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An E-2 Visa is a Visa Classification that is available for foreign nationals who wish to live in the U.S. to develop and direct the operations of a business. The business can be large or small and an E-2 Visa is a great Visa option for those who want to start a business. In order to qualify for the Visa, applicants must meet specific requirements.
The E-2 Investor Trader Visa is only available to people from the countries that the U.S. has a Treaty with. You must invest funds that you have obtained from a lawful means. The U.S. Government does not have a predetermined amount that they consider substantial.
Your investment & business cannot be marginal and you must intend to return to your home country after expiration. This is not a difficult test to meet and all you must do is sign a document that indicates you plan to return home once your visa expires. Unlike many other visas you do not have to show any ties to your home country like a home there.
The EB5 visa category is available to foreign nationals who invest $1 million in a new enterprise that employs 10 US workers, not including the immigrant, the immigrant’s spouse, or the immigrant’s children. The amount of the investment only needs to be $500,000 in a targeted employment area. A “targeted employment are” is a rural area or other designated area where the unemployment rate equals 150 percent of the national average.
There is a also an Immigrant Investor Pilot Program. The Pilot Program established the creation of Regional Centers to focus investment in geographic areas. The pilot program was recently extended until September 30, 2012. The minimum investment amount in a Regional Center is $500,000.
To be initially eligible for the alien entrepreneur classification, an alien must met the following:
Establish a new commercial enterprise:
1) In which the alien will engage in a managerial or policy-making capacity; and
2) In which the alien has invested or is actively in the process of investing the amount required for the area in which the enterprise is located, and
3) Which wil benefit the US economy, and
4) Which will create full-time employment in the US for at least 10 US citizens, permanent residents, or other immigrants who are authorized for employment.
A successful EB5 applicant will receive a 2 year conditional green card and then must later apply to remove the conditions.
MY LAW, LLC Immigration Law Firm
1700 Park Street, Suite 203 Naperville IL 60563