwide.
 
  Grenada has become the country of choice for E-2 visa processing in terms of tax policy, capital investment and processing time. This option allows investors to obtain an E-2 visa in approximately 6 months, valid for 5 years, and can be renewed indefinitely.
 
  U.S. E2 visa FAQ
 
  Grenada: the perfect springboard for immigration to the United States

Scan the QR code to read on your phone

Latest News

What are the unique advantages of immigration to Grenada?

  Grenada is a world-renowned offshore financial center without personal income tax, capital gains tax, inheritance tax, etc. With Grenada status, it can facilitate the overseas listing of domestic companies with high assets, which is conducive to the "globalization" of Chinese immigrants' lives and wealth.
2020-12-04

Is Grenada a Commonwealth country? What's so special?

  In recent years, the international immigration market has undergone great changes. The immigration policies of traditional immigration countries are becoming stricter and the immigration road has become extremely difficult. After European countries have successively launched immigration projects, especially investment immigration projects, they have won the market favor by virtue of their high immigration cost-effectiveness. Since it is a Grenada passport, it is very popular. The number of applications per year remains high. Does Grenada belong to the Commonwealth of Nations? What is special?
2020-12-04

Why is the Grenada passport a new shortcut to enter the United States?

  About E-2 visa   The E-2 visa is for citizens of countries that have bilateral treaties (commercial trade and navigation agreements) with the United States. These citizens come to the United States to conduct trade on a considerable scale, including trade in technology and services, and mainly operate between the United States and the treaty countries. For trade, or to develop and operate an investment enterprise in the United States, or to make a considerable investment in the United States, you can apply for an E2 visa. Simply put, the U.S. E-2 visa refers to the "treaty investor visa", which is a long-term, renewable non-immigrant work visa. The holder can bring his spouse and children under 21 years of age to enjoy free entry and exit in the United States. Residence, and certain free education rights. The E-2 visa is very suitable for investors who want to quickly start a business and live in the United States. The validity period of the E-2 visa is generally 5 years, but as long as the investor’s company can make normal profits, the visa can be extended indefinitely. At the same time, there is no quota for the issuance of E-2 visas, no scheduling is required, the processing speed is fast, and the visa results can be obtained in 3-6 months. Since China is not a treaty investor agreement country of the United States, Chinese passports cannot be used for E-2 visa applications.
2020-12-04

Why choose a Grenada passport to study at an international school?

  1. The Grenada passport is a "sunshine passport" recognized by the People's Republic of China
2020-12-04

Offices

 

USA:5976 W Las Positas Blvd Ste.120 Pleasanton, CA 94588

1-510 988 4191

Singapore:8 Temasek Boulevard #29-07, Suntec Tower Three, Singapore (038988)

65-85334187

China: 2-2, Block A, Cinda International, 67 Mid Huangshan Ave, Yubei District, Chongqing

86-023-67469482

Grenada:C/O Grant, Joseph & Co. Lucas Street, St George's, Grenada

 

Singapore Heng Sheng (Grenada) Development Pte, Ltd

地址版权

Time of issue:2019-05-10 00:00:00

© 2020 Chongqing Hengsheng Business Information Consulting Service Co., Ltd. All Rights Reserved.  渝ICP备19013452号-1  Powered by:www.300.cn

地址版权手机

Time of issue:2019-05-10 00:00:00

© Chongqing Hengsheng Business Information Consulting Service Co., Ltd.

渝ICP备19013452号-1  www.300.cn