Open a U.S. Business: Requirements for the E2 Visa
An E2 visa is a classification for countries with a United States treaty for commerce, enabling a qualifying applicant to live in the U.S., with the expressed reason for owning and running a qualifying business.
Here is a breakdown of what you need to know before looking for an E2 visa lawyer.
E2 Visa Advantages
First, you can either start a new business or purchase an existing one. Additionally, a business owner’s spouse and minor children can also obtain status, which allows them to live and work in the United States. That means you can realize your dream of opening a family-owned business.
Immigration may grant an E2 visa for up to five years, allowing you to travel to and from the U.S. legally. What’s more, the visa is renewable indefinitely, as long as the business remains open.
Make a Plan
The first thing is to check to ensure that you are coming from a treaty country so you can take advantage of the E2 visa. Then you need a solid business plan that details every aspect of goals, employees, and finances.
Review These Additional Requirements
The business must be at least 50 percent owned by someone from the treaty country
There must be a substantial investment, usually not less than $100,000
The company must be an active commercial or entrepreneurial enterprise
A speculative or idle investment does not qualify
Uncommitted funds in a bank account are not an investment
You must have control of the funds
Investment enterprises are not allowed
Another vital consideration is that the business must generate significant income or have an extraordinary economic impact.
Find E2 Visa Lawyers
Before you embark on the visa process, explore your E2 visa lawyer Los Angeles options and contact a firm with a good reputation who will answer your questions, help you file, and maintain federal regulations’ standards. If you’re from one of the many treaty countries allowed to do business in the U.S., get in touch with a visa lawyer to kick off the process.