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panying, or following to join, the alien's spouse or

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1 such Act if the labor certification is approved. In applying

2 such section 203(b)(2) with respect to such an alien, the pri-

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parent.

3 ority date shall be the date the application for labor certifica-

4 tion was filed.

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5 SEC. 206. TRANSITION FOR Employees of cERTAIN UNITED

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STATES BUSINESSES OPERATING IN HONG KONG.

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(a) ADDITIONAl Visa Numbers.—

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(1) Treatment of PRINCIPALS.-In the case of

any alien described in paragraph (3) with respect to

whom a classification petition has been filed and ap-

proved under subsection (b), there shall be made avail-

able, in addition to the immigrant visas otherwise

available in all of fiscal years 1992 through 1994 and

without regard to section 202(a) of the Immigration

and Nationality Act, up to 15,000 additional immi-

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grant visas, of which not more than 7,500 may be

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made available in each of fiscal years 1992 and 1993.

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(2) DERIVATIVE RELATIVES. In the case of

any alien who is the spouse or child (as defined in sec-

tion 101(b)(1) (A), (B), (C), (D), or (E) of the Immi-

gration and Nationality Act) of an alien entitled to im-

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mediate issuance of a visa under paragraph (1), visas

shall be made available without regard to any numeri-

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cal limitation under such Act or this section if accom-

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(3) EMPLOYEES OF CERTAIN UNITED STATES

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BUSINESSES OPERATING IN HONG KONG.—An alien

is described in this paragraph if the alien—

(A) is a resident of Hong Kong and is em-

ployed in Hong Kong (and has been so employed

during the 12 previous consecutive months) as an

officer or supervisor or in a capacity that is man-

agerial, executive, or involves specialized knowl-

edge, by a business entity which (i) is owned and

organized in the United States (or is the subsidi-

ary or affiliate of a business owned and organized

in the United States), (ii) employs at least 100

employees in the United States and at least 50

employees outside the United States, and (iii) has

a gross annual income of at least $50,000,000,

and

(B) has an offer of employment from such

business entity in the United States as an officer

or supervisor or in a capacity that is managerial,

executive, or involves specialized knowledge,

which offer (i) is effective from the time of filing

the petition for classification under this section

through and including the time of entry into the