The E-2 visa is a non-immigrant visa designed for individuals who invest a substantial amount in a business within the United States. Understanding the classifications, benefits, and travel restrictions associated with the E-2 visa is essential for potential investors and their families.
Qualifications for E-2 Visa Applicants:
- Nationals of countries that maintain a Treaty of Commerce with the United States are eligible for the E-2 visa.
- Applicants must invest a significant sum of money in a US enterprise with genuine intentions to fully invest in the business.
- There should be no ulterior motives behind migrating to the United States under the E-2 visa category.
Duration and Extensions of Stay:
- Initially, investors and employees are granted up to two years of stay in the United States, with the possibility of extensions in increments of up to two years each.
- Non-immigrants under the E-2 visa category do not have a limit on the number of extensions that may be granted.
Investment Opportunities for E-2 Visa Holders:
- Foreign investors often choose to invest in various types of businesses, including franchises, consulting firms, restaurants, multinational companies, and purchasing existing businesses.
- It is crucial for foreign investors to have a well-prepared business plan and investment ready before immigrating to the United States.
Family of E-2 Visa Holders:
- Spouses and unmarried children under the age of 21 years old may accompany treaty investors and employees to the United States.
- Family members may also apply for and be granted the E-2 visa, with the same duration of stay as the primary visa holder.
- While E-2 visa holders are granted a two-year readmission period when traveling abroad, this does not apply to accompanying family members.
Travel Restrictions and Benefits:
- E-2 visa holders are not subject to travel restrictions as long as their visa remains valid.
- There is no limit on the duration of time spent outside the United States for E-2 visa holders.
- Benefits of the E-2 visa include the freedom to travel, the ability for spouses and children to work, legal employment within the chosen business, and two-year extensions.
The E-2 visa program offers foreign investors and their families an opportunity to invest in US businesses and potentially gain temporary residency. Understanding the requirements, benefits, and travel restrictions associated with the E-2 visa is essential for successful immigration under this category. For comprehensive information and guidance, it is advisable to consult with an experienced immigration attorney.
Disclaimer: This blog provides information and does not constitute legal advice or establish an Attorney-Client Relationship. Contact the law offices of attorney Ramona Kennedy for further assistance.
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