To apply for an L1 visa , the business plan must demonstrate that the company intends to transfer an employee from a foreign office to a U.S. office, that the employee has the necessary qualifications, and that the company’s U.S. office will contribute to the growth of the U.S. economy. Here are the key components of a business plan for an L1 visa:
01
Company Description : The first step is a detailed description of the company, including its history, mission, activities, structure, customers, products or services, and financials.
02
Description of the Applicant : The business plan should provide information about the employee who is planned to be relocated to the U.S., including their professional experience, qualifications, education, skills, and functions performed in the company.
03
US Business Development Plans : It is important to describe goals and strategies for developing US business, including plans to attract customers, expand sales, increase market share, and diversify products or services.
04
Financial Projections : The business plan should contain financial projections for several years, including expected revenues, expenses, profits and cash flow. This will help assess the financial stability of the business and its potential for successful performance in the United States.
05
Job Creation Plans : It is important to demonstrate that the company will help create new jobs for American citizens and residents and that relocating an employee to the United States will not result in job losses for U.S. residents and citizens.
06
Evidence of inter-office interaction : The business plan should contain evidence of close ties and interaction between the foreign and U.S. offices of the company, e.g., contracts, joint work projects, transfers of funds, etc.
The L1 visa business plan must be tailored to the requirements of the US Immigration Service and contain all the necessary components to convince immigration officers of the company’s firm commitment and ability to successfully grow and create jobs in the US.
