USMCA: What NAFTA 2.0 means for Businesses with Employees on the TN Visa
On November 30, 2018, President Trump signed the new U.S.-Mexico-Canada (USMCA) trade agreement at the G20 Leaders’ Summit in Buenos Aires, along with Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau. Now that a consensus regarding NAFTA’s replacement has been officially reached, employers may be concerned as to how this will affect their ability to retain high-skilled employees that are sponsored under the TN visa.
Essentially, nothing in regard to TN visas will change right now. USMCA still awaits a long path of strict deadlines and procedural requirements to go into effect under U.S. law. Politico has graphed out a helpful graphic of this timeline HERE.
If you have Canadian or Mexican employees on TN Visa that you would like to keep long-term, it would be a good idea to start looking at possibly switching to a dual intent visa. A dual intent visa would allow you to petition for employment based permanent residency for your valued employees, to ensure that future changes to NAFTA do not cause you to lose them.
For information on an upcoming H-1B Visa or Permanent Residency Training, by one of our Global Mobility Attorney Trainers, click HERE.
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The information provided here does not constitute legal advice. It is general information regarding law and policy that may be applicable to your particular HR issue or legal problem. Information provided in this blog, or any of our other public posts, does not create an attorney-client relationship. For specific advice you can rely upon, please contact your attorney.