Companies consistently choose L1 Visas based on a number of benefits including the ability to make the transfer even before they have an office or branch in the U.S., file a blanket petition, and avoid labor condition application requirements. The L1 visa issuance to nonimmigrants enables a U.S company or employer to transfer a professional employee with curated skills matching the company’s interests and objectives from one of its foreign subsidiary offices to another of its offices in the U.S.
Advantages of the L1 Visa for Employers
While the L1 visa offers numerous benefits for foreign workers, there is an abundance of advantages for employers as well.
The L1 program gives companies the option of a blanket petition provided they have a minimum of 1,000 workers in the U.S or a collective $25 million in U.S. revenue. An L1 blanket petition allows businesses to file a single application for multiple employees, meaning that they are exempted from filing and paying for petitions for each worker. For multinational corporations planning to transfer many employees to the United States on short notice, a blanket petition is an ace up their sleeve.
Creation of New Offices
Equally important is the unique ability for multinational companies to set up new offices in the U.S with the aid of an L-1 visa holder, even though the business currently lacks an office in the United States. While the process is frequently plagued by several limitations, it offers a golden opportunity to have an office and a presence in the country. However, the company as the employer is mandated by law to file Form I-129, Petition for a Nonimmigrant Worker with predefined costs on behalf of its designated employee.
Labor Condition Application Requirement
The E3 or H-1B both require that a Labor Condition Application be obtained for each applicable employee. The L1 visa does not require the attainment of this certification when applying for an employee transfer. By avoiding this requirement, businesses save both time and money.