5 Surprising Facts About E-2 Visas
The E-2 visa is a popular option for foreign nationals who want to invest in a business in the United States. However, there are several surprising facts about E-2 visas that many people may not be aware of. Here are five of the most interesting and unexpected facts about E-2 visas:
- The E-2 visa is not just for wealthy investors.
Contrary to popular belief, you do not have to be a wealthy investor to qualify for an E-2 visa. The visa requires a “substantial investment” in a U.S. business, but the amount of the investment can vary widely depending on the type of business and the location. In some cases, an investment of as little as $50,000 may be sufficient to qualify for an E-2 visa.
- E-2 visas are not limited to certain countries.
Unlike other visa programs, there is no list of countries that are eligible for the E-2 visa. Instead, any country that has a treaty of friendship, commerce, and navigation with the United States is eligible. Currently, there are over 80 countries that have such a treaty, including Canada, the United Kingdom, Japan, and many others.
- E-2 visas can be extended indefinitely.
While many visas have strict time limits, the E-2 visa can be extended indefinitely as long as the business continues to operate and generate income. This makes it a popular option for investors who want to establish a long-term presence in the United States.
- E-2 visa holders can work for their own business.
Unlike other visa programs that require the holder to work for a specific employer, E-2 visa holders are allowed to work for the business they have invested in. This means that they have more flexibility and control over their work and career.
- E-2 visa holders can bring their family.
E-2 visa holders are allowed to bring their spouse and unmarried children under the age of 21 to live with them in the United States. This can make the visa an attractive option for families who want to relocate to the United States together.
In conclusion, the E-2 visa is a flexible and accessible option for foreign investors who want to establish a business in the United States. With these surprising facts in mind, it is clear that the E-2 visa is a viable option for a wider range of investors than many people realize.