PE H1B / green card
There are a lot of posts about recruiting for PE with H1B but not much info is out there on navigating through H1B and green card afterward. Understand there is likely only a handful of people who have gone down this path but would love to hear people's thoughts on the below and anything you think would be helpful to keep in mind.
- Do PE firms sponsor GC? If so, at what point would they do that?
- How to think about different options after associate program with only 1-2 years left on H1B?
Thanks a lot in advance!
Bump - curious too
Bump
My experience is that firms in general are more willing to sponsor you as you move up within their organization. Your superiors begin to view you as a key member of the team and want to invest in your growth, making GC sponsorship a nominal cost to pay in the grand scheme of things. If you have just a few years left on your visa, your best bet is to stick it out at your then-current firm, get your GC, and then decide whether you want to stay or leave.
Our PE group sponsored an intl. quant in 2019, inclusive of permanent residency. I do not know how common this is or which firm does/does not do this.
You do not need a visa or H1b in order to get a green card, but it is very unlikely that a firm will sponsor a random person without hiring them first on H1b or OPT at least.
bump please please can someone who has gone through this respond
bump - currently an analyst on h1b thinking about PE recruiting!!
In which year did you get your H1B? Did you put off recruiting for PE until you got your H1B?
got it 1st try so i was pretty lucky - this was before i started FT this past summer - at a BB
I believe h1b only lasts 6 years. So at the 4th/5th year of your h1b, the firm had to make a commitment to applying your GC. The application process itself is lengthy. Hope this helps.
Thanks! If your associate program is 2-3 years and out, you will on the 3rd / 4th year of H1B at the end of the program. If you lateral recruit for Sr. asso / VP roles, would firms be receptive to candidates that will require GC sponsorship pretty soon? Or is the best option to go to business school or work in corporate instead? Don't mean to put you on the spot but just wondering if you might have some perspective. This is very helpful and really appreciate it!
No worries. It is a sensitive item and I understand your concern. I would say if you are on a career track (2nd year Sr. Associate and onwards), the chance would be greater if they will sponsor you. Unfortunately, I would encourage to target a smaller firm where they don't have thousands of associates waiting for the job. Look, the cost of sponsoring you for a GC is not that much. It's like ~$20K if you don't use a big law firm but you have to prove to them that you are worth the money.
Also if you are Chinese or Indian, it will take a long time before your GC applications are “in the money”. Therefore, it is important to pick a firm that you think you can work with for an extended period of time.
Have not heard of associates getting GC sponsor. If on career track then yes they will and usually they are supportive
does this process differ for canadians?
Yes Canadians dont need to worry. I believe Australians have some special treatments too.
TN Visa's list of occupations doesn't include IB or PE though I believe. Understand that there's an "Economist" and "Management Consultant" label though.
Could you walk through how the work authorization process would work for Canadians?
Canadians might qualify for TN, L or E visa, depending on how the employer is incorporated or how they normally do things. Canadians also get the benefit of all other visas that are for either family or self sponsorship.
Australians have E3.
Canadians should, in theory, have an easier time immigrating to the US. But when it comes to immigration nothing is ever really "easy".
you don't have to be Canadian to qualify for L-visa though right? don't you just have to work abroad for the same firm for a year then get relocated back to the US?
any indian / chinese who have gone through this? Please.
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