Foreign owners of U.S. companies may be able to sponsor themselves for H-1B visas if the owners have a bachelor’s degree or higher in a specialized field and the company will employ the owner in that occupation. For example, a Canadian with a computer science degree who founded a U.S. tech company can sponsor himself for an H-1B to work as a software engineer at his own company. The applicant will have to show that the company has the right to control the owner’s employment. For more information on H-1B visas for specialized occupation entrepreneurs, visit Silicon Visas.
There are benefits for an entrepreneur to seek an H-1B visa. First and foremost, the entrepreneur does not have to invest the high amount of capital that he/she would for an E-2 visa or and EB-5 green card, which can be anywhere from $100,000 to $1 million. Furthermore, unlike the E-2 visa, the H-1B can offer a path to a green card or U.S. citizenship.