In our last blog post, we addressed a few ways that immigrant entrepreneurs can seek permanent residence in the United States. Specifically, we looked at the EB-5 Immigrant Investor Program, which offers a visa to entrepreneurs who can pledge a significant investment and job creation, and the EB-1A Extraordinary Ability program for entrepreneurs who have rare and exceptional abilities.
In this conclusion post, we will discuss two more possibilities for would-be entrepreneurs from other countries to gain a green card in the U.S.
3. An EB-2 National Interest Waiver
For entrepreneurs who are ready to take on a big project that could increase macroeconomic value, the EB-2 National Interest Waiver may be an option. There are three criteria that applicants for the EB-2 National Interest Waiver must be able to demonstrate. Candidates must be able to show that their project has substantial merit and national importance; that they are in a position that will allow them to advance their project; and that the U.S. would benefit by waiving its job-offer-and-market-test standard for them. For applicants who are from countries other than China or India, there is usually no backlog for this waiver.
4. The EB-1C Multinational Manager/Executive
An EB-1C Multinational Manager/Executive-based green card is a possibility for foreign-born entrepreneurs who have worked in a managerial or executive capacity outside of the U.S. for at least one year. It can be particularly helpful if an applicant is interested in growing their current enterprise or purchasing a business in the United States. Generally, candidates will use an L-1A work visa to come to the United States; after one year, they can begin the process for an EB-1C green card. This is a viable alternative for Chinese or Indian entrepreneurs who are new to their fields and want a green card option without a long backlog.