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US Corporate Formation and the E1 visa

US Corporate Formation and the E1 visa

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 Registration in the United States and US Immigration might seem, at first glance, 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 researching the E1 visa for the first time are usually quick to note that one of the main requirements for US visa issuance is the existence of a viable enterprise in the United States. Many foreigners who do business in the USA do not know that one of the best ways to protect both corporate and personal assets is through use of limited liability. Limited Liability can be generally 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 one should be seeking visa benefits due to genuine business needs. 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

US Corporate Formation and the E1 visa

By: Ben Hart
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US Corporate Formation and the E1 visa