Your complete guide to the L-1B Visa for non-immigrant work in the United States

National Interest Waiver is a provision under the EB-2 green card which has a different process from the regular EB-2 visa. Getting a National Interest Waiver means that the requirements to find a U.S. employer and PERM labor certification processing will be waived for qualified applicants. This means you can sponsor yourself by submitting your petition directly to the USCIS without being sponsored by an employer. This immigrant visa is designed for people who possess exceptional ability in their field or hold an advanced degree in that field.
Rather, with form 8938, a person must report the account balance along with the annual income that is generated from form 8938 accounts or assets. Therefore, if you were to own stock of a foreign company, that would be considered a Specified Foreign Asset that would need to be reported on a Form 8938 — but would not be reported on an FBAR. Each year when a person meets the threshold requirements for filing. Unlike the FBAR, which is an electronic form which is submitted directly to the Department of Treasury , Form 8938 is part of your tax return. In order to qualify, the person must have worked for a foreign parent, affiliates, subsidiary or branch for at least one of the last three years. Offers fee based one on one non-legal visa case management advice.
l1a visa requires the person to be qualified to work in a specialized knowledge job position in the United States. Their qualifications should be based on their prior education, training, and employment overseas. The L1B visa requires that the U.S. sponsoring employer must be or will be doing business as an employer in the United States and in at least 1 other country either directly or through a qualifying organization for the duration of the L1B visa. Both the U.S. company and the overseas company must be actively doing business by providing regular, systematic, and continuous goods or services. The information on this website is for general information purposes only.
Filing a false return subjects a person to a prison term of up to three years and a fine of up to $250,000. A person who fails to file a tax return is subject to a prison term of up to one year and a fine of up to $100,000. Failing to file an FBAR subjects a person to a prison term of up to ten years and criminal penalties of up to $500,000. A person convicted of conspiracy to defraud the government with respect to claims is subject to a prison term of up to not more than 10 years or a fine of up to $250,000.
If the L-1B holder’s duties change, or he or she is transferred to another employer while on an L-1B visa, the L-1B visa holder can file an amended petition. When you attend the visa interview, you have to bring the documents we included in the section above. It goes without saying that the interview represents a key part of the application process, and it will play a major role in the decision making process. An official will interview you and ask you a series of questions based on the document you’ve submitted. 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.
Firstly, an employee should have been working for an organization abroad for an entire year in a three-year period prior to arriving in the US. Now we would like to look in closer detail at the eligibility criteria when it comes to the L1B visa. What specifications should be met by both employees and employers? You also have the possibility to apply for permanent residency, if you’re considering settling in the US. Another benefit worth mentioning would be that thanks to this visa, companies might consider expanding their expertise in the US.