Reasons to Consider the L-1 Visa for Your Business
Like many business owners in our globalized economy, there may come a time when your enterprise will need to expand to new markets, or tap into the global talent pool, to reach its full potential. Here are three key benefits of the L-1 Visa to business owners worldwide.
The L-1 Visa Helps Multinational Enterprises GrowA company with a presence in the U.S. - via a subsidiary, branch, affiliate, parent entity, or joint partner - may be able transfer certain personnel from their foreign offices. This is a crucial option for companies seeking to expand or improve their operations with the help of qualified personnel. Being able to bring over an existing manager, executive, or employee with specialized knowledge or skills can save time and money while allowing you to rely on trusted staff members. The U.S. company can also be a completely different enterprise - it does not need to offer the same products or services as the company abroad.
The L-1 Visa Helps Foreign Businesses ExpandIn addition to developing existing U.S. facilities, the L-1 Visa can be used by foreign companies to set up their first U.S. offices with the help of qualified staff. With the world's largest economy and most dynamic consumer market, foreign business owners have a lot to gain from expanding into America. If you have decided to open a new office in the United States, you may qualify for the L-1 Visa to gain a foothold in the U.S.
The L-1 Visa Allows You to Bring Your Whole TeamIf developing an existing office or launching a new one requires more than one manager, executive, or specialized employee, the L-1 Visa allows certain businesses to apply for blanket petitions so that you can bring a whole team. This can be a great option and less time consuming than completing individual applications for each team member, although you will still be required to explain why each candidate is needed for the enterprise and what their role will be.