Commonly known as the intercompany transferee visa. The key to this visa is that: (1) a U.S. company has a qualifying relationship with a foreign company (parent company, branch, subsidiary, or affiliate, collectively referred to as qualifying organizations) and is currently, or will be, doing business as an employer in the United States and in at least one other country directly or through a qualifying organization, and (2) the beneficiary must have been working for a qualifying organization abroad for one continuous year within the three years immediately preceding his or her admission to the United States and is seeking to enter the United States to provide service in an executive or managerial capacity for the U.S. entity or one of its qualifying organizations. The two companies must continue to exist, with virtually the same corporate structure, throughout the validity of the visa.