The program is open for all with no quota on applications, unlike the H1-B Visa. No minimum investment is required under the program. No job offer or sponsorship is needed for the L1 applicants. There is no requirement of an academic degree to apply for the program. Attain five or seven years of long-term residency in the USA and achieve permanent residence in the due course. Bring your spouse and dependents with the provision of an L2 visa.