In an effort to encourage foreign nationals to immigrate to the United States, establish or purchase a business and employ US persons, USCIS has established a new set of regulations specifically for foreign entrepreneurs. This new regulations allow entrepreneurs to utilize the H1B visa to establish and run a business in the US temporarily and obtain permanent residency through the EB2 green card category as well as the EB2 NIW category. This blog post will cover using the NIW to obtain a green card by establishing a US business and hiring US workers.
The National Interest Waiver allows a foreign national to apply for permanent residency through the EB2 category without having a US employer or a job offer. This means that there is no requirement to undergo PERM labor certification and petitions can be approved in as little as 3 months provided that the entrepreneur’s immigration is in the national interest.
The entrepreneur can show his immigration is in the national interest if he can establish the following three points.
1. The NIW entrepreneur must seek employment in an area that has substantial intrinsic merit. An example would be a structural engineer working on highway bridges.
2. The NIW entrepreneur must demonstrate that the proposed benefit to be provided will be national in scope. For example, the entrepreneur might be able to demonstrate that the jobs his or her business enterprise will create in a discrete locality will also create (or “spin off”) related jobs in other parts of the nation. Or, as another example, the entrepreneur might be able to establish that the jobs created locally will have a positive national impact.
3. The NIW entrepreneur must demonstrate that the entrepreneur will serve the national interest to a substantially greater degree than would an available U.S. worker having the same minimum qualifications. The entrepreneur who demonstrates that his or her business enterprise will create jobs for U.S. workers or otherwise enhance the welfare of the United States may qualify for an NIW. For example, the entrepreneur may not be taking a job opportunity from a U.S. worker but instead may be creating new job opportunities for U.S. workers. The creation of jobs domestically for U.S. workers may serve the national interest to a substantially greater degree than the work of others in the same field.
The USCIS finally recognizing that immigrants are vitally important to the success of the US economy and are providing additional avenues to permanent residence for them. If you are considering starting, purchasing or expanding a US business, the NIW may be the right choice for you.