L-1 visa spike as more Chinese executives head to the US
The number of Chinese executives arriving in the US on L-1A and L-1B intracompany transfer visas has spiked over the last 10 years, according to an article published by CNNMoney. China is reportedly relocating thousands of executives to the US to work in new US acquisitions on L-1A Executive or Manager visas.
The rise in the number of Chinese expat employees working in the US is understood to be on an upward trend and has been attributed to what CNNMoney describes as an ‘explosion in the takeover of American firms.’