Can't help but notice that Canadian people seem to have an easier time getting their work visas in the U.S., compared to people from other country. Do they get something called a TN-1? How does this work? Is it really easier (which is definitely a good thing) ?
| +143 | How to stop feeling like shit for not making it in IB? | 55 | 1h | |
| +106 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 52 | 10m | |
| +66 | Updated LA Banking Scene (2024) | 49 | 11h | |
| +57 | Why Is It Called Investment Banking? | 20 | 32m | |
| +38 | Ranking banks that went under | 20 | 2s | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 4h | |
| +32 | Burnt Out M&A ASO | 17 | 1h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 3d | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 11h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
It's part of NAFTA plus Canadians are in practice very similar to Americans culturally so there's probably a bias towards them
Yes, we go through TN-1 which takes less time. However, it is only valid for 3 years. To continue working in the US, we still need H1B in the long term, which many companies are not willing to sponsor. Hence, we often take a haircut when we move across (e.g.: VP to associate)
TN visa is what most Canadian analysts are on. Can be a little tricky because technically you can't be granted this visa as an "Investment Banking Analyst". You need the backing of the firm to change the offer letter to either Economist or Accountant. But once you have that it is relatively easier to obtain.
To address the comment above, yes, it is only valid for three years. After the three year mark you have to re-apply but there is no limit to how many times you can re-new the visa.
Does the firm sponser the analyst a green card at some point? Or do have to keep renewing their visa every 3years?
TN1 is a non-immigration visa which does not convert to green card. He's right, you can keep renewing your visa until you lose your job. I'd rather request for the sponsorship from the get go, which is why I am still in Canada lol. Asking for H1B sponsorship will decrease your chance of receiving an offer, whereas not asking for one does not provide green card - it is a trade off
just marry an american
Tenetur sapiente molestiae illum eveniet maxime. Maxime accusantium dolores est qui cumque est iusto. Impedit tempora nemo vero.
Et maiores quisquam velit odit voluptatum. Enim qui animi cumque temporibus nobis. Ratione earum ullam aut in occaecati quae itaque quidem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...