Compare visas
L-1 vs EB-5
Both can serve a Chilean business owner who wants to operate in the United States. The L-1 needs a company present in both countries and a year working for it, and it is temporary. The EB-5 grants residence directly in exchange for a minimum investment in a business that creates at least ten jobs, with no prior company required.
These two categories differ on 9 of 10 criteria. The full table is below, but if you only have a minute, these are the differences that decide a case.
Where they part ways
What it is for
L-1 Transfer within the same company
EB-5 Residence through job-creating investment
Needs a sponsor
L-1 Yes, your own company
EB-5 No, the investment is yours
Annual cap
L-1 No cap
EB-5 7.1% of the annual employment-based total
Prior USCIS petition
L-1 Yes, Form I-129
EB-5 Yes, Form I-526E
Duration
L-1 L-1A up to 7 years, L-1B up to 5
EB-5 Permanent
Dual intent
L-1 Yes
EB-5 It is residence itself
Spouse may work
L-1 Yes, on an L-2
EB-5 Yes, derivative residence
Path to residence
L-1 Yes, EB-1C for executives
EB-5 It is the residence
Chile's position
L-1 No particular advantage
EB-5 None of the backlogs that affect India and China
Full comparison
| Criterion | L-1 L-1 visa | EB-5 EB-5 green card |
|---|---|---|
| What it is for The activity the category authorises. | Transfer within the same company | Residence through job-creating investment |
| Needs a sponsor Whether someone else has to petition for you. | Yes, your own company | No, the investment is yours |
| Annual cap How many are issued per fiscal year. | No cap | 7.1% of the annual employment-based total |
| Lottery Whether access depends on a random selection. | None | None |
| Prior USCIS petition Whether a form must be approved before the consulate. | Yes, Form I-129 | Yes, Form I-526E |
| Duration Initial term and cumulative ceiling. | L-1A up to 7 years, L-1B up to 5 | Permanent |
| Dual intent Whether you can pursue residence without risking the status. | Yes | It is residence itself |
| Spouse may work Whether your partner is authorised to work. | Yes, on an L-2 | Yes, derivative residence |
| Path to residence Whether it leads to a green card or is one already. | Yes, EB-1C for executives | It is the residence |
| Chile's position What being Chilean changes. | No particular advantage | None of the backlogs that affect India and China |
Figures verified on 2026-09-11
This table is general guidance, not legal advice or an eligibility assessment.
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