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L-1 visa
 
Why in news?
A shift in U.S. immigration policy due to a significant fee increase on H-1B visas, prompting multinational tech companies to consider L-1 visas as an alternative for intracompany transfers. 
 

About L-1 visa
The L-1 visa is a non-immigrant visa that allows multinational companies to transfer employees temporarily to the United States.
 
Key Points of L-1 Visa
  • Eligibility: The employee must have worked for the foreign company continuously for at least one year within the last three years in a managerial, executive, or specialized knowledge capacity, and must be transferring to a related U.S. company (parent, subsidiary, affiliate, or branch).
  • Types:
    • L-1A: For executives or managers. Typically involves overseeing significant operations or functions. Valid up to 7 years.
    • L-1B: For specialized knowledge employees who have advanced knowledge of the company's products, services, or proprietary processes. Valid up to 5 years.
  • Employer Requirements: The U.S. employer must have a qualifying relationship with the foreign company, be actively doing business in the U.S., and offer a valid employment position.
  • No Annual Cap: There is no limit on the number of L1 visas issued each year.
  • Family Benefits: Spouses and unmarried children under 21 can accompany the L1 holder under L-2 status. The spouse can apply for work authorization.
 Comparison between H1B Visa and L1 Visa
  
Feature H1B Visa L1 Visa
Purpose Employment in specialty occupations  Intra-company transfer 
Employer Sponsorship US employer sponsors  Same multinational company with foreign & US offices 
Eligibility Bachelor’s degree or higher in relevant field  1 year employment with company abroad (past 3 years) 
Annual Cap 65,000 + 20,000 lottery, recent fee $100,000  No cap 
Validity 3 years, extendable to 6 years  L1A: 7 years, L1B: 5 years 
Job Portability Can change employers with H1B transfer  Must remain with same company 
Prevailing Wage Must be paid “actual” or “prevailing” wage  No specific wage requirement 
Green Card Pathway Through PERM labor certification (EB-2, EB-3)  L1A: Smoother EB-1C path, no labor cert 
Dependents H4 visa, spouses usually not eligible for EAD  L2 visa, spouses can get EAD 
Payroll Must be paid by US company  Can be paid by foreign or US company 
Lottery Yes, mandatory unless exempt  No lottery 

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