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The L-1 Visa is for Executives or Managers (L-1A), or individuals with Specialized Knowledge (L-1B), who transfer to a US company from a related company overseas. L-1 candidates must establish one year or more of continuous full-time employment for a qualifying company outside of the US.
Basic L-1 visa requirements are as follows.
The L-1 Visa is valid for a maximum of 5 (L-1B) to 7 years (L-1A). If the L-1’s sponsoring US entity has been open for less than one year, L-1 status is valid for an initial period of one year so that USCIS can confirm the sponsoring entity’s continued viability. In addition, time spent in L-1 Visa status counts toward the H-1B Visa maximum, and vice versa.
L-1A Visa Executives/ Managers may later apply for lawful permanent resident status (Green Gard) through the EB-1 Multinational Executive or Manager immigrant visa category. L-1B Visa holders who want permanent residence must in most cases apply through the lengthier and more laborious PERM labor certification process.
One L-1 alternative is the E-2 Investor Visa or E-1 Trader Visa. However, the E visa requires a treaty between the US and the applicant’s country of nationality. In addition, E Visa processing can vary dramatically from consulate to consulate. But the E Visa may offer advantages. These may include US consular processing, unlimited renewals, longer validity periods, and preservation of L-1 and H-1B time for future use.
A major drawback of the E Visa is that they are unavailable to nationals of certain countries. For example, the BRIC countries (Brazil, Russia, India and China) have no appropriate E visa treaties with the US.