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How much money does a startup have to have to transfer/sponsor an H1B visa for someone?

As other answers have indicated, it’s not an exact number, but instead the proper funding to support paying the employee. Not only should you have enough funds to pay the employee, but also it is your requirement to pay the filing fee as well as their return trip home once their visa expires.

The more stability you have in your company, the better off you will be to sponsor someone. Other things you must consider:

  • The position must require at least a bachelor’s degree or equivalent experience.
  • The recipient is eligible to remain in the US to work for up to 3 years.
  • You must be able to clearly establish the employee-employer relationship upon petitioning for the visa.
  • You must be able to pay the employee a “prevailing wage” or equivalent wage (whichever is higher)

The more financially sound your business is, the better prepared you will be for taking on this type of employee. Your lack of planning could lead to issues with properly paying for the position which is not only bad for your business, but also the employee you are sponsoring.

To help get all your ducks in a row, it’s best to consult an immigration attorney. They are well-versed in the requirements for visas as well as assisting businesses with preparing for the application.

LawTrades is a marketplace of attorneys that excel in their area of law. We would be happy to connect with you an immigration attorney that can better assist your needs. Our promise is to offer total transparency from start to finish when it comes to project management and price rates. We’re ready to set up your free consultation.