Foreign nationals of specific nations can enter the United States under the non-immigrant treaty visa, the E2, to invest in and manage businesses. Depending on the applicant’s nationality, the visa is normally valid for up to five years and may be extended at any time.
The E2 Visa is a treaty-based visa, which means that only certain nationals of nations on the treaty list are eligible to apply. It is somewhat exclusive in that applicants from nations not on the list are not eligible. But you must have a business plan. You can E2 business plan service for the same.
Let’s now look at the benefits of an E2 visa.
- Relatively high rates of approval.
For citizens of a wide range of treaty nations, including several European nations, the E-2 visa is a desirable U.S. visa choice. As long as you match the requirements, the E-2 can be a rather reliable alternative, with the government-posted acceptance rate now at 89%.
- Less investment is required than for an EB5 green card.
For investors, one of the most popular immigration options is the EB5 investment-based green card. However, many people cannot afford the standard investment sum of $1 million ($500,000 in a targeted job location). On the other hand, an investor-entrepreneur can obtain an E-2 visa with an investment of up to $100,000. To determine the optimum investment amount for your business, speak with an expert attorney.
As a route to permanent residency, the EB5 pathway undoubtedly has advantages over the E2 visa, a non-immigrant visa. Additionally, an EB5 investor is not obliged to actively participate in running and managing the company. However, the E-2 could be a wonderful option to invest in, manage a business, and live and work in the United States.
- Path to permanent residency
Since the E2 Visa is a non-immigrant visa, it cannot be used to get a green card or citizenship. However, applicants may transfer to an EB5 from within the United States and receive a green card if their company keeps expanding and they recruit enough people. This route enables investors to stay in the U.S. while their EB5 application is being processed, which could take many years, depending on the investor’s nationality.
- Adding family members
The ability to bring your spouse and children under 21 with you is one of the incredible advantages of the E-2 visa. Furthermore, your spouse is qualified to submit a work authorization application and is free to work anywhere in the U.S. The primary E-visa beneficiary’s employment is limited to online businesses.
- There are no requirements for a degree.
The strict educational requirements for non-immigrant work visas like the H1B and T.N. visas are among the biggest roadblocks for people looking for ways to work in the United States. A bachelor’s degree or more is required for the H1B, and many T.N. visa jobs have similar requirements.
In contrast, the investor-business owner is not required to have a specific educational background to be eligible for the E-2 visa. They only need a business plan crafted by E2 business plan service to prove that they can run a business. Small business entrepreneurs in non-academic industries like retail, transportation (trucking), construction, the arts or design, etc., can greatly benefit from this.