What is L1? Work visa
- The L-1 visa is a temporary non-immigrant visa which allows companiesto relocate foreign qualified employees (from Vietnam) to its U.S. subsidiary or parent companyor associate company in the U.S.

- The qualified employee must have worked for a subsidiary, parent, affiliate or branch office of the company for at least a continuous period of one year out of the last three years.

- The U.S. company must be a parent company, child company, or sister company to the foreign company, or branch office of the Vietnamese company.

 

Who is entitled? 

- Entrepreneurs (managers/executives) in Vietnam relocating to the U.S. to operate the company or its subsidiary in the U.S.
- Visa is issued to managers/executives and the family members (children under 21)
- L-1A Visa is granted initially for one year for a new company in the U.S. or three years for a U.S. company with more than one year in existence, with extensions available in two-year increments, with a total stay not exceeding seven years (and 5 years for L-1B specialized knowledge personnel)

Conditions for the company in Vietnam:

- The company in Vietnam must have its business activities at least 1 year
- The company in the U.S. may be newly established or has been operated
- The company in the U.S. can be a branch, subsidiary or associates/shares with another company
- The company in VN must accounts for more than 51% stake and control of the U.S. company
- The company must have its office in the U.S.
- The company must have the ability to transfer its employees to the U.S.
- The nature of the business in the U.S. and Vietnam does not required to be the same

- The company in the U.S. must be:

+ a subsidiary company of Vietnam (subsidiary)
+ a co-owner of the company in Vietnam (affiliate)
+ a branch

Requirements for managers/executives to be transferred to the US:

- He has worked for the company in Vietnam at least 1 consecutive year in the last 3 years (as of the submission of the petition)
- He was transferred to the U.S. as a manager/executive of the business
- He is paid either by Vietnamese or US company

Filing & Visa:

- Visa seven years for managers and 5 years for persons with specialized knowledge/expertise
- Visa is granted for the first time long or short term depending on business in the U.S. is a new business or enterprise activity
- If the enterprise, the visa was issued for the first time is one year and may be extended 2 years 
- Spouse L-2 visa. Spouse can go to work after obtaining EAD. Accompanying children must be under 21
- If your business has been operating in the U.S., the first visa extension for 3 years and 2 years 
- Visa up to 7 years
- Time is not in the United States not included in the Visa time. 

Benefits of L-1 visa: Investors

- are granted long-term visas for whole family
- are entitled to do business and invest in the U.S.
- Spouses can go to work (after obtaining work permit)
- Children under 21 are entitled to study in the U.S. and apply rates as U.S. citizens (public)
- enjoy a number of other benefits, depending on the particular state
- have the opportunity to settle the form of official visa through occupation
- can return Vietnam any time

 

Investors can use L-1 visa to:
         
- expand the business of the company in the U.S.
- do mergers and acquisition of companies/stores/shops in the U.S. to quickly be settled by qualified EB-1C visa
- suitable for those who do not have companies or offices in the U.S.