What are the Differences Between the E-2 Visa and the EB-5 Visa?
Both the E-2 Visa and the EB-5 Visa permit foreign nationals to invest in a US business. The EB5 Visa is an immigrant visa that is not restricted to treaty countries. The following are the key differences between the E2 Visa and EB5 Visa.
- Must be a citizen of a nation with whom the United States has a trade and navigation treaty.
- Must invest a substantial amount of capital, or be in the process of investing a substantial amount of capital, in a legitimate enterprise in the United States.
- Does not require the investor to create a minimum number of jobs.
- Does not have a nationality requirement. Citizens from any country can apply for an EB5 investor visa.
- Requires a minimum amount of $800,000 invested in a new firm located in a targeted employment area.
- Must be capable of creating 10 full-time jobs for qualified Americans in the new business entity.
What are the Differences between the E-2 Visa and the H1-B Visa?
The E-2 Visa is a nonimmigrant investor visa intended for citizens of countries that has a treaty agreement with the United States. The H-1B is one of the nonimmigrant visas that is based on employment for foreign workers in the United States. The differences between the E2 Visa and the H1-B are the following.
- Must be from a country that has a treaty agreement with the United States.
- Must have invested or is in the process of investing a considerable amount of capital in a legal U.S. business.
- Must seek entry into the United States in order to create and manage the investment firm.
- Requires the applicant to have a job offer from a U.S. firm for a specialty-required position.
- Requires the applicant to have a Bachelor’s degree or its equivalent.
- Needs sponsorship from a U.S. employer.
How Long Can I Stay in the US with an E-2 Visa?
The E-2 Visa is valid for 3 months to 5 years depending on the country of origin. The E2 Visa can be extended indefinitely.
Can I Work on an E-2 visa?
A foreign investor or employee can only engage in the activity for which his or her E2 categorization was granted. There are conditions that the parent firm must meet.
- Relationship is established between the organizations;
- Employment in a subsidiary capacity necessitates executive, supervisory, or essential abilities.
- Other terms and conditions of employment remain unchanged.
An E2 employee can work for the parent firm or a subsidiary of the treaty organization.
Can an Immigration Lawyer Speed Up the Process of an E-2 Visa?
No, an immigration lawyer (attorney) cannot speed up the E2 Visa process. What an immigration lawyer (attorney) does is provide comprehensive services for migration, citizenship, business immigration issues, and the process for obtaining work. An Immigration Attorney helps avoid issues that can cause delays in your E2 Visa application.
Though it depends on each investor’s interest in terms of the type of business. An investor could opt for investing a substantial amount in Multinational corporations or buying Franchises, restaurants, consulting business or purchase an existing business. As long as a substantial investment is made in the business by the investor it can qualify. As mentioned above some of the popular businesses are franchises/restaurants/consulting businesses which will help the US economy. Also see the U.S. Department of Commerce website SelectUSA
E-2 visa is a dual intent Visa. A dual intent visa allows a foreign national to have two intents, one to enter the United States as a non-immigrant i.e. on a temporary basis while also having the option of remaining in the US permanently through an immigrant visa category.