B1 Visas financial definition of B1 Visas
B1 Visa (redirected from B1 Visas)
A visa granting the holder permission to enter the United States for business purposes. For example, a foreigner may procure a B1 visa in order to conduct a business deal with a client.
References in periodicals archive
A probe by the Department of Homeland Security and the State Department concluded that Infosys used easy to get B1 visas
, which are meant for short business visits, to bring an unknown number of its workers to the United States for long-term stays, the people were quoted as saying.
US authorities have been investigating Infosys since 2011, for allegedly using visitor visas or B1 visas
, instead of mandated H1B visas, to send an unknown number of its employees for long-term business visits to the US.
The BEP applies to B1 visas
and can be used to send people to the United States for short-term assignments such as client meetings, training events, or sales presentations.