November 15, 2024
The American dream isn’t new. Many people strive to live it, and as entrepreneurial opportunities pop up, they want to give it a try. However, it begins with the process of ideation about the business but most often fails at the business visa. They struggle to understand its requirements and, therefore, the dead end. Well, you can succeed if you get to know it better and also have the best immigration consultant services with you. You need them to help you get through the business immigration via E2 visa. What is it, and what process is required? We will get answers to it in this article.
So, let’s dig deep into it and make your immigration to the USA smooth and simple.
First, Understand the E2 Business Investor Visa
The business immigration visa, known as the E2 business investor visa, is a non-immigrant visa that allows foreign nationals to enter the U.S. to invest in and operate a business. Individuals who want to work in the United States by creating or investing in a business may qualify for an E-2 investment visa.
The E-2 visa is a unique visa that allows people from certain nations to live and work in the United States.
Key Requirements for E2 Visa
To be eligible for this visa, you must fulfill the following requirements.
- You must be a national from one of the other nations that are eligible for E-2 visas.
- You have “irrevocably” invested money and/or assets (that were under your ownership and control) in the U.S. firm or are actively in the process of investing.
- The U.S. business is a legitimate, for-profit operation;
- The business has “substantial” investments in terms of money and assets.
- The US business will do more than just generate income for the investor and his family.
- You are coming to the United States to be a Manager/Executive for the US business (being a passive investment will not qualify you).
- When your E-2 status expires, you plan to depart the United States.
While not all countries are eligible, company owners and investors in those that are may be eligible provided they meet a number of requirements. Employees, spouses, and children of the main visa holder may also be eligible for a visa.
Yes, Most entrepreneurs may easily understand the E-Visa requirements, particularly if they have previously owned and operated a firm. And, while the rules apply to practically every firm an investor wishes to start, some businesses lend themselves to a simple E-Visa application.
E-2 Visa Cost: What is the Minimum Expense?
There is no minimum investment amount for a business immigration visa via E2 visa, but the lower the cost of the firm, the greater your commitment as a percentage of the entire cost.
For example, a small service business may require a higher investment percentage than a capital-intensive one.
Furthermore, your firm must be more than just a source of income for your family; it must have the potential to generate considerable economic benefits. In short, you must have a substantial investment amount for it.
In most circumstances, the investment should be at least $100,000 USD, though it could be less.
The cost of getting business immigration via E2 will cost you two main expenses:
- Investment Cost: This is the amount of money you invest in your US business, which can be a new venture, a franchise, or an existing organization. There is no minimum amount, but the investment must be substantial enough to demonstrate your commitment to the firm.
- Application Cost: This includes government filing fees, which have gone up as of April 1, 2024. Depending on your situation, you could also have to pay for professional services such as lawyers or business plan writers.
The E2 Visa Process: How to proceed further
The E2 visa application process can be complex and time-consuming, as any USA immigration consultant would tell you. But it is better to know a few steps beforehand. Here’s a general overview of the steps involved:
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Check the Validity of your Passport
Unless otherwise specified by country-specific accords, your passport must be valid for at least six months beyond your stay in the United States. If it is not, you must obtain a new passport before filing for a visa.
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Should have a Detailed Business Plan
When applying for business immigration, you need to plan. Create a detailed business plan outlining your investment, the nature of the business, and your role in its management. Ensure you cover all the details and have done proper homework to avoid any issues.
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Visa Application with the Right Documents
Submit a visa application along with the required documentation, including your business plan, financial documents, and proof of treaty country citizenship.
The basic documentation required for a US visa are:
- Passport and DS-160 Confirmation Page.
- A 2×2 inch (5×5 cm) photo taken within the last 6 months with a white background.
- E-2 Visa Petition (Form DS-156E)
- Business Plan
- Proof of Investment and Ownership
- Proof of nationality
- Personal Financial Documents
- Spouse and Children documents (if applicable)
Note: you can get more details for specific visa documentation from your business immigration consultant.
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Interview & Visa Approval
Attend an interview at a U.S. consulate or embassy to discuss your business plans and immigration intentions. The USA visa consultant can always guide you on. So, once approved, you will receive an E2 visa, which allows you to enter the U.S. and start your business.
Live a Dream in the US with Consult Saha
While the requirements for business visas may appear simple, some applicants apply without the assistance of an immigration lawyer, believing that they can handle the process themselves.
The papers and processes required to get a US Business Visa for a foreign beneficiary properly are extensive and typically require legal knowledge.
We at Consult Saha have helped thousands of people successfully enter the United States with our immigration consulting services, and we can help you, too.
So, if you need complete guidance on applying for a business immigration visa to the US via E2, reach out now.