E-2 Visa
The E-2 visa is a great option for self employed people, entrepreneurs or foreign companies who want to create and develop a business in the United States. This visa category is very flexible, allowing an applicant to purchase an existing business, link ownership to an existing foreign company abroad or start a business from scratch. Another great asset is that ANY kind of business can qualify for an E-2. Lastly, the E-2 visa can then be renewed indefinitely as long as the company is functional and has US workers.
If you are a foreign national or company who wishes to own, manage or work at a foreign owned company in the United States, this option is for you.
Primary Eligibility Requirements for the E2
The United States must have an E-2 investment treaty with the applicant's home country. The company must be at least 50% owned by foreign nationals of the treaty country at inception and as long as E-2 visa holders work for the US company. Only nationals of this county may obtain an E-2 visa.
The company within the United States must be an operating commercial enterprise or ready to start operations
The principal applicant must have made substantial investment into the company (money/ intangible assets). Investment may also come from other lawful sources, US or foreign. No specific minimum dollar amount constitutes "substantial" but as a general matter, it must be enough to cover start-up costs with enough money left over to support the entity until revenue starts to flow.
The US company must show it will create employment for US workers. This cannot be a company of one person, rather it will hire directly or indirectly numerous US workers.
The principal investor will be responsible for the direction and development of the investment or else be doing this on behalf of the foreign parent company.
There are two E-2 categories for employees, who may also enter on the E-2 visa: executive or manager; or someone who has essential skills or specialized knowledge of the product or service offered.
Spouses and children under 21 are also eligible for the E-2 visa category. Additionally, spouses are allowed to apply for work authorization.
Examples of Successful Cases that Qualify for an E2
We have successfully filed initial and extension E-2 applications for a wide variety of companies ranging from IT start ups with venture capital funding and intangible asset contributions to entertainment entities and the trades. Examples include:
Software consultancies
IT start-ups of all kinds
Social media agency
Restaurants/bars/bakeries
Retail stores
Counseling/life coaching services
Construction companies
Real estate development
Architectural design
Sales/marketing companies
E-2 Application Procedures
Over the past twenty years, we have gained experience handling complex E-2 applications through a diverse range of US consulates abroad and also through submitting applications with DHS inside the United States. Our experience ensures that the applications meet not only the E-2 legal requirements but also the organizational and procedural demands of particular consulates.
We encourage E-2 applicants to work with us from the very initial business development stages. This planning can ensure that your vision and company will merit approval of the initial E-2 visa and importantly of renewals.
US consulates may issue E-2 visas for up to five years; and an E-2 visa holder is generally given two years of authorized stay in the US at each entry.
Green Card Procedures for E-2 Visa Holders
If the US company is linked to a foreign company and the applicant worked for at least one year at the foreign company prior to entry in the US, that applicants may be eligible for a green card through the E-2 company. Be sure to ask about this during our initial planning session!