Table of Contents
- E-2 Visa Requirements
- What is an 'Investment'?
- Substantial Amount of Capital
- Bona Fide Enterprise
- Treaty Countries
- EB-5 Immigrant Investor Program
- E-2 Application Process
- US Attorney's Advice
E-2 Visa Requirements
The E-2 Investor must meet the following qualifications to qualify for the E-2 visa:
1. Treaty Country - Be a national (citizen holding a valid Passport) of a country with which the United States maintains a treaty of commerce and navigation.
2. Invested in US Enterprise - Have invested, or be actively in the process of investing, a substantial amount of capital in a bona fide enterprise in the United States.
3. Seeking to Develop the Investment Enterprise - Be seeking to enter the United States solely to develop and direct the investment enterprise. This is established by showing at least 50% ownership of the enterprise or possession of operational control through a managerial position or other corporate device.
What is an 'Investment'?
An Investment is the treaty investor's placing of capital, including funds and/or other assets, at risk in the commercial sense with the objective of generating a profit. The capital must be subject to partial or total loss if the investment fails. The treaty investor must show that the funds have not been obtained, directly or indirectly, from criminal activity.
Substantial Amount of Capital
A Substantial Amount of Capital is defined as follows:
- Substantial in relationship to the total cost of either purchasing an established enterprise or establishing a new one.
- Sufficient to ensure the treaty investor's financial commitment to the successful operation of the enterprise.
- Of a magnitude to support the likelihood that the treaty investor will successfully develop and direct the enterprise. The lower the cost of the enterprise, the higher, proportionately, the investment must be to be considered substantial.
Bona Fide Enterprise
A bona fide enterprise refers to a real, active and operating commercial or entrepreneurial undertaking which produces services or goods for profit. It must meet applicable legal requirements for doing business within its jurisdiction.
Note that a 'Marginal Enterprise' is not allowed. A marginal enterprise is one that does not have the present or future capacity to generate more than enough income to provide a minimal living for the treaty investor and his or her family. An investment will not be considered Marginal if the enterprise has the capacity to generate such income within five years from the date that the treaty investor's E-2 classification begins.