Benefits of the USA E2 Employment Second Preference Visa

The USA E2 Employment Second Preference visa is a non-immigrant visa that allows foreign entrepreneurs to enter and work in the United States. This visa is an excellent option for investors, executives, and other highly skilled workers who are looking to establish a business in the United States. In this article, we will discuss everything you need to know about the USA E2 visa.

First, it is essential to note that the USA E2 visa is only available to nationals of specific countries that have bilateral investment treaties with the United States. To qualify for the visa, applicants must be able to demonstrate that they have invested or are actively in the process of investing a substantial amount of funds in a US business.

Another essential aspect of the USA E2 Employment Second Preference visa is that it allows for the visa holder’s spouse and dependents to join them in the United States. The spouse of a USA E2 visa holder may apply for employment authorization and work in the United States while any dependent children of the visa holder may attend school in the USA on this visa.

To apply for the USA E2 visa, the applicant must submit a comprehensive business plan that outlines their proposed US-based investment project. The business plan should be detailed, provide technical specifications, and financial projections. Additionally, the applicant must provide evidence that they have obtained the required investment capital or are in the process of obtaining it. Overall, a successful visa application will show that the investment project is viable and will create employment opportunities in the United States.

The USA E2 visa is not a permanent residency visa, and as such, the visa holder must regularly renew the visa. The visa is typically granted for a period of two to five years, depending on the Immigration officer’s discretion. However, the visa holder may renew their visa an unlimited number of times, provided they continue to meet the visa criteria.

One of the advantages of the USA E2 visa is that there is no specific minimum investment amount required by law. However, the US government has generally set a benchmark of around $100,000 to $200,000 as the minimum investment. Additionally, the visa requires the applicant to have a controlling interest in the US business they wish to establish.

Investment Requirement:

1. Investor must be a national of one of the treaty countries (i.e., Pakistan is a treaty country) in order to be admitted to the United States.
2. The US Government does not specify a minimum amount for investment; however, the investment amount must be substantial i.e., the investment amount must be proportionate to the nature of business proposed.
3. Investor must own at least 50% of the enterprise or possess authority over operations through senior managerial position.

Benefits:

1. Establish, direct and operate the proposed business in the United States.
2. Spouse of E2 investor shall be granted E2 dependent visa through which he/she may obtain temporary work permit or employment authorization document (EAD).
3. Children under 21 years of age shall also be granted E2 dependent visa allowing them to attend school of their choice in the United States.

Visa Validity:

1. E2 visa holders shall be allowed a maximum of two years stay in the United States initially.
2. E2 visa holders may request for extension in visa and obtain increment of up to two years. (There is no maximum limit for the number of extensions).

Eligible Family Members:

1. Spouse
2. Children below the age of 21 years
   
   
   For more details please contact our senior immigration consultants and advisors.