How Long Is An E2 Visa Valid?
E2 Visa Valid
When the E2 visa is initially approved, it’s valid for up to two years with each entry. The visa is typically renewed as long as the investor continues developing the business in which they invested. The visa is also renewable indefinitely as long as the investor keeps the business active and maintains their US citizen or green card status.
In order to qualify for the E2 Visa, the investor must be a national of a country with which the United States has a treaty of commerce and navigation. The investor must also invest a substantial amount of funds in an existing or new bona fide enterprise. Generally, the investment must include the purchase of property such as land and buildings, technology, inventory and equipment.
The investment may also include the initial startup costs for a company such as marketing, salaries, intellectual property and professional services. In addition, the investor must demonstrate that the invested capital is lawfully acquired, owned and controlled. This means that loans are generally not an acceptable source of funds. The investor must also demonstrate that the investment is at risk for commercial purposes and will be subject to loss if the business fails.
How Long Is An E2 Visa Valid?
Often, investors use their E2 visa to buy an existing business. This way, the visa interview is easier as the business has been established and has a track record of success. However, it is possible to start a brand-new business and still qualify for an E2 visa as long as the investor can show that they are investing significant capital in a new, high-growth business.
When it comes time to extend an E2 visa, the investor must demonstrate that their business continues to be viable and profitable. They must also be able to show that they have made a reasonable projection of future growth and profitability. This is an important aspect of the visa because the government wants to see that the investment has a chance of succeeding beyond just providing for the owner and their family.
For those seeking to obtain an extension to their E-2 visa, they should plan ahead and submit the necessary paperwork well in advance of the expiration date. This will allow enough time to obtain the necessary documentation from the USCIS and schedule an appointment with the consulate.
If an extension is not possible, it is sometimes necessary to seek a change of status to a more permanent solution such as an H-1B visa, L-1 visa or O-1 visa. This can be a complicated process that requires an experienced attorney and will often require the services of a corporate immigration attorney to help prepare the required documentation. Overall, the E2 visa is a great option for those who want to invest in the United States and have the potential to create jobs that benefit the economy. It is not a path to citizenship but can be an excellent step on the path to a green card.