{"id":25056,"date":"2022-11-01T15:28:36","date_gmt":"2022-11-01T15:28:36","guid":{"rendered":"https:\/\/www.interstride.com\/?p=25056"},"modified":"2023-09-09T07:06:49","modified_gmt":"2023-09-09T07:06:49","slug":"launching-a-startup-during-school-or-after-graduation-here-are-6-u-s-work-visa-options-for-student-founders","status":"publish","type":"post","link":"https:\/\/interstride.com\/blog\/launching-a-startup-during-school-or-after-graduation-here-are-6-u-s-work-visa-options-for-student-founders\/","title":{"rendered":"Launching a startup during school or after graduation? Here are 6 US work visa options for student founders"},"content":{"rendered":"<div class=\"single-artivcal-content\">This blog post was co-authored by <a href=\"https:\/\/legalpad.io\/partner\/interstride\/\">Legalpad<\/a> \u2013 Legalpad immigration experts help student entrepreneurs just like you move closer to work visa and permanent residency goals quickly and efficiently.International student entrepreneurs who have just launched a startup or plan to do so may struggle to obtain the required work authorization to stay in the US after graduation. Use this guide to help you navigate US visa options so that you can legally remain in the country while growing your business.<\/p>\n<p><span style=\"font-weight: 400;\">There are several steps student founders can take to launch their company in the US prior to obtaining work authorization. This includes setting up your business entity such as an LLC, securing investors and clients, and acquiring a workspace. A startup founder who is still in college only needs work authorization once the business is operational and they are actively working and earning a salary.<\/span><\/p>\n<h2><b>Starting a business while in college vs. after graduation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">International students on an F-1 visa can use Curricular Practice Training (CPT) or Optional Practical Training (OPT) to start their business in the US. Both allow student founders to work in the business for up to one year while they are still in school. It is important to note that OPT can also be used after graduation while CPT cannot.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When starting a business on OPT, you must:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure the business has any legally required licenses\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Engage in work that is related to your degree program<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For STEM students starting a STEM-related business, OPT can be extended another two years post-graduation. If you are a startup founder on a STEM OPT extension, you must also work full-time for the business and register your company on <\/span><a href=\"https:\/\/www.e-verify.gov\/\"><span style=\"font-weight: 400;\">E-verify.gov<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After OPT\/STEM OPT expires, students have just 60 days to find alternative work authorizations or they will be forced to leave the country. For international students to continue working in the US at the company they founded, a new work visa is necessary.<\/span><\/p>\n<h2><b>6 US work visa options for founders<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A startup founder whose OPT or CPT degree program is ending can apply for a temporary (nonimmigrant) visa like an O-1A, H-1B, E-2, or TN. They can also apply for a permanent resident visa, known as a green card, such as the EB-2 NIW or EB-1A. Let\u2019s explore each of these options more closely.<\/span><\/p>\n<h4><b>O-1A visa<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The O-1A work visa is a temporary visa for individuals with extraordinary abilities, and it\u2019s one of the best options for startup founders. To qualify for an O-1A visa, you must meet three of these <\/span><a href=\"https:\/\/www.uscis.gov\/policy-manual\/volume-2-part-m-chapter-4#3#1\"><span style=\"font-weight: 400;\">eight criteria<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What makes the O-1A so appealing?<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is valid for three years and can be extended indefinitely.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no minimum income requirement.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no specific degree requirement.<\/span><\/li>\n<\/ul>\n<h4><b>H-1B visa<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The H-1B visa is the most common nonimmigrant work visa. It lasts six years with the possibility to extend and apply for permanent residency. However, the H-1B visa has a wage requirement for employees depending on their position.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are working as a C-level executive at your company, such as a CEO, CTO, or COO, the high wage requirement may be difficult to meet as an early-stage, student founder. Regardless of the company size or stage, you must pay yourself the prevailing wage required for all C-suite roles \u2013 no exceptions. An H-1B also requires the visa holder to have an employer who can supervise them. For business owners, this supervisory entity could be a co-founder or board of directors.\u00a0<\/span><\/p>\n<h4><b>E-2 visa<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The E-2 visa is specifically for investors from certain <\/span><a href=\"https:\/\/travel.state.gov\/content\/travel\/en\/us-visas\/visa-information-resources\/fees\/treaty.html\"><span style=\"font-weight: 400;\">treaty countries<\/span><\/a><span style=\"font-weight: 400;\">. Business founders qualify if they invested a significant amount of seed money into the company. While the <\/span><a href=\"https:\/\/www.uscis.gov\/working-in-the-united-states\/temporary-workers\/e-2-treaty-investors\"><span style=\"font-weight: 400;\">USCIS<\/span><\/a><span style=\"font-weight: 400;\"> does not specify how much qualifies as a significant amount, the general guidance is that the investment should be proportional to the business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Important details to know about the E-2 investor visa:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The investor must own at least 50% of the company.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The visa can be extended indefinitely as long as the business is viable.<\/span><\/li>\n<\/ul>\n<h4><b>TN visa<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">If you are a startup founder from Canada or Mexico, it\u2019s worth looking into the TN visa. To qualify, you must work for your business in a <\/span><a href=\"https:\/\/legalpad.io\/blog\/what-is-the-tn-and-who-qualifies\/\"><span style=\"font-weight: 400;\">specific role<\/span><\/a><span style=\"font-weight: 400;\">. This option includes the possibility to renew the visa indefinitely, and there is no limit on the number of visas offered each year.<\/span><\/p>\n<h4><b>EB-2 NIW\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The EB-2 National Interest Waiver (NIW) is a permanent immigrant petition. This differs from the other visas discussed so far because it does not give you work authorization. If your STEM OPT expires, getting an approved EB-2 NIW would not immediately help you stay in the US.\u00a0 Once your EB-2 NIW is approved, you will have to wait until your green card is processed before you can use it to legally work in the US. This can take up to a year, so consider applying at least 12 months before graduation or before your OPT expires.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To qualify, you must either have an advanced degree or exceptional ability. As a startup founder, you must prove that your company has strong potential to be successful and make a positive impact in the US in the future. This could be an economic impact such as creating more jobs or a social impact such as providing a public service.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">International students from China and India may want to pursue the EB-1A visa over the EB-2 NIW visa. This is because the EB-2 NIW processing time for individuals from these countries is much longer than the processing time for the EB-1A visa.<\/span><\/p>\n<h4><b>EB-1A\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The EB-1A visa is another permanent immigration option for individuals with extraordinary abilities. The criteria are almost identical to those for the O-1 visa, but the standard for acceptance is higher with the EB-1A. This is the most difficult immigrant visa to acquire because you must prove that you are in the top 1% of your field. However, the EB-1A visa is ideal for qualifying international students from China and India. The EB-1A offers shorter wait times for individuals from these countries than the more popular EB-2 NIW visa.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Like the EB-2 NIW, the EB-1A does not immediately grant applicants work authorization once the petition is approved. EB-1A approval starts the green card process, and startup founders will need alternative work authorization until their green card is fully processed.\u00a0<\/span><\/p>\n<h2><b>Tips for success as an international student founder<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Don\u2019t wait until graduation to begin preparing your work visa application, as it may take time to meet the requirements for certain visas. Even if you are not ready to launch your startup, begin researching entrepreneur visa options while you are still in school. During college and OPT, you can <\/span><a href=\"https:\/\/legalpad.io\/blog\/what-you-can-do-now-if-you-arent-qualified-for-the-o-1-visa-yet\/\"><span style=\"font-weight: 400;\">strengthen your portfolio to increase your chances of being accepted<\/span><\/a><span style=\"font-weight: 400;\"> for an O-1, E-1A, or EB-2 NIW visa. There are many actions you can take to meet the extraordinary ability requirements for these visas, some of which include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Published material<\/b><span style=\"font-weight: 400;\">: Try to get featured in the press during school by networking with journalists on <\/span><a href=\"https:\/\/www.linkedin.com\/\"><span style=\"font-weight: 400;\">LinkedIn<\/span><\/a><span style=\"font-weight: 400;\"> and pitching your story to news outlets like <\/span><a href=\"https:\/\/techcrunch.com\/\"><span style=\"font-weight: 400;\">TechCrunch<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.forbes.com\/\"><span style=\"font-weight: 400;\">Forbes<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Awards:<\/b><span style=\"font-weight: 400;\"> Join industry-relevant competitions that are nationally or internationally recognized. Alternatively, VC funding can count as a qualifying award for entrepreneurs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Membership:<\/b> <span style=\"font-weight: 400;\">Join an outstanding and reputable professional organization. There are general associations for founders and ones catered to specific industries such as the <\/span><a href=\"https:\/\/www.asme.org\/?&amp;utm_term=american%20society%20of%20mechanical%20engineers&amp;utm_campaign=G_General+ASME&amp;utm_source=adwords&amp;utm_medium=ppc&amp;hsa_acc=1600986049&amp;hsa_cam=619998689&amp;hsa_grp=29845144645&amp;hsa_ad=345232299538&amp;hsa_src=g&amp;hsa_tgt=kwd-116687477&amp;hsa_kw=american%20society%20of%20mechanical%20engineers&amp;hsa_mt=e&amp;hsa_net=adwords&amp;hsa_ver=3&amp;gclid=CjwKCAjw2OiaBhBSEiwAh2ZSP9V39r1YXbCSA-Tb38sdznZLWRo_HfIEmnnXfWrM5t5R3-Xqq7IORBoCRAwQAvD_BwE&amp;gclsrc=aw.ds\"><span style=\"font-weight: 400;\">American Society of Mechanical Engineers<\/span><\/a><span style=\"font-weight: 400;\">. An accelerator or incubator can also count as an eligible membership.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Judging:<\/b><span style=\"font-weight: 400;\"> If you were part of an accelerator or incubator, be proactive and reach out to sit on judging panels for business events such as a hackathon.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">International students may be tempted to discount the O-1A and EB-1A visas assuming they don\u2019t meet the strict extraordinary ability requirements, but preparing early and building your eligibility while in college can expand your visa options.\u00a0<\/span><\/p>\n<h2><b>Choosing the best immigration path post-OPT <\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The best immigration path for you depends on multiple factors such as the type of company you have, how much funding the business has received, and what country you are from. <\/span><a href=\"https:\/\/legalpad.io\/partner\/interstride\/\"><span style=\"font-weight: 400;\">Legalpad immigration experts<\/span><\/a><span style=\"font-weight: 400;\"> help student entrepreneurs just like you move closer to work visa and permanent residency goals quickly and efficiently. They simplify the stressful and annoying complexities of US immigration for international students who start their own businesses before or after graduation. <\/span><a href=\"https:\/\/legalpad.io\/partner\/interstride\/\"><span style=\"font-weight: 400;\">Reach out to Legalpad<\/span><\/a><span style=\"font-weight: 400;\"> today for a free one-on-one consultation.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>International students starting a business during or after college need a visa to work at their own company. Options include an O-1, H-1B, E-2, and more.<\/p>\n","protected":false},"author":1,"featured_media":29371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-25056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alumni-visa-immigration"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Launching a startup during school or after graduation? Here are 6 US<\/title>\n<meta name=\"description\" content=\"International students starting a business during or after college need a visa to work at their own company. 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