If you’re a foreign investor looking to start or expand your operations in the United States, one of the many routes that you can take to obtain a temporary, nonimmigrant status is the E-2 visa.
What Makes E-2 an Amazing Option
- There is no lottery involved, unlike the H-1B status.
- It’s available at any time of the year.
- Your spouse can also get a work permit.
E-2 Visa Qualifications
Here are some points for you to be qualified for this visa type:
- You’re a citizen of a country with which the United States has already signed a treaty of commerce and navigation. Check out this list of the Treaty Countries.
- The principal investor visa is for somebody who is coming to the United States to develop and direct the operations. It’s also for people who are coming to work in the U.S. as executives, supervisors, or other employees who have essential skills.
- You need to show that the company is at least 50% owned by people who are citizens of the same country that you are a citizen of.
E-2 Visa Extension
The E-2 visa can be extended indefinitely. There’s no limit to the number of renewals depending on what country your passport is from. That will also determine the length of visa that you’ll get and whether it’s a single entry or multiple entry. But most people typically get a five-year visa and every time you come to the United States, you’re allowed to stay for up to two years at a time.
E-2 visa is for those in the process, which means you’ve either already invested or you’re in the process of investing a “substantial” amount of capital in a business or a startup in the United States. There’s no magic formula for how much or how little money you can get away with investing. It’s based on the judgment, discretion, and subjective opinion of the visa officer making the decision.
With the E-2, You want to show how your business is going to be great for America and you’re going to create lots of jobs for Americans.
For more information and resources on how you can work around the E-2 visa application process, check out Immigration Law for Tech Startups podcast. If you’d like to listen, head over to 016: E-2 Visa for Founders and Employees.