The United States has entered into treaties among various nations across the world. The established diplomatic ties resulted in creating E2 visas, allowing investors from allied countries to put their money in any US company and run their businesses.
It is the foreign policy of the Federal Government to attract investors and boost their economy in the process. However, not all willing investors are lucky enough to get such a visa due to stringent requirements.
Consequently, applying for an investor visa requires careful planning and preparation. This E2 Visa Guide may provide you with correct and valuable information in your decision-making in a positive light.
What’s in it for me?
First and foremost, an E2 visa is a non-immigrant type that does not lead to permanent residency in the US. However, this Visa is peculiar because it is renewable, and the holder can stay in America for extended periods while the Visa is still valid.
Regardless, the Federal government enacted this E2 Visa to encourage investors to come. So, by nature, most foreign business magnates and entrepreneurs apply to expand their companies in American territories.
Upon the grant of the Visa, holders may enjoy the liberty of starting and running their businesses and reap the fruits of their investments to the US company they made prior investments. However, in his stay, he cannot apply to work in other companies aside from the benefitting company and his own.
Likewise, his spouse and children may also qualify for a dependent visa. As a result, his wife may request authorization to work, and his children may study in any school or university. However, provided that his children are below 21.
How to Qualify?
With such enticing privileges, it is understandable that the US immigration to enforce strict screening mechanisms. They are listed and explained below some notable criteria.
To be a citizen of a country, whom the US has agreed to have a treaty, is the essential criterion. In other words, there is a formal diplomatic tie between the two countries. Hence, the US government sees your country as an ally. Therefore you’re free to invest in their country.
Investment in a US Company
Since an E2 visa is an investor visa, it is a reasonable requirement that applicants invest in a stable US company. However, such an investment has no minimum or specific stipulations under the law.
However, your investment money is hefty enough to enable the development and operation of the business of such a company. Otherwise, if such a company drowns in bankruptcy, it ceases your Visa outright.
That’s why this part requires careful studying and projections, mainly which company you would invest in and how much. Consider the brand value, its market impact, and most importantly, profitability.
Business is Sustainable
One of the crucial criteria is that the business you invested in must stay and progress. Therefore, in a minimum of two years, your funded company must thrive and become successful in ensuring the renewal of your E2 Visa.
Furthermore, such a company has been aggressively involved in various commercial engagements, leading to expansion and becoming one of the outstanding businesses in a region or broader. But, more importantly, the company provides jobs with full-time status for at least five or more individuals, especially Americans.
Moreover, the money allotted for the business should stay in business and continue flow in operation. Thus, the holder may not use it for their needs. Therefore, the company should not appear as a means for the holder to survive in the US.
Intent to Leave
Finally, the applicant must demonstrate his intent of departing the US when the business venture has been completed or when the Visa expires. Unfortunately, many applicants fail to get an E2 visa because they fail to lay imperative circumstances to return to their home countries.
Besides, an E2 visa is still a non-immigrant visa.
The benefits and criteria show that critical features of an E2 Visa are suitable for large businesses or wealthy entrepreneurs. In addition, this Visa attracts foreign investors to contribute to the progress of their economy through tax collections and job creations.
Therefore, if you think you have a thriving business with its full potential on display, you may qualify for an E2 visa.