Learn About E2 Visa as an Alternative of H1-B Visa Immigration has consistently been headlining the world of news in the recent past, mostly for negative reasons. The latest visa category to face backlash is the H1B visa category. This visa category has been termed by many as unjust to the US workforce, and that it should be reformed in their favor. With increasingly stringent constraints on it, every year, many visa hopefuls try for the H1B lottery, but only a few manage to make the cut.
Those rejected should not feel demoralized, because they can still keep their American dream alive with the E2 visa option. The E2 visa allows the visa holder to reside legally in the US for extended periods. So, let us check out how an E2 treaty investor visa can be a great alternative to an H1B visa.
What is an H1B visa? The H1B visa is a nonimmigrant visa that permits US companies to employ foreign employees temporarily in specialty positions. Nowadays, an H1B visa is commonly utilized by fresh college graduates and technology workers employed in US companies.
As per the USCIS regulations, the applicant should meet these five requirements to qualify for an H1B visa: ●
The applicant and the petitioning US company should be in an employee-employer relationship.
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The job role of the applicant should fall under the permitted specialty occupations.
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The specialty occupation of the applicant should be related to their study discipline.
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The minimum wage of the applicant should be as much as the higher of the on-ground pay or the prevailing pay for the occupation, if not more.
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There should be an H1B visa number available while the petition is being filed unless the petition is exempt from numerical limits.