E-1 Visas And American Company Formation
American employment visas can be difficult to obtain for some foreign nationals
. Hopefully, the following article will shed some light upon the Employment visa categorized as E1. This author also hopes that this piece will also prove enlightening for those thinking about setting up an incorporated entity in the United States of America.Company incorporation in the USA and American Immigration might seem, at first blush, to have no relationship. In reality, nothing could be further from the truth. Since recent economic problems have created significant investment opportunities in the United States many individuals from countries with strong currencies seem to be looking for investment opportunities in America. This could be due to the increasing availability of cheap internet services in countries outside of the United States. Regardless of the reason, foreign direct investment in the American economy is a positive trend as foreign capital can provide economic benefits to the US in general and also create jobs for Americans in communities where foreign businesses decide to operate.
Those doing research on the E-1 visa for the first time are often quick to point out that one of the major requirements for American E-1 visa issuance is the existence of a viable commercial enterprise in the USA. Many foreign nationals who conduct business in the United States do not realize that one of the best ways to protect both personal as well as corporate assets is through use of limited liability. The concept of Limited Liability can be concisely summed up in lay terms by quoting Wikipedia.org:
"Limited liability is a concept whereby a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership with limited liability. To put it another way, if a company with limited liability is subjected to a lawsuit, then the plaintiffs are probably bringing suit against the company, not its organizers, managers, or investors."*
Limited Liability can provide an extra layer of legal protection for those in the United States on an E1 visa who conduct trade or business through a corporate entity incorporated in the United States.
Keeping this in mind, those wishing to apply for an Employment based visa to the USA are prudent to bear in mind that Employment visa applications must be bona fide. This means that individuals and companies should be seeking visa benefits based upon genuine business imperatives. A visa application should not be based upon the existence of a legal entity formed pretextually in an effort to obtain visa benefits. That said, even those with a bona fide need for immigration benefits may find legal consultation advantageous as the visa process can seem somewhat convoluted for those who are not accustomed to dealing with the American Immigration system.
http://en.wikipedia.org/wiki/Limited_liability
by: Ben Hart Heilongjiang Provincial Finance Department Director: Let The Policy Sunny Countryside Why Did Michelle Obama Holiday In Spain? Discount Appliance Chain Organized Activities "lantern Festival" Experience The Best Of Paradise In Phuket An Executive Airport Lounge Makes Every Trip Perfect It's Never Too Early For Holiday Shopping Explore Enchanting Facades of Rajasthan Tours How To Look For Cheap Holiday Deals Why Take All Inclusive Holidays Limitations with Travel Insurance Tourism Glasses Jaypee Greens Kingswood Oriental | Villas In Noida | +919560214267 Best Christmas Gifts For Men- Parker Fountain Pen