Who Typically Uses the E2 Investor Visa?
Who Typically Uses the E2 Investor Visa?
There is a growing demand for investor visas nowadays for business owners or managers that have an interest in developing their enterprises in the United States. The enterprises could be startup businesses, sold out current American corporations or selling real estate properties. The E-2 is a temporary visa accessible to an alien who hails from a country that has a treaty with the United States. The program works on the basis of “No treaty, no visa” type of criteria.
In applying for an E-2 visa, it permits you to buy entry into the United States without necessarily “immigrating.” The visa is mainly issued for five or two year periods depending on the business depth display one presents. As long as the enterprise records profit huge enough to sustain the business and support the investor’s family, the visa will be renewed indefinitely. Notably, the visa covers the investor’s spouse and children under the age of 21.
For one to qualify for the visa, specific criteria must be met. The E-2 investor attracts people who want to purchase a franchise or small enterprise in the USA. Real estate investors are also part of the lot attracted to this visa program most of whom want to retire in America while doing business. Recalling from the boom in the real estate industry in the United States currently reflects the stronger economy in stronger states such as China, Colombia, and Russia. The state is further influenced by the drop in the value of many properties based in the United States during the real estate crash in the 2007-2008 period. Many investors from other countries have purchased homes, apartments, land, enterprises in a span of the last few years. Since the program is long lasting, more investments from foreigners are perpetuated to continue in the coming years.
The E-2 treaty investor visa allows citizens of certain countries to stay in the United States through an investment based in the United States. It is permitted on the ground that the investor requires more direct contact with the enterprise. The treaty permits owners or developers of the new or purchased business from a treaty country that has at least 50% or more ownership of a significant United States employment-creating investment.
Moreover, the visa applicant has to be a citizen of a country that maintains treaties of commerce and navigation with the United States. These countries are namely; Argentina,Mongolia , Australia, Austria, Bangladesh, Senegal, Belgium, Tunisia, Bulgaria, Cameroon, Canada, Colombia, Costa Rica, Czech Republic, Democratic Republic of the Congo, Ecuador, Egypt, Ethiopia, Finland, France, Georgia, Germany, Grenada, Honduras, Ireland,Slovak Republic, Italy, Jamaica, Japan, Kazakhstan, Korea, Kyrgyzstan, Liberia, Armenia,Luxembourg, Mexico, Moldova, Morocco, Turkey, Netherlands, Norway, Oman, Pakistan, Panama, Paraguay, Philippines, Poland, Republic of Congo, Romania, Spain, Sri Lanka, Suriname, Ukraine, Sweden, Switzerland, Thailand, Togo, Trinidad & Tobago, United Kingdom, and Yugoslavia. Any of the countries mentioned above are allowed to apply for an E-2 visa.
An E-2 visa holder can invest or trade in virtually anything. Moreover, the applicant should be in a position to demonstrate or represent a project or business that will employ at least three or four people. Most projects with investment capital and reserves of between $100000 and $200000 get approvals, but with luck and impressive displays, some investments of less than $100000 also get approved.
It should be noted that investors developing their projects must come to the United States as business visitors before earning approval with the Treaty Investor visa. E-2 visas are categorized as nonimmigrant visas. Once a developer can qualify and enter the United States via the E-2 visa, they can look for other opportunities and apply for green cards and eventually citizenship. According to the treaty, the developer has to place the capital funds in the hands of a bank which is then instructed to hold the funds until the visa is approved.
Some other minor considerations that you may take into account if you want to apply for an E-2 visa should be the ability to work for yourself as an E-2 visa holder of the specific E visa business. The E-2 visas are extendable for as long as the E visa enterprise is fully operational. In most cases, the E-2 visas are mainly issued in five-year period increments. In the case you have children in your E visa status, they will need to find another status once they turn 21 years of age. The visa holders and dependents are permitted to study in the United States. E-2 visa holders can escape being subjects to worldwide taxation by arranging their affairs while not being forced to live in the United States any specific period.
If you meet all the criteria highlighted in the E-2 visa program, then it is the right choice for you. You could also seek step by step advice from RunRex.com professionals on how to acquire the visa.