26 karma · joined January 5, 2016
It's a lot cheaper to get qualified for an O-1A or EB-1A than an EB-5 if you're just comparing financial investment.
Within the EB's, most companies will sponsor H-1B holders for green cards in the EB-2 or EB-3 categories in a 3-step process: PERM, I-140, I-485.
If an H-1B holder wants to get a green card based on work/accomplishments as a self-petitioner, the two main pathways are:
Eb-1A for extraordinary ability, helpful for people subject to long India/China backlogs
Eb-2 NIW, easier than O-1A, takes 2-3 years if you're not subject to India/China backlogs.
I’m a UX/UI designer working in Europe at a web3 company in the United States.
I would like to resign from my current position and move to the U.S. to pursue work that allows me to have more autonomy, flexibility and the ability to take on a variety of projects with different clients in the U.S.
How can I make that happen? Thanks for your help!
—Worldly web3 Wonder
— Elated Entrepreneur Dear Elated,
Congrats on your latest funding milestone! Your funding comes at an opportune time: The recent spate of layoffs and hiring freezes at many tech companies presents a great opportunity for you to scoop up top global engineering talent. Plus, I’m not surprised you raised even in this “environment” – we’re seeing a lot of that going on despite much of the news! Continue: https://www.alcorn.law/immigration/dear-sophie-what-immigrat...
I’m a software engineer who is currently on an H-1B. My employer sponsored me for an EB-2 green card and my application has been approved, but I’m still waiting for a decision on my application to register for permanent residence.
I want to leave my employer and do something completely different. Can I transfer my green card to another employer in a different field and position or should I stick it out in my current position until I receive my green card?
If I should stick it out, how long should I stay with my current employer after I receive my green card?
— Craving Change
Dear Craving,
As my dad (also an immigration lawyer) would always say, here is one of those classic lawyers’ answers: “It depends.” It’s so exciting when a company is willing to sponsor you for a green card, but things can change fast, especially in the Valley. The past couple of years has been a time of self-reflection and reassessment as many have reassessed their own careers and considered pivots. Thanks for reaching out and here’s an overview of some of the general options!
I’m an entrepreneur in Guatemala and would like to come to the United States to expand my tech company.
What is the best way to do that?
— Groundbreaking Guatemalan
Dear Groundbreaking,
What fantastic news that you’re looking to tackle the U.S. market. In a recent podcast (which is actually trending in your country the last several weeks!), I discussed my take on how to best establish a startup for immigration success. Whether a founder wants to make their way to the United States – or if they’re already here and want to start a venture of their own – we discussed the details. There are even options for companies that are newly formed with limited funding.
It’s important to know your options when setting up your company in the United States. This knowledge enables your company to successfully sponsor you, your founding team, and other prospective hires for visas and green cards if needed – prospective investors will also feel more comfortable investing in your company. Super important, right?! Before you get too deep into your plans, I recommend you consult both a corporate attorney and an immigration attorney to assist you in your efforts.
Continue: https://www.alcorn.law/immigration/dear-sophie-how-do-i-succ...
-Is it reasonable to limit this to only 3 founders per company, or should it be 4?
-Reasonable for a successful founder to own at least 10% at the end of the 2 year period (which could be 5 years after founding the startup)?
-Reasonable to require $345k within the 1st 3 years to qualify? Too much capital?
-Is $500k annual revenue with average annualized revenue growth of at least 20% a good minimum requirement for proving "substantial and rapidly increasing revenue"?
-Will certain industries like biotech or medical devices be harmed if there is a requirement that the investor funding and application must occur within the first 3 years after founding? Are there some types of companies that take longer to get traction?
-Is winning pitch events or other competitions a good indicator of potential for rapid growth and job creation?
-Does getting into an incubator show a potential for success?
Thanks Sophie Alcorn
My blogs about this program: http://alcornimmigrationlaw.com/international-entrepreneur-r...