E-2 visas are available only for citizens of countries who have treaties with the United States. The list of these countries is available here. E-2 visa is known as Treaty Investor visa and it is available to individuals purchasing an existing business in the United States or establishing a new one. It is also available for companies owned 50% or more by nationals of a treaty country that are making an investment in the United States. Such companies can obtain E visas employees of the same treaty country nationality to manage such business or to work in a supervisory or “essential” capacity.
A business you invest in must be a real and operating commercial enterprise. Idle investments in land, stocks or real estate that are held for potential appreciation in value do not qualify.
No. This is a very common misconception. Only funds that are either already spent (e.g., for rent payments, salaries, renovations, purchased equipment and inventory, advertising costs, etc.) or “irrevocably committed” funds are considered invested. Irrevocable commitment is, for example, the payment for purchasing an existing business that is placed in escrow account. Simply put, funds that you can get back after receiving a visa would not count as investment.
There is no magic number, but the amount must be high enough to demonstrate your serious financial commitment to the success of your enterprise and the likelihood of such success. Different consulates have different policies and practices regarding investment amounts. The size of the business is also highly relevant. For smaller businesses, the investment amount must be sufficient to cover startup costs of your enterprise, meaning that you need to invest close to 100% of the required startup capital before making an application. For larger investments, investment of a portion of startup capital may be sufficient to secure a visa. This is known as “proportionality test.”
“Marginal” businesses that cannot provide more than “minimal living” for an investor and his/her family do not qualify for E-2 visas. While there is no strict requirement to employ others in the business, it is certainly expected and recommended that you either have employees at the time of making an application or present a detailed business plan demonstrating your intent and ability to start hiring in the foreseeable future.
Probably, but you have to be in a position to develop and direct the enterprise. Usually this ability is demonstrated through controlling interest (at least 50%). In some case, you can also demonstrate it through managerial control. Another option is to consider the enterprise itself a corporate investor and apply as its employee. In this scenario, the people of the same treaty nationality as you must own at least 50% of the enterprise (note that dual U.S./treaty country nationals or U.S. permanent residents are counted as Americans for this purpose).
Yes, if the ownership structure of your company changes. You’ll need to speak to an immigration attorney to develop the best strategy.
You may lose your E-2 status in this situation, so it is extremely important to consult with an immigration attorney and consider alternative visa options before the deal is made.
No. E-2 visas are for investors who control the enterprise and are in the United States with the sole purpose to develop and direct their business.
No. If you’re an individual investor, your sole purpose in the United States must be to develop and direct your U.S. enterprise. If you are an employee of a company-investor, this is the only company you can work for in the United States.
You need to consult with an immigration lawyer to avoid unauthorized employment.
The proposed employment must be executive, supervisory or “essential.”
The duration of your stay in the United States will depend on your country of nationality, the range is from 2 to 5 years. Note that E visa can be extended indefinitely, as long as your business or your job continues to satisfy visa requirements.
Either an employer or an employee (or both) can request the initial consultation with our firm to determine the eligibility for H-1B, identify potential “red flags” (if any), discuss whether the proposed position satisfies “specialty occupation” requirements, and decide on the best strategy.
Employer and employee provide responses to our firm’s questionnaires and document checklists, which include a preliminary position description, information on actual wages paid by the employer to other workers in the same occupation, the employee’s educational credentials and work experience (if relevant), as well as all other required information.
Our firm reviews the provided documentation carefully and ensures that the position description and the worker’s qualifications are consistent with the H-1B requirements. We also analyze the actual wage data and obtain the prevailing wage for the position (including the occupational category and the appropriate level), to ensure compliance with the wage requirements. After that we obtain the Labor Condition Application from the Department of Labor and prepare all required compliance documentation (“Public Access File”). We then prepare the required immigration forms (Form I-129 with supplements) and the support letter for the petition, send to the employer for review and signature, and then file it and all required documentation and filing fees with USCIS.
USCIS will review the petition. Most cases prepared by our firm are approved after the initial review but sometimes USCIS requests additional evidence before making final decision. In the past year and a half, USCIS has become especially strict in adjudicating H-1B petitions but our firm has thus far been able to maintain near 100% approval rate (although we cannot guarantee the same outcome in any specific case). USCIS initial review with premium processing (additional filing fee of $1,225) takes 15 days. Premium processing is optional and it is not always available for “lottery” cases. Without premium processing, the USCIS review may take several months.
If the employee is in the United States and requested “change of status” or “change of employer,” he or she will be able to start working for your company right away. If the employee is abroad, he or she will have to apply for a H-1B visa at a U.S. consulate outside of the United States (usually in their home country), and only after the issuance of such visa will that person be able to come to the United States and start working for your company. For “lottery” cases, the earliest start date is October 1 or the approval of the petition, whichever is earlies. Please read more about change of status and consular processing of visas in our “Common Visa-Related Issues” section.
Please remember that post-approval changes in H-1B employment may affect both the employer’s obligations and the employee’s status. We will always be there to answer questions about possible changes in the employee’s job, corporate structure, office location, etc. We ask our clients to keep us appraised of any changes before they occur, so that we can provide proper guidance.