The L1 visa is a temporary visa that enables workers of a company outside the U.S. to transfer to their U.S. office for a certain period. H1B petitioners are also exempt from the ACWIA fee when filing a 2nd or subsequent extension of stay petition for a foreign worker. The Blanket L provision provides the qualified employer with the flexibility to transfer eligible employees to the United States quickly and with short notice without having to file an individual petition with USCIS.
The H1B gives the visa holder greater room for pursuing employment in a wider skill range in taking up job responsibilities. The only condition is that the job role must fulfill the ‘specialty occupation’ criteria and match your education, skill-set, and work experience. The L1 will only be valid for the particular role you are sent to fulfill in the US branch of the multinational company.
However, the USCIS allows individuals to attend a U.S. school without changing his or her immigration status. Turns out the company sponsoring my visa wasn’t the direct company I was working for, but the holding company, which owned several other companies. My first year here it wasn’t working out so I reached out to a manager in a different company in the same holding company and requested the transfer. My original manager knew it wasn’t working out so they were very open to my transferring. I had different titles between the 2 companies and have been promoted since then, adding a “senior” to my title. The blanket petition has been designed to assist large businesses in obtaining USCIS approval and transferring numerous people on L1 visas to the United States.
Even if you spend 4k per month, you are left with 5k savings which is 3 lac per month and 36 lacs per year. In l1b visa requirements is less than that and post taxes and expenses you can save only lacs. You should go for this and there is no reason to be confused at all. You can close all your debts back home in no time and you will have better standard of life (inc son’s education) too. After a year of 75k and footing well, you can even jump jobs for a higher salary to save more.
All of these, we discuss in detail below to help you decide if the L1 visa is the right visa for you. However, before you leave the country, there is an application and interview process that you will need to complete. You will also need to secure anAdvance Paroleto re-enter the United States after your travel. Your green card’s expiration date would depend on your type of permanent residence.
Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. Stilt is committed to helping immigrants build a better financial future. An HB1 visa candidate would need PERM Labor Certification approval to receive a green card. This same process would apply to an L1B visa holder as well. In the case of the H1B visa category, any US-based company can hire a worker from another country.
While the process of applying and obtaining the visa may appear daunting, this guide is intended to help simplify the process of starting your new life in the U.S. After you have been approved for your L-1 or H-1B visa and are preparing for your new U.S., consider how you will live during your stay — especially how you manage your finances from setting up a bank account to managing your credit. In the U.S., credit history is important in securing things necessary for everyday life from credit cards to utilities and even your apartment. Lastly, your current H-1B visa must have at least six months of validity remaining from your initial approval in order to file for an extension in the form of an L-1A visa. Another key difference between the L-1 visa and H-1B visa is that L-1 visa applicants must have worked in a related company outside of the U.S. for at least one year in the last three years before their desired entry to the U.S. For the H-1B visa, there’s no requirement for minimum work experience.