Israeli lawmakers recently made the first move to enable Israeli investors—whether companies or individuals—and their employees to live and work in the U.S. under the E-2 Visa for Treaty Investors.
The State Department has yet to set a date when Israeli citizens can begin filing E-2 visa applications. The Alcorn Immigration Law team is keeping tabs on the E-2 visa for Israelis. Currently, Israeli citizens can apply for an E-1 Visa for Treaty Traders.
E-1 and E-2 Details
E-1 and E-2 visas are only available to citizens of countries with treaties of trade and commerce with the U.S. The State Department maintains a list treaty countries. Israeli citizens are eligible for E-1 visas thanks to a U.S-Israel treaty in effect since 1954.
The Obama administration laid the groundwork for E-2 visas for Israelis in 2012. That’s when the U.S. signed a bilateral investment treaty with Israel, a global tech and startup hub. That treaty required Israel to provide a similar immigration status to American investors in Israel.
However, implementation of the E-2 for Israelis stalled because Israel had not created an equivalent provision for American citizens to invest in Israel and obtain work permits. That issue was finally resolved recently when the Israeli parliament created the B-5 investor visa for American citizens.
We Can Help
The Alcorn Immigration Law team closely monitors all immigration developments. We can help you, your company, your employee, or your family identify the best immigration options. Contact us to set up a strategy session.