The E-2 visa, also known as the Treaty Investor visa, is a temporary nonimmigrant visa category that allows individuals from certain countries to enter and work in the United States based on a substantial investment in a U.S. business. The E-2 visa is available to nationals of countries that have a treaty of commerce and navigation or a bilateral investment treaty with the United States.
To qualify for the E-2 visa, the applicant must meet the following requirements:
Nationality: The applicant must be a citizen or national of a country that has a qualifying treaty with the United States. A comprehensive list of eligible countries can be found on the website of the U.S. Department of State.
Investment: The applicant must have made a substantial investment in a bona fide U.S. enterprise. The investment must be substantial in relation to the total cost of purchasing or establishing the business. While there is no minimum investment amount specified by law, it is generally expected that the investment should be significant and sufficient to ensure the successful operation of the enterprise.
Ownership and Control: The applicant must demonstrate that they have control or possession of the funds invested, and the investment must be at risk in the commercial sense. The applicant must also demonstrate that they are actively involved in the management of the enterprise or have the ability to develop and direct the business.
Source of Funds: The applicant must provide evidence of the lawful source of the investment funds. The funds must be obtained through legal means, such as personal savings, business earnings, or loans.
It’s important to note that the E-2 visa is a nonimmigrant visa, which means it grants temporary stay in the United States. However, E-2 visa holders can generally renew their visas indefinitely as long as the qualifying investment and requirements are maintained.
The application process for the E-2 visa involves several steps. The applicant must submit a Form DS-160, pay the necessary fees, and schedule an interview at a U.S. embassy or consulate in their home country. During the interview, the applicant will need to provide documentation supporting their eligibility for the E-2 visa, including the investment plan, business registration documents, financial records, and a comprehensive business plan.
Upon approval, the E-2 visa holder can enter the United States and engage in the approved investment activity. Dependents, including spouses and unmarried children under 21 years old, can also accompany the E-2 visa holder and may be eligible for work authorization.
It’s important to consult with an experienced immigration attorney or seek professional guidance to ensure compliance with all legal requirements and optimize the chances of a successful E-2 visa application.
In conclusion, the E-2 visa is a temporary nonimmigrant visa that allows nationals of certain treaty countries to invest in a U.S. business and work in the United States. By meeting the eligibility criteria and making a substantial investment, qualified applicants can pursue business opportunities and contribute to the U.S. economy while enjoying temporary residency in the country.