L1-A Visa and EB-1C (Green Card)
Law office of Steve Qi & Associates
Current Situation and Difficulties for Investors in U.S
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Current Situation for Foreign Investors in U.S
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Difficulties for Foreign Investors in U.S
EB-5 long waiting list in Visa Bulletin
• 2016, China mainland schedule has only advanced for 3 moths �
• Submitted more than 14,000 I-526 applications FY 2016 only�
• The longer the processing time, the higher the risk of Green card and investment�
H1B low success rate of lottery• The number of petitioners has
increased with years, and the success rate has plunged to a new low�
• The Trump administration intends for reform, adding requirements to
petitions�
• The stress of employers is increasing�and the opportunity of employment is
shrinking �
B1/B2 critical examination on entry
clearance • New EVUS registration
requirements, personal information needs to be filed in detail before entering the U.S�• The examination on entry is
stringent, and the restrictions on travel and business visas are
increasing�
• Increased restriction of the purchase of foreign currencies. Restriction for overseas housing and securities investment�
• Personal foreign exchange quota is maintained at $50,0000. Individuals need to fill in a strict remittance application, and explain the purpose of remittance�
• China “Measures for the Administration of overseas Investment” has been completed and published on the website of Ministry of Commerce for public comment, which stipulates that Chinese companies investing more than $100 million in overseas investment must report to the Ministry of Commerce for approval.
Foreign exchange and overseas investment controls strengthened in China
Current Situation and Difficulties for Investors in U.S
L1-A Visa and EB-1C (Green Card)
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L1A+EB1C Senior Manager and Executive Director of Multinational Corporations Visa + Employment-Based Immigration
•L1-A Visa- Senior Manager and Executive Director of Multinational CorporationsL1-A visa, a non-immigration visa, is applicable to senior managers of multinational companies. L1-A allows multinational companies to send executives to the U.S for the operation of U.S subsidiaries or affiliates. The beneficiary of L1-A visa must have been employed as executive for at least one year in the last three years. •EB1C Employment-Based Immigration for Multinational manager or executiveEB-1C is the third occupational category of first-preference visa on employment-based immigration, which is the petition for those who is eligible as multinational managers or executives. Because its requirements are similar to the L1 visa, many Chinese executives will first apply for L1 visa, and then for Green card directly through the EB1C category.
L1A+EB1C Senior Manager and Executive Director of Multinational Corporations Visa + Employment-Based Immigration
• The whole family can land into U.S within six months. Children can immediately enjoy educational benefits as local residents. The spouse has the legal right to work, and obtain SSN.
• Diversified investment models, Partial investment, No minimum investment limit,Relaxed standard for legal source of funds.
• Flexible operating methods, No restrictions of operating industry and site, No requirements for hiring full time employees.
• The investors have full control over the funds, ensuring the safety thereof.
• The whole family can get permanent Green card.
L1A+EB1C Senior Manager and Executive Director of Multinational Corporations Visa + Employment-Based Immigration
• Select investment mode• Design personnel structure• Prepare compliance
document
Make plan
• Organizational structure Applicant qualification certificate
• Business plan
Submit L1 Visa application
Obtain permanent Green card
According to different investment modes and business conditions, investors could choose to submit EB1C application at any time.
Obtaining approval of L1 visa extension or submit application
for Green card
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Within 3 months
Within 1.5-2 years
Within 3-6 months
Within 2.5-3 years
Start doing business based on business plan
Acquire L1 Visa
Investment Models
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Traditional ModeNew U.S Subsidiary
Establishing U.S subsidiary that relies on Chinese parent
company, this method has been generally applicable to all
types of operators who need to complete enterprise
transformation and diversification, whether the goal is for
expanding the parent company’s business in U.S market or
getting into the new field. In this way, executives can be
quickly dispatched to work in U.S without being restricted
by the time limit of six-month business visas.
Advantages�Fast visa processing time, Flexible investment amount
Cooperation ModeM&A of U.S Companies
By acquiring local companies, investors can achieve the dual
effects of expanding their business and enhancing staff
structure. Whether it is to open the North American market
rapidly with the customer resources of U.S company at the
beginning of the operation, or deepen the development of
the company in the U.S through the acquisition and merger
of downstream companies after a period of operation, using
the cooperation mode can help Chinese entrepreneurs do
more with less
Advantages�Rapid development into the local Market; Apply for Green card in advance
Latest ModeJoin the Franchise Business
Most franchise projects have the brand awareness, and are able
to provide complete business training. In the meantime, the
professional management team will be responsible for helping
to accomplish a series of professional services, such as
application for joining licenses, site selection, decoration, and
employees recruitment, so that entrepreneurs have more time
and energy to focus on the long-term development of the
company in the U.S. There are a wide selection of franchises in
the US that are suitable for L1A/ EB1C petitions. Advantages: Professional team�Double securities for Green card and investment funds
Legal Service
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Lawyer Team
§ Principal Attorney§ Member, American Immigration Lawyers
Association § Admitted before California Supreme Court§ Admitted before Federal Court of Appeal, 9th
Circuit§ Named 2013 Los Angeles Magazine Top Attorneys § Selected 2013 Southern California Super Lawyers
Rising Stars § Selected 2013,2014,2016 Pasadena Magazine Top
Attorney § Over twenty years experience in immigration Law
����� Steve Qi, Esq.
Immigration + Business Comprehensive Legal Services
Comprehensive legal Service
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Visa and Green card Application
U.S Company Business Plan and Staff Structure Design
Mergers/Acquisitions of US Companies
Sino-Us Company shareholding Structure Design
Investment Remittance and Dispute Resolution
Corporate Counsel for Numerous Local and
International Companies
Corporate Due Diligence
Investment Agreement and Compliance Document
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ThankYou
Contact
388 E. Valley Blvd., Suite 200, Alhambra, CA 91801
Tel: 626-282-9878 Fax: 626-282-8968
Website: www.sqilaw.com
E-mail: [email protected]