After being in the United States for all these years, you may have grown pretty used to the life it offers. By now, we are guessing you may be feeling pretty confident in your working boots to handle your work responsibilities quite well. But, it could be possible that after being in the same role for such a long while, you may be losing the spark of a new challenge.
Firstly, is it even possible?
The answer to this question is yes. According to statistical data, about 30 percent of all small business owners in the United States are immigrants. Also, about 55 percent of the country’s total one billion dollar startup companies have at least one immigrant founder. It was found that immigrants or their children founded more than 40 percent of the companies on 2017’s Fortune 500 List.
Secondly, is it easy?
Though the numbers may seem to give off the idea that accomplishing such business goals is possible, unquestionably, they come with their share of a few considerable challenges. This article is just for you if you are looking for an opportunity to respond to your entrepreneurship call.
What should you do?
Before doing anything else on this particular project, you must acquaint yourself with a set of rules you will have to follow because of the change in your immigration status. If you are already working in the United States, you must have a working visa like the H-1B Or L-Visa. And if you wish to own a business of your own in the country, you must need a Green Card or permanent residentship of the US. It will let you permanently live in the country and let you enjoy voting and medical benefits. Just not that; it will also protect you from deportation under federal laws. You must focus on this if you want to run a business in the nation without fearing any hassle in the long term.
Are there any other benefits?
Oh, yes! A green card or a permanent resident card gives you the official immigration status in the county. It is considered the fastest path to having a better life for your family and yourself. With this, you can be entitled to health, education, and employment benefits. It is a crucial step if you want to naturalize as a United States citizen shortly. And once issued, you can enjoy its validity for a whole decade. Not just that, after it expires, you can renew it to continue living as before.
Who can all apply?
If you are still reading this article, then we think that you may be questioning yourself for applying. And the answer is a big yes but with conditions used! Many employment-based visas allow an immigrant to start their commercial entities in the USA. But apart from that, there is another way, which can also help you find your solid footing in the States, a green card lottery program. As per the mention at https://usa-green-card.com/, the applications are being accepted with a fast and easy registration process. The US government awards 55,000 green cards through the diversity visa program every year.
What after that?
After winning the lottery, you apply for a change of immigrant status. In this case, the application and the approval are overseen and processed by US Citizenship and Immigration Services. You would be required to complete form I-485 and pay a diversity fee along with that. The process is relatively smooth for people who do not have any criminal records or fulfill other eligibility criteria. Post these processes, and you will have to go through the initial screen procedures as per protocol further.
Choice of Business
After you are all done with your new immigration processes, you will need to figure out your business idea. It is better to do the recce along as the market study side by side will give you the time to come up with something truly unique. As the United States is a cosmopolitan country, having a business that caters to people of all communities and religions will be very useful.
The Takeaway
On top of that, settling a business from scratch and seeing its boom comes with time.
While it may be pretty easy for a person who has US citizenship, the journey may not be as smooth for you as an immigrant. After checking out all requirements, you would be required to undergo several processes to qualify for all the next steps. Once the change in your immigration process is complete, your life will change forever for the better. We wish you all the very best of luck in your future.