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How does salary payment in U.S. dollars or foreign currency work on the L-1?

On the L-1 visa, salary is typically paid in U.S. dollars, but foreign currency conversion at the prevailing exchange rate is possible. Here is what to keep in mind to stay compliant.

Written by

Victoria Harper

Editor-in-Chief

Updated on July 12, 2026
1 min read
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In general, the salary of someone on an L-1 visa is paid in U.S. dollars, since that is the official currency of the United States and payment must comply with local labor and tax rules.

If the employment contract or the company’s internal policy provides for payment in a foreign currency or some form of conversion, this typically happens through an exchange rate: the equivalent value in dollars is calculated at the prevailing rate. As a result, fluctuations in the exchange rate can affect the amount actually received.

  • The standard in the U.S. is payment in dollars, the country’s official currency.
  • Conversions from a foreign currency follow the exchange rate at the time of payment.
  • The employer remains responsible for taxes, withholdings, and legal obligations.

Since labor and tax rules can be complex, it is worth confirming up-to-date guidance from official sources or with a specialist, both for the company and the professional, to avoid any assumptions without a case-by-case analysis.

Learn more about L-1

Type
Intracompany transfer
Duration
1-3 years
Extension
Up to 5-7 years
Processing
2-5 months
All about L-1

About the author

Victoria Harper

Editor-in-Chief

Meet the author

As a journalist and lead editor at Visto n’ Visa, Victoria helps ensure that immigration topics are covered in a clear, trustworthy, and easy-to-understand way. Her focus is on delivering useful, human, and relevant content for people exploring new paths abroad.

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How does salary payment in U.S. dollars or foreign currency work on the L-1?

On the L-1 visa, salary is typically paid in U.S. dollars, but foreign currency conversion at the prevailing exchange rate is possible. Here is what to keep in mind to stay compliant.

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