Two alternatives for migrating to the US as a founder or engineer
The United States is one of the first destinations that comes to mind for most people when thinking about starting over somewhere else.
— Photo by frank mckenna on Unsplash.
Immigration is a crucial element in the massive development the country has achieved. Unfortunately, the current climate is not very favourable, and more and more restrictions are put in place each year.
As an example, even talented professionals who receive a visa sponsorship offer from the US, still have to go through a lottery as they have a low annual cap for this visa type (the H-1B visa).
As of February of 2020, these are two functional alternative pathways for founders or engineers:
1- The O-1 Visa
The actual name of this visa, "O-1 Visa: Individuals with Extraordinary Ability or Achievement", could scare most people away. But I recommend you to invest some time researching about it and having a look at the service this company offers (I have no affiliation with them, but really like the model).
The main requirements are to be at the "Very top of the field of endeavour". A major, internationally-recognized award, or at least three other outstanding international membership or recognition.
Here's the official website for more information: https://www.uscis.gov/working-united-states/temporary-workers/o-1-visa-individuals-extraordinary-ability-or-achievement.
2- The E-2 Visa
That's an option that will require you to deposit significant capital in a new company you will set-up in the US. The E-2 Treaty Investors visa is also only possible if you are a citizen of one of these countries.
The idea is that you will open a business and hire yourself to work in the US. In other words, you are the employee as well as the sponsor.
The amount of capital you will need depends on the nature of the company and its industry sector. A rough minimum is somewhere close to $75,000.
Here's the official link for more information and next steps: https://www.uscis.gov/working-united-states/temporary-workers/e-2-treaty-investors.
I hope that's helpful.
Thanks,
Beto
Disclaimer: The information contained in this post is provided for informational purposes only, and should not be construed as legal advice on any subject matter.