How do I apply for an E2 visa

How do I apply for an E2 visa?

Writer: Manal Zafar

For investors and business owners wishing to launch a startup company, the E2 visa is a fantastic choice. You can start a business in the USA and work for it if you have an E2 visa. Certain steps must be followed to obtain an E2 visa as the founder of a startup. Individual investors or investment firms from countries with treaties with the US are eligible for the E2 visa.

What is an E2 visa?

The E2 investor visa is a non-immigrant visa for the USA. The E2 visa’s fundamental idea is that it enables an investor to run a US corporation after making a sizeable investment in it. You can enter the country on an E2 visa, open a business or buy one that already exists, and hire employees. You must be a citizen of a nation with whom the United States has an E2 treaty to obtain an E2 visa. You must also invest a significant amount of money in a US business.

What are the E2 visa requirements?

The following are the requirements to be eligible for E2 :

  • You must be a citizen of a nation with which the United States has an E2 treaty.
  • A sizable investment must be made in a US company.
  • The company must be a legitimate, operating business.
  • You can’t classify your company as a marginal enterprise.
  • You must put your investment money “at risk.”
  • Your investment funds must have been acquired legally.
  • The E2 company must be managed and developed by you.
  • You must intend to leave the country once your E2 status expires.

Step 1

Consult with an Immigration Consultant

Consult with an immigration consultant as soon as you start the E2 visa application procedure. Your specific circumstance might be examined by an immigration consultant to identify the best course of action. You might discover that there is a far simpler and better way for you to get the immigration benefits you want by speaking with an immigration counselor first.

Step 2 

Setting up your E2 Company

The next stage is to establish your E2 firm once you have spoken with an experienced immigration consultant and decided that an E2 visa is your best option. This step includes the formation of a company and getting an EIN.

Step 3

Opening a bank account for the E2 Company.

The next step after forming your business is to register a bank account for your E2 firm. To run the E2 business, you will require a business bank account. Additionally, a crucial part of the evidence required for your E2 visa application will be the bank records for your business bank account.

Step 4

Transfer investment funds into the bank account of the E2 Company 

Transferring your investment funds into the business bank account is the next step after setting up the company bank account. You must spend a significant amount of money with a US company to be eligible for an E2 visa. You should try to invest at least $100,000, even though the regulations don’t specify a minimum amount.

Step 5

Spending the E2 Investment Funds

You should start using the money as soon as it is deposited into the E2 business bank account to pay for inventory, supplies, equipment, marketing, and any other necessary business expenses. Your money must be “at-risk” and “irrevocably committed” to the E2 enterprise to qualify for an E2 visa. You should use the investment money to fulfill this need.

Step 6

Submitting the E2 Petition (Either Change of Status or Visa Processing)

You are now prepared to submit your E2 petition once your firm has been established and your investment money has been used.

The filling petition can be through two ways;

  1. Filling out an E2 petition through USCIS
  2. Processing of Visas at the US Consultant

Filling out an E2 petition through USCIS

Changing from one non-immigrant status to another is referred to as a change of status. You must be legally residing in the United States with a valid non-immigrant status to change your status. A change of status is not permitted for some non-immigrant statuses, including the ESTA. Form I-129 is used to notify USCIS of a change in status.

Form I-129 and all of your supporting documentation will be prepared and filed by your immigration consultant (company documents, bank statements, etc.)The entire procedure is carried out in the US. You are not compelled to visit other countries.

Processing of Visas at the US Consulate

You will need to go through the visa process of applying for a US visa at a US Embassy overseas if you are outside of the US at the time your E2 petition is filed. You must create and submit a Form DS-160 to process a visa. All of your supporting documentation will be organized and delivered by your immigration adviser to the US Embassy in your country of origin. After reviewing your supporting documents, the embassy will arrange a visa interview. The consular official may inquire about your investment, source of funds, etc. during the interview. Then you receive an E2 visa in about a week after completing the visa interview. You can travel in and out of the country with an E2 visa.

Conclusion

To sum up the discussion, the E2 application process requires details like applying for an EIN, setting up your bank account, getting funding, and then getting your E2 status done. However, if you can fulfill all the requirements you will eligible to get E2, Depending on the application filed for E2 you can run a risk of getting rejected for E2.

What type of Business is Eligible for an E-2 Visa?

Writer : Adeela Qayyum

 What kind of company qualifies for an E2 visa? is the topic that this post will cover. The answer to that question is important because many people wonder what kind of business they should invest in when considering applying for an E2 visa. The solution, though, is up to you. But frequently, people are unsure of the kind of business they want to invest in. You must invest in an active for-profit firm as one of the major conditions for the E2 visa.

An E2 Visa is required if foreign national wishes to invest in, launch, or expand their business into the United States. The E2 Visa is only available to nationals of a country with which the United States has a treaty and comes with the same qualifications and conditions as any other type of immigration. There is a way to still apply for an investor visa if you are a citizen of a non-treaty country.

The E2 visa is a unique non-immigrant visa that enables nationals of specific nations who have an E2 treaty with the United States to invest in a business in the United States. They can do this by purchasing an existing business or by investing in a brand-new startup company. They can obtain an E2 visa based on making that investment in order to live in the country and run their company. Therefore, coming to the US and having the chance to run and expand their own businesses there is a fantastic alternative for investors, business owners, entrepreneurs, and others.

The E2 Visa has become one of the most demanded by foreign nationals and investors since it offers the holder and their family a wide range of advantages, such as:

  •  In-state university fees apply to free education in public schools and colleges in the United States.
  • Holders of E2 visas may hire skilled personnel through sponsorship.
  • The visa may be extended forever as long as the company continues to operate.
  • Anyone in the United States may hire a spouse.
  • E2 visa holders are free from worldwide income taxation for up to 120 days when living in the United States.

Several investment options available to you under the E2 visa:

  • You may invest heavily into a franchise,
  • You may create your own new business.
  • You might invest in an already-running company,
  • You could run a cleaning service as part of your business, for example.
  • You might invest in a retail business where you offer a certain type of goods,
  • You might invest in a cafe or a restaurant.

You have a lot of possibilities when it comes to being eligible for an E2 visa. Because of this, a large number of investors experience “choice fatigue.” They are unsure on what to invest in.

How much money should I invest in this business?

The minimum investment required for an E-2 visa, although is informally set at $100,000 or more. It might be challenging to receive approval for anything less than $100,000, and you must demonstrate that you are making progress toward operational readiness at the time of application.

Making a sizable investment in your company is one of the essential criteria for obtaining an E2 visa. The regulations do not define what sum of money qualifies as considerable. At our law company, we advise at least $100,000 in investments, though investments for less than that amount may also be permitted.

Let’s say, for instance, that you wish to open a restaurant. Building and opening a restaurant can be highly expensive. For someone who wants to open a restaurant, there is plenty of room to invest money. In contrast, it may be challenging to determine where to make significant investments for a service-based organization like a tutoring firm.

Keep in mind that not every business is the same. Some firms just require an investment of $100,000 to get them up and running. Figuring out how you’re going to spend money in other industries, though, might be difficult.

What type of business should I invest in?

Ask yourself, what are my interests and what do I feel comfortable doing?  What else do I believe has a good possibility of success or that I may reasonably expect to succeed in? These are crucial questions to ask yourself since you need to demonstrate that your company is substantial especially when you want to extend and renew your E2 visa. our company cannot be a marginal enterprise for the purposes of an E2 visa (one that only provides enough income for the E2 investor and their family).

You must prove that your company is not a minor enterprise when it’s time to renew your E2 visa. Your company needs to achieve some amount of success in order to do that. As a result, while selecting an option for your E2 visa business, you want to pick a venture that you are confident in and that you will like.

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