We write business plans for US and Canadian immigration, and help entrepreneurs grow and raise capital.

Visa Business Plans

The 60-day Grace Period and What It Means For Foreign Nationals

Millions of Americans have lost their jobs in the past few months, but foreign nationals on work visas are vulnerable in ways native-born workers are not.

Under the current pandemic and shutdown of the economy, employers are terminating foreign workers that usually fall under the H-1B, L, E, O, and TN temporary work categories. Perhaps the best known of these is the H-1B visa for those in “specialty occupations” – everything from computer programmers to architects and chemists.

Foreign workers who are terminated have 60 days to find another job where the employer will file an extension, transfer to a different visa on their own, or leave the country – all of which are made more difficult or impossible by the advent of the coronavirus crisis. Some of these foreign workers also qualify for an E or L visa. But they need to act fast!

A few months ago, the State Department closed embassies and consulate operations with little guidance to those who risk falling into illegal status. Processing of immigration benefits has been drastically curtailed for as many as 250,000 nonimmigrant visa holders as well as intending immigrants.

The pandemic has given rise to unforeseen and unique complications and challenges that immigrants are facing in the United States. The top priority is maintaining the health and wellness of everyone in the global community, particularly the most vulnerable. Immigrants have an added layer of concern to contend with, as well as the employers who rely on their skill sets to remain competitive in their respective industries.

These workers who have been laid-off need to adjust their status quickly! We can help by providing comprehensive and professional business plans and EB-2/NIW impact analysis reports within 10 business days. We are fully operational during these difficult times. At Visa Business Plans, we have been cloud-based and remote-work-ready since 2015.

Visa Business Plans is led by Marco Scanu, a certified coach from the University of Miami with a globally-based practice coaching Fortune 1000 company executives, entrepreneurs, as well as professionals in 4 different continents. Mr. Scanu advises clients on turnaround strategies and crisis management.

Mr. Scanu received a bachelor’s degree in Business Administration (Cum Laude) from the University of Florida and an MBA in Management from Bocconi University in Milan, Italy. Mr. Scanu was also a Visiting Scholar at Michigan State University under the prestigious H. Humphrey Fellowship (Fulbright program) with a focus on Entrepreneurship, Venture Capital and high-growth enterprises.

At present, Mr. Scanu is the managing partner and CEO at Visa Business Plans, a Miami-based boutique consulting firm providing attorneys, investors, and individuals with business planning services in the areas of immigration and SBA loans.