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E-2 Visa vs. EB5 Visa: Understanding the Key Differences
For those seeking to live and work in the United States, the E-2 and EB5 visas are two popular options to consider. However, they differ significantly in their requirements and outcomes. Let’s explore the main differences between these two visa types.
The E-2 visa is a treaty investor visa, open to individuals from any of the 79 countries that have ratified a Commerce and Navigation treaty with the United States. It allows foreign investors to legally enter the US and manage their business ventures. A notable advantage of the E-2 visa is the absence of a minimum investment requirement. However, it’s recommended that applicants have $100,000 to $150,000 in liquidity to strengthen their E-2 visa application. E-2 visa holders can bring their spouse and children to reside, work, and attend school in the US, with no limit on their stay duration as long as the visa remains in good standing. The processing time for an E-2 visa varies, ranging from 2 weeks to 1 year, depending on the approach.
On the other hand, the EB5 visa is an investment-based visa that necessitates a minimum investment of $1,050,000 for standard EB-5 investments and $800,000 for investments in Targeted Employment Areas. While the investment requirement is higher, the EB5 visa offers the opportunity to obtain permanent residency in the US, leading to a green card and potential citizenship. The entire process of obtaining a Green Card through the EB-5 visa may take 4 to 6 years.
Choosing between the E-2 and EB5 visas depends on individual circumstances, investment goals, and desired outcomes. If you’re a small business owner seeking a shorter-term solution, the E-2 visa may be more suitable. However, if you prefer a more hands-off, investor-based path to permanent residency, the EB5 visa could be the ideal choice.
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