CanAm Enterprises is happy to share key insights from its webinar with investors interested in the issuance of new visas for foreign investors: Discussion with Charlie Oppenheim, the Acting Under Secretary of U.S. Immigration and Naturalization. He is also the Acting Chief of the Office of Visa Management and Reporting Division in U.S. Department of Homeland Security. During the webcast, he answered many questions about visa issuance through November 2020.
CanAm believes that the current challenges facing the issuing of a new immigrant investor visa for a specific business category in the United States, namely, business professionals and students, have slowed down the process significantly. In fact, one of the goals of the Obama Administration was to have this type of visa available for the first quarter of next year. They are aware that there will be further challenges and opportunities ahead as the new administration begins implementing policies that address all aspects of immigration. But if you take a look at the current scenario today, it appears that the process is moving forward at a slower pace than previously expected.
When it comes to the business visa, CanAm has a variety of resources to help the small business community understand their options. It can be very confusing at times and it can be very difficult to know how much documentation is needed for various steps involved. The key to keeping everyone involved and on the same page is to be clear and concise in all your communication with the appropriate representatives in the government agencies.
The program is very similar to the LPR program and there are certain criteria that must be met in order to get a visa. These criteria include a business professional's educational record, a history of employment, a business owner's personal income, the total number of employees, and whether the owner's business is a small, medium, or large company.
The goal of the CanAm program is to reduce unnecessary burdens on businesses by helping them to secure new employees and workers through the issuance of a limited number of visas each year. For this reason, the U.S. government has set strict criteria for issuing a specific type of visa, which is used by business professionals who are willing to become permanent residents in the United States. The process for this type of visa does not have the same requirements as for immigrants to the United States.
In the United States, most immigrants must live and work in the country for at least two years in order to obtain an immigrant visa and then must apply for adjustment of status in order to become a permanent resident. In addition, most immigrants to the U.S. must have a bachelor's degree. With a limited number of visas available, many business owners have opted for the option of obtaining multiple immigrant visas for the purpose of securing the necessary workers to meet their needs and meet their business requirements.