As new and more sophisticated things rise on the horizon, people start to acknowledge the significant advantages of building or investing in a business in other countries, such as in the United States. Most of these individuals might already know that this undertaking requires risk and entails various complexities, especially for foreigners. Hence, it would not be a surprise if some did not succeed, considering that the odds might be against them, or it may perhaps be of the high qualifications needed. Let’s see everything you need to know about an E2 visa.
If you are interested to know how to pass being a foreign entrepreneur or an investor in the U.S., you may apply for an E2 visa. This type of visa allows you to start a business or invest in the United States businesses and work for that company. You can also find further information about the E2 in the E2 Visa Guide. But to give you some of the particulars, we’ll explore the nuances of the E-2 visa to at least have a guide on what you would need to know about it.
WHAT IS AN E2 VISA MEANS?
The E-2 visa is one of the most acquired visas among foreign nationals. It is applicable for those who want to invest in a company that is U.S. based or seek to build new business. But like any other method to qualify, it comes with a series of standards.
However, it would be best to remember that this visa is only available for those who live in the country with an E2 treaty with the United States. These countries include the Philippines, New Zealand, Australia, etc. Lastly, an E2 visa may last for five years, but this still depends on the country where you originally belong.
WHAT ARE THE REQUIREMENTS OF AN E2 VISA?
Like any other visas, the E2 comes with various criteria before living and working in the United States. To qualify for an E2 visa, you have to pass all these requirements, such as the country where you are a national must be part of the list of the treaty of the U.S., the applicant must show proof that they have a massive amount of investment or funds in U.S. businesses. It would be better if at least a $100,000.00 investment and your E2 business must be profitable; that is enough to accumulate profit to provide more than a living for you and your family.
WHAT ARE THE BENEFITS AND RISKS OF APPLYING FOR AN E2 VISA?
In applying for an E2 visa, you have to be aware of its underlying benefits and risks. One of the expected benefits that you might get from this is that it allows you to travel with your kids and spouse. Hence, you don’t have to worry about being far from your loved ones as you have the eligibility to be with them under the E2 dependents. Your husband or wife can apply for work in the U.S., where he or she has the chance to be a successful manager or executive in a company, and your children can also enroll in one of the prestigious schools in the United States.
However, one of the potential risks of this visa is you must prove that you already have a financial stake in a specific business in the U.S. Aside from this, you cannot use this as a mechanism to live permanently or having a green card. In other words, the E2 visa always has advantages and disadvantages. So you should know the two sides of the coin.
Applying for an investment visa comes with various difficulties, especially if you are a first-timer. It sometimes leads you to a longer route before you finally step into your goal. Hence, with the information given above, it will be your guide to have a better chance to qualify for an E2 successfully. Above all, you have to remember that you are not alone in getting this visa; you may ask for an immigration lawyer to help you further with all the necessities and difficulties you might experience along the way.