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BALDWIN · PLANNING GUIDE

Baldwin business planning: compare management authority with investment control

USAvisa field guide · 2 minute readReviewed 7 September 2026

Read the general pathway comparison overview

THE SHORT ANSWER

Authority delegated by an employer and control acquired through an investment can look similar in a short biography. Compare the underlying arrangements before choosing between an L transfer and an E-2 investment proposal.

01

Identify the employer’s transfer theory

An L proposal needs a qualifying relationship and continuous qualifying foreign employment year within the relevant three years. For L-1A, describe primarily managerial or executive US duties; for L-1B, explain qualifying specialized knowledge. Continuing qualifying business in the United States and another country is also required. Delegated spending authority is one fact in that analysis, not a substitute for the employment and organizational history. The foreign year must be full-time; exclude US days without assuming brief trips automatically break continuity.

02

Identify the investor’s actual rights and risk

E-2 instead requires treaty nationality, qualifying enterprise ownership, substantial capital committed at risk in a real nonmarginal enterprise and the ability to develop and direct it. Review the agreements for what the investor can actually decide. A minority interest is not automatically sufficient or automatically excluded; assess control on the actual facts and do not import an employer’s internal authority chart as proof of investment rights. Establish at least 50% relevant treaty-country national enterprise ownership and the lawful source and full path of the investment. E-2 has no universal minimum, requires intent to depart when status ends, and generally requires an E visa for Canadian citizens.

03

Record a reasoned choice

List the evidence supporting each route and the conditions still missing. Add the applicable new-office requirements if the US organization has been doing business for less than one year. An L owner or major stockholder also needs temporary-US-service and subsequent-foreign-assignment evidence. Choose on the supported arrangement rather than assuming a larger payment or more senior title will cure a gap in another route.

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