Immigrant investor, or “EB-5” for short, is a special visa category established by the Immigration Act of 1990 aimed specifically at overseas investors. Of all the pathways to immigration in the US, this category is subject to the least conditions and limitations and has in recent years been a favored route for mainland Chinese entrepreneurs.
In 1993, with the aim of channeling overseas investment to government-approved regions and thereby promoting regional economic development, the US government created the “Regional Center Program” within the EB-5 immigration regulations. Through investment into US government-approved “regional centers”, this program relaxed the former criteria that immigrant investors “must create 10 direct jobs”, allowing instead that they “can create 10 direct or indirect jobs”.
Under normal circumstances, qualified applicants, along with their spouses and children under 21, can within 10 to 14 months of submitting their application materials receive notice of whether or not USCIS has approved their application. If approved, they will then receive their conditional immigration visa (conditional green card) within 6 to 12 months. In the 90 days prior to the two-year anniversary of this temporary green card (that is, the 21st to the 24th month after the temporary green card was issued), as long as the investment has been genuinely maintained and USCIS has verified that such investment has in fact created 10 jobs, the immigrant investor can apply to USCIS to remove the conditions on his or her permanent residency. If successful, this results in a normal green card without extra restrictions. Immigrants who have invested in US government-approved regional centers can therefore freely enter and leave the US without the need to worry about immigration checks or inspections. Additionally, they may carry on business in their respective countries as they do not need to personally manage their EB-5 investments.
The L visa was created to allow convenient personnel transfers in multinational companies. Naturally, smaller scale and newly established companies can also take advantage of L visas if they meet the corresponding criteria. We recommend those interested in an L visa to consult with an experienced immigration lawyer.
The L-1A visa is intended to allow executives or managers of multinational companies to enter the US. Applicants must be those who will work in an executive or managerial capacity in the US, and within the three years prior to applying must have continuously worked for the same company or employer for at least one year.
The L-1B visa is intended to allow multinational companies to transfer a professional employee with specialized knowledge to the US. For example, an employee with in-depth knowledge of a company’s products may come to the US to train the new employees of a US employer.
USCIS also provides the L-1 Blanket Petition Program for companies who routinely transfer personnel using L-1 visas. Under this program, eligible companies need only obtain a single approval to transfer a number of employees to the US, such as executives and managers as well as personnel with specialized knowledge.
The L-2 visa is issued to the spouse or a child under 21 of the holder of a L-1 visa, with a duration of stay the same as that of the L-1 visa holder. The spouse and minor children of the L-1 visa holder are permitted to attend school in the US, and the spouse of the L-1 visa holder may obtain employment in the US upon his or her attainment of an Employment Authorization Document (EAD).
The holder of a L-1 visa may petition for immigration through an EB-1C visa under the employment-based, first preference visa category. The EB-1C visa allows high-level executives or managers of multinational companies who have been transferred to America to apply for employment-based immigration, and has requirements that are very similar to those of the L visa. Foreign nationals must have permanent appointments from a US employer and in the three years prior to applying must have worked for at least one year consecutively in an overseas entity with a qualifying relationship to the US employer (such as a parent, affiliate, subsidiary, or branch).
The EB-1B visa allows an “outstanding professor or researcher”—that is, a foreign national internationally recognized as outstanding in a particular field—to immigrate to the US under the employment-based, first preference visa category. The professor or researcher must:
1. Possess at least three years of research or teaching experience in the relevant field;
2. Have been invited to pursue a permanent research fellowship or a tenure-track teaching position;
3. Have the intention to pursue research or teaching in the relevant field in the US;
4. Demonstrate he or she is recognized as outstanding in the academic field specified in the petition by presenting evidence of at least two of the following six items:
(1) Receipt of major national or international prizes or awards for outstanding achievement in the academic field;
(2) Membership in associations in the academic field that require outstanding achievements of their members as judged by recognized national or international experts in their fields;
(3) Published material in professional publications written by others about the alien’s work in the academic field;
(4) Participation on a panel, or individually, as a judge of the work of others in the same or an allied academic field;
(5) Original scientific or scholarly research contributions to the academic field; and
(6) Authorship of scholarly books or articles in scholarly journals with international circulation in the academic field.
The H-1B visa is a temporary working visa issued to employees engaged in a specialty occupation to allow them to lawfully work in the US. In the H-1B application process, the employer is the applicant and the alien employee is the beneficiary. The alien employee must hold at least a bachelor’s degree or a foreign degree which is equivalent to a US bachelor’s degree.
The H-1B visa is intended for engineers, teachers, researchers, software developers, and other foreign professionals. Holders of a H-1B visa may work in the US for three years, and may extend their visa for another three years. If the visa holder has not changed status by the conclusion of this six-year period, however, he or she must leave the US.
EB-2 is the employment-based, second preference visa category. If a foreign national possesses eligible ability, education, and/or experience and holds corresponding credentials, he or she may apply for a US green card through an EB-2 visa. Applicants for an EB-2 visa must hold at least an advanced degree.
The EB-1A visa allows a foreign national of “extraordinary ability” to apply for immigration under the employment-based, first preference visa category. To be eligible for this visa category, a foreign national must possess extraordinary ability in the sciences, arts, education, business, or athletics demonstrated by sustained national or international acclaim, and his or her achievements must have been recognized in the field of expertise. The general requirement for such foreign nationals is that they have risen to the very top of their field of endeavor. Applicants for the EB-1A visa must show evidence of one of the following two items:
1. Receipt of a major nationally or internationally recognized award (such as a Nobel Prize, an Academy Award, or an Olympic Medal), or
2. At least three of the following:
(1) Receipt of lesser nationally or internationally recognized prizes or awards for excellence in the field of endeavor;
(2) Membership in associations in the field, which require outstanding achievements as judged by recognized national or international experts;
(3) Published material about the alien in professional or major trade publications or other major media;
(4) Participation on a panel, or individually, as a judge of the work of others in the field or an allied field;
(5) Original contributions of major significance in the field (usually through recommendations by experts in the field or a comprehensive personal statement);
(6) Authorship of scholarly articles in the field in professional or major trade publications or other major media;
(7) Display of the alien’s work at artistic exhibitions or showcases;
(8) Evidence that the alien has performed in a leading or critical role for organizations that have distinguished reputations;
(9) Evidence that the alien has commanded a high salary compared to others in the field; and
(10) Evidence of commercial successes in the performing arts.
Master's degree - Ohio State University
Years of translation experience: 3. Registered at ProZ.com: Jun 2016.
I have studied and worked in China for about seven years, but currently reside in the US. I am highly interested in Chinese culture, and asides from translating, I enjoy reading classical Chinese texts as well as modern works on psychology and philosophy. The cultural differences between the US and China have always been a fascination of mine, and I hope that through my translating I can have the chance to facilitate cross-cultural business and interactions.
I received high marks from my intensive Chinese MA program at the Ohio State University, and for the last two years have been honing my skills as a full-time translator at the Central Compilation and Translation Bureau in Beijing. Throughout this work, I have dealt with a variety of topics related to social and economic development, including law, policy, and public finance.