International Clients Wanting to Start a Business in the U.S.
The E-2 Visa
- Allows foreign entrepreneurs to live and work in the U.S. through investment in a U.S. business.
- Spouse and unmarried children under age 21 may accompany investor to the U.S.
- Treaty Nationals only. Currently available to citizens of 82 countries. See a list of Treaty nations here (link the word “here” to https://www.immi-usa.com/e-2-visa-treaty-countries/).
- Usually granted in 2 to 5 year increments depending on treaty between the foreign country and the U.S.
- Renewable indefinitely as long as business continues.
- Must be citizen of the Treaty Country.
- Make a substantial investment in a qualifying business in the United States.
- Law does not specify minimum investment amount.
- In practice, should invest at least $100,000 and ideally $150,000+ to have a strong E-2 case.
- Smaller investments possible, depending on nature of business.
- May invest in new or existing business. We have access to both franchise start-ups and resales.
- Any type of business can potentially qualify, except home-based businesses.
- Ideal business for E-2 visa qualification should:
- Generate sufficient income to provide investor and family with comfortable living in the U.S.
- Create jobs for U.S. workers, usually at least a few employees, not including owner.
- Have physical business premises, such as a store, shop, office, etc.
- Be asset-based to demonstrate substantial usage of investment funds such as inventory, equipment, supplies, business premises build-out and/or renovation, etc.
- New business given reasonable time to reach profitability and job creation.
- Must prove lawful source of investment funds
- Savings
- Employment income
- Investment income
- Property sale
- Business sale
- Personal loan
- Gift from family or relative
- Inheritance
- Funds held in investor’s possession before invested in business.
- Must be actively operating for-profit business.
- Passive and speculative investments do not qualify.
- New business must be close to operating when submitting visa application.
- Must personally manage and operate the business.
- No minimum requirements but must demonstrate ability to manage and operate the type of business.
- Ability may be based on combination of education, training, and work experience.
- Any relevant education or experience is helpful.
- Apply at the U.S. Embassy in investor’s home country.
- Requires vasa interview
- Usually 1 to 3 months processing time
- Possible multiple entry visa
- Or apply for change of visa status directly in the United States.
- Process within the U.S. without leaving the country
- No interview. Decision based on paperwork only
- Usually 3-4 months processing time
- Expedited processing available
- No travel authorization
Other Options for Those not in Treaty Country
EB-5 Investment Green Card
- Minimum $1.8 million investment in commercial enterprise in the U.S.
- Amount may be reduced to $900,000 if business is located in high unemployment or rural area.
- Must create at least 10 new full-time jobs for U.S. workers within 2 years through direct employment.
L-1 Visa for Manager of Foreign Company
- Foreign company establishes subsidiary in the United States.
- Person worked for foreign company for at least 1 year with the last 3 years.
- Will work for U.S. branch or subsidiary in managerial capacity.
- U.S. entity should be engaged in related business to the foreign entity.
- Small companies have difficult time getting L-1 visa approval.
In any case, franchise system must meet the following requirements:
- Successful business model
- Tried and true system
- Training and support
- Marketing and business operations materials
- Franchise name recognition
If you are in need of a competent, experienced E-2 visa lawyer in the U.S., please reach out to me at jeff@franqb.com and I’ll get you in touch with one.