Articles Posted in Investors

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In this video, attorney Jacob Sapochnick updates our viewers about how long it is taking for an immigrant visa interview to be scheduled at U.S. Consulates and Embassies overseas as of October 2024.

This information can be found on the State Department’s Immigrant Visa Interview Backlog Report. 

Please note that the green card application process will differ for individuals applying from inside the United States (this process is known as Adjustment of Status).

For the purposes of this video, we will focus solely on consular processing for applicants applying for their green card from outside the United States via a U.S. Consulate or Embassy overseas.

If you would like to learn more about this topic, please keep on watching.

How long do I have to wait for NVC to send my case to the U.S. Embassy or Consulate for interview scheduling?

On average, it can take the National Visa Center approximately 45 days to declare your case “documentarily complete.”

A case becomes “documentarily complete” once the applicant has paid all visa fees and submitted all required documents, including the DS-260 Online Immigrant Visa Application, Affidavit of Support, and other supporting documentation.

PRO TIP: To minimize delays, ensure that you are familiar with the documentation you must submit early on, and provide it promptly.

The amount of time you will need to wait for interview scheduling may vary depending on the following factors:

  • Your Preference Category: unless you are the immediate relative of a U.S. Citizen, your preference category will be subject to annual numerical limits. This means that you must check the Department of State’s Visa Bulletin regularly to know how much time you will need to wait before final action can be taken on your case.
  • Country of Nationality: Your country of nationality may also have an impact on the processing of your case. If you are dealing with a U.S. Embassy or Consulate that is in high demand such as India, Pakistan, or the Philippines, then you can expect longer wait times for interview scheduling, due to limited availability of visa interview appointments.

PRO TIP: Be proactive. Ensure that you have submitted all required documentation and follow up with the National Visa Center (NVC) regularly regarding your case.

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Did you know that once you have obtained your E-2 visa as a treaty investor, you can bring essential employees to work for your company in the United States?

The E-2 visa presents an exciting opportunity for entrepreneurs to invest in and start their businesses in the United States. But what many investors may not know, is that they can petition to bring essential employees with certain specialized skills to work for their companies in the United States.

In this video, we discuss:

  • Who qualifies for an E-2 visa as an essential employee?
  • What is an essential employee?
  • How long can essential employees stay in the U.S.?
  • What are the Key Advantages for E-2 Essential Employees?

And more!

To learn more about this important topic, please keep on watching.

Overview

Who Can Qualify as an E-2 Essential Employee?

 An essential employee is one whose duties are vital to the successful operation of the E-2 company. Generally, essential employees may be those who are seeking to work for the E-2 company in an executive, supervisory, or other essential capacity.  Since the E-2 visa is designed to stimulate foreign investment in the U.S. economy, as well as encouraging job creation, this is an excellent visa type for employees who qualify.

To be eligible, the employee of an E-2 treaty investor must:

  1. Have the same nationality as the E-2 employer (example: the E-2 investor is an individual who is a national of Mexico– a country that maintains a treaty of commerce with the U.S. In such a case, the employee must also be a national of Mexico to qualify)
  2. Be coming to the United States to work for the E-2 company in an executive, or supervisory capacity, or if they will be employed in a lesser capacity, they must have special qualifications.

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If you are applying for an employment-based immigrant visa, you won’t want to miss this important update regarding visa availability. In this video, attorney Jacob Sapochnick discusses some new information released in the Department of State’s September Visa Bulletin which impacts most employment-based preference categories.

Want to know more? Just keep on watching

Overview

Recently, the U.S. Department of State published a new update in its September Visa Bulletin, which warns applicants that due to a steady increase in demand for employment-based visas in fiscal year 2024, the annual numerical limits have been reached for all employment-based preference categories.

As a result, no further immigrant visas or green cards will be issued for the remainder of the fiscal year which ends on September 30, 2024. This means that if your case is currently waiting for interview scheduling with USCIS or the National Visa Center, no further action will be taken on your case until the new fiscal year begins and new final action cutoff dates are issued.

However, the good news is that the new fiscal year will begin on October 1st and a new allocation of visas has been made for the month of October. The October Visa Bulletin was released several weeks ago and has shown great progress.

For the month of October, the Final Action Date for EB-1 Worldwide remains current; EB-3 Worldwide will advance by nearly 2 years to November 15, 2022; and EB-5 Worldwide will remain current. The Final Action Date for EB-5 India will also make significant advancement of 13 months to January 1, 2022, and China will advance by 7 months to July 15, 2016.

Unfortunately, EB-3 China’s Final Action date will retrogress by 5 months to April 1, 2020, and in the Dates for Filing Chart, EB-3 China will retrogress by 7.5 months to November 15, 2020, and EB-5 China will retrogress by 3 months to October 1, 2016.

For more information about the October Visa Bulletin’s advancements, please click here.

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Are you waiting for your priority date to become current on the visa bulletin? Then you won’t want to miss this blog post covering the release of the October 2024 visa bulletin.

In this video, attorney Jacob Sapochnick explains what you can expect to see in terms of the movement of the family-sponsored and employment-based visa categories in the month of October.

USCIS Adjustment of Status

For employment-based preference categories, the U.S. Citizenship and Immigration Services (USCIS) has confirmed it will use the Dates for Filing chart to determine filing eligibility for adjustment of status to permanent residence in the month of October.

For family-sponsored preference categories, USCIS will continue to use the Dates for Filing chart to determine filing eligibility for adjustment of status to permanent residence in the month of October.

Highlights of the October 2024 Visa Bulletin

At a Glance

Employment-Based Categories

  • The Final Action date for China EB-3 Professionals and Skilled Workers will retrogress by five months, to April 1, 2020. The Date for Filing will retrogress by almost 8 months, to November 15, 2020.
  • The Final Action date for EB-3 Professionals and Skilled Workers Worldwide will advance by almost two years, to November 15, 2022. The Date for Filing will advance by one month, to March 1, 2023.
  • The Final Action date for China EB-5 Unreserved will advance by seven months, to July 15, 2016. The Date for Filing will retrogress by three months, to October 1, 2016.
  • The India EB-5 Unreserved Final Action date will advance by more than one year, to January 1, 2022. The Date for Filing will remain at April 1, 2022.

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In this video, attorney Jacob Sapochnick discusses the top work visa alternatives to the H-1B visa for those who were not selected in the H-1B lottery for the FY 2025 cap season.

To learn more, please keep on watching this video.

Overview

As our readers may know, the electronic registration process for the H-1B work visa occurs every year during the month of March. During this period, U.S. employers petitioning for foreign workers must submit an electronic registration on behalf of each employee for a chance to be selected in the H-1B visa lottery.

Once the electronic registration period has closed, the H-1B lottery is conducted to select enough beneficiaries to participle in the program. Unfortunately, competition for the H-1B visa is fierce because only 65,000 H-1B visas are available each fiscal year, and another 20,000 are available for foreign workers possessing a U.S. master’s degree or higher.

Due to these numerical limits, the demand for H-1B visas far outweighs available visas, causing many to miss out on the visa.

As a result, U.S. employers and their workers should be familiar with alternative work visa options to provide relief in cases where they were not selected.

The H-1B Work Visa Alternatives

The O-1A Visa

The O-1A Visa is a nonimmigrant visa for individuals who have demonstrated extraordinary ability in fields such as the sciences, education, business, and athletics. It allows individuals with exceptional talents to work in the United States, if they can prove sustained national or international acclaim in their domain. It also enables their family members to accompany them to the United States on O-3 visas.

O-1 applicants must be petitioned for the visa directly by their employers or agents (employers are U.S. companies that direct the work the beneficiary will undertake in the U.S., while agents are individuals or entities acting on behalf of multiple employers). The employer or agent must provide an employment contract or agreement detailing the job offer, the applicant’s roles and responsibilities while in the United States, etc.

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Can you apply for a green card while you are inside of the United States on a tourist visa? In this video, attorney Jacob Sapochnick addresses this important topic.

Overview

B1/B2 Tourist Visa and Nonimmigrant Intent

The B1/B2 tourist visa is a nonimmigrant visa type that allows foreign nationals to visit the United States temporarily for one specified purpose, to engage in tourism or engage in permitted business activities like attending a business conference. The maximum period that a B1/B2 visitor can remain in the United States is 6 months.

Those traveling on such a visa must maintain what is called “non-immigrant” intent when arriving to the United States, meaning that travelers must intend to depart to their home country at the conclusion of their trip.

Misrepresenting your true intentions for traveling to the United States may spell disaster for you in the future and lead to serious immigration consequences including a bar on your future entry to the U.S., due to misrepresentation or fraud.

Those who intend to live or work in the United States must apply for the appropriate visa type and should not enter the United States on a B1/B2 visa.

Change in Circumstances After Arrival in the U.S.

Now let’s imagine that after your arrival to the United States on a B1/B2 visa, your life circumstances have changed. You’ve become engaged to a U.S. Citizen, you’ve secured a job offer for your dream job and your employer wants to sponsor you for a green card, what happens in these situations? Is it possible for you to change your status from a tourist to a permanent resident? The answer is it depends.

The key consideration here is whether you maintained “non-immigrant” intent at the time of your entry to the United States. Under immigration law, a temporary visa holder who enters the United States and gets married or files their green card application within 90 days of their entry, is presumed to have misrepresented his or her true intentions for traveling to the United States on a temporary visa. Such individuals are generally not eligible to apply for adjustment of status to permanent residence (a green card) from inside the United States.

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Are you interested in self-petitioning for a green card (permanent residence) in 2024? If so, you won’t want to miss this important video.

Overview

Did you know that it is possible to apply for a green card on your own through a self-petition and avoid the process of getting a U.S. job offer? In this video, we discuss the top three ways you can apply for permanent residence without a U.S. company sponsoring you and without a U.S. job offer.

Option #1: Employment-Based First Preference Category, EB-1A Aliens of Extraordinary Ability

The first immigrant visa classification we will discuss is the EB-1A visa. This immigrant visa is suitable for individuals who have attained “extraordinary ability” in the sciences, arts, education, business, or athletics through sustained national or international acclaim in their field.

Those who qualify for the EB-1A category can self-petition for their visa on their own. They do not need a U.S. job offer nor employment sponsorship to apply for permanent residence.

EB-1A is Current on the Visa Bulletin 

Additionally, as of June 2024 the EB-1A category remains current on the Visa Bulletin for all countries except India and China, which means that most applicants will not need to wait to apply for adjustment of status to permanent residence so long as the category remains current. For nationals of India and China please see the EB-1A wait times on the June 2024 Visa Bulletin.

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In this video attorney Jacob Sapochnick discusses the State Department’s release of the June 2024 Visa Bulletin. Learn all about the changes we are seeing in the family-sponsored and employment-based categories for the month of June in this video.

Adjustment of Status Filing Chart June 2024

For the month of June 2024, the U.S. Citizenship and Immigration Services (USCIS) will continue to use the Dates for Filing Chart for all family-sponsored preference categories, and the Final Action Dates Chart for all employment-based preference categories, when applying for adjustment of status to permanent residence in the United States.

Top Highlights of the June Visa Bulletin

Employment-Based Categories

Unfortunately, for the employment-based categories, the June Visa Bulletin shows no movement.

  • The Dates for Filing chart in June remains unchanged from the previous months.
  • The Final Action Dates for EB-1, EB-2, and EB-5 remain unchanged.
  • Only EB-3 India will advance by one week.

Family-Sponsored Categories

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Did you know? The May 2024 Visa Bulletin was recently released by the Department of State. In this video, attorney Jacob Sapochnick talks about the exciting movement we are seeing in almost all the family-sponsored categories in the month of May, and what we can expect to see for the employment-based categories in the coming months.

Adjustment of Status Filing Chart May 2024

For the month of May 2024, the U.S. Citizenship and Immigration Services (USCIS) will continue to use the Dates for Filing Chart for all family-sponsored preference categories, and the Final Action Dates Chart for all employment-based preference categories, when applying for adjustment of status to permanent residence in the United States.

What Can We Expect to see in the Month of May?

Family-sponsored categories

FINAL ACTION DATES FOR FAMILY-SPONSORED PREFERENCE CASES

The Final Action Dates Chart for the family-sponsored categories advanced for nearly all categories as follows:

  • F1 Mexico will advance by 5.5 months to October 15, 2001
  • F1 Philippines will remain the same at March 1, 2012
  • F1 All other countries will advance by 4.9 months to July 8, 2015
  • F2A Mexico will advance by 2.8 months to November 8, 2020
  • F2A Philippines will advance by 8.7 months to June 1, 2021
  • F2A All other countries will advance by 8.7 months to June 1, 2021
  • F2B Mexico will advance by 4.3 months to March 1, 2004
  • F2B Philippines will remain at October 22, 2011
  • F2B All other countries will advance by 4.3 months to April 1, 2016
  • F3 Mexico will advance by 10.4 months to July 22, 1999
  • F3 Philippines will advance by 1.8 months to August 1, 2002
  • F3 All other countries will advance by 3 months to January 1, 2010
  • F4 Worldwide and China will advance by 1.4 months to July 22, 2007
  • F4 India will advance by 1 month to January 15, 2006
  • F4 Mexico will advance by 3.3 months to January 22, 2001
  • F4 Philippines will advance by 2.8 months to September 8, 2003

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If you are holding any crypto assets, such as bitcoin, Ethereum, or any other blockchain cryptocurrency, can you use those assets to move to the United States?

In this video, attorney Jacob Sapochnick discusses the use of crypto assets as the source of funds for E-2 visa investment purposes and everything you need to know about this topic.

Overview

Is there a way to move to the United States using crypto assets?

Yes. The visa type that can be used for this purpose is the E-2 Treaty Investor nonimmigrant visa, which allows qualifying applicants to start and manage their businesses in the United States, by making an irrevocable investment in their business and hiring U.S. workers.

The E-2 visa allows foreign nationals to live and work for their U.S. business for an initial duration of two years. Thereafter, investors may apply for E-2 extensions in increments of up to two years each. One of the great advantages of the E-2 visa is that there is no limit to the number of extensions you can apply for, so long as you maintain a sincere intention to depart the United States when your visa status expires.

Additionally, this visa allows your spouse and unmarried children under age 21 to accompany you to the United States by seeking the E-2 classification as your dependents.

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