Everything You Need to Know About E2 Visa
For many different reasons, people from all over the world desire to visit the United States. However, obtaining entry to the US through visas or green cards can be challenging- particularly for the uninitiated.
All foreign nationals wishing to relocate to the United States should determine which type of visa is the most appropriate for their circumstances. You can contact E2 business plan service if you need a winning business plan for your E2 visa application.
In this article, we’ll go into the specifics of the E-2 visa, a well-liked choice for foreign businesspeople seeking to settle in the United States. We cover the fundamental requirements and some subtler aspects of applying for an E-2 visa. You can think of this as your comprehensive guide on anything E-2 visa-related:
What is E2 Visa?
An E-2 visa is a type of investment-based visa that belongs to the “E” family, to put it simply. E visas are only available to applicants from nations with which the United States has trade treaties. Additionally, the E-2 visa particularly covers foreign nationals managing “substantial” investment in a U.S.-based business.
E-2 visas can be awarded for up to five years (depending on the applicant’s place of citizenship) if applied for at a Consulate or two years if applied for in the USA. Still, they can be renewed forever if the applicant meets all requirements and the company is active. E-2 visas are nonimmigrant visas, not green cards, and can only be converted to an Eb-5 Investment visa to obtain a green card. If not, you will need to permanently meet residency requirements through family, a job sponsorship, an intercompany transfer, asylum, or winning the DV lottery.
E2 Visa requirements
The business owner must be a citizen of a treaty nation to be eligible. More than 70 nations and the United States have trade agreements. Anyone from these non-American nations can purchase stock in an American company. They can start a new business or invest in an existing one. The investor may have partners but must own a controlling interest. As already mentioned, the applicant must write a business plan. You can seek E2 business plan service if you are not sure about how to go about it.
According to the federal government, the individual must invest a sizeable sum of money in the company. A person can obtain an E-2 visa with as little as a $15,000 ownership interest, though the minimum amount varies.
However, obtaining an E-2 visa without investing at least $100,000 or $150,000 is typically challenging. Visas may be granted for various businesses, each demanding a different capital sum. The quantity of the investment is what the government deems to be the startup capital for a new company.
To start, some businesses will need to make more purchases than others. You must possess both undeveloped land and company equipment to be eligible.
The company must show that it can operate. Additionally, the applicant must own or rent the premises on which they will conduct business.
The applicant must make all necessary investments before filing the visa application. It is insufficient to demonstrate dedication to the company’s functioning by adding money to a company bank account.
Under the E-2 visa, the foreign investor only has one option for employment. The applicant may only work for the business that sponsored their application.
The most crucial need is for the investor to participate in company’s management. The applicant must typically demonstrate that they will manage the business. Otherwise, the government will question the requirement for the person to reside in the United States.