Foreign investors
who invest a substantial amount of
capital in a U.S. enterprise, and
who will develop and direct the enterprise,
may apply for E2 visas if their country
of citizenship has the required treaty
with the U.S.
If the investor
is inside the U.S., he or she may
apply to the U.S. Citizenship and
Immigration Services (USCIS, formerly
the Immigration and Naturalization
Service) for a change of status, extension
of stay, of change of employment.
The E2 category does not require a
petition for employment if the investor
is outside of the U.S. In that case,
the investor may apply for the E2
visa on his or her own behalf directly
to a U.S. consular office abroad.
The investment
involved must place lawfully acquired,
owned, and controlled capital at commercial
risk with a profit objective, and
be subject to loss if the investment
fails.
The visa application must be filed
with evidence that:
- The investor
is a national of a country with
whom the USA has the requisite treaty
or agreement;
- The applicant
(or in the case of an employee of
a treaty investor who seeks classification
as an E2, the owner of the treaty
enterprise) will direct or develop
the enterprise. The applicant must
demonstrate that he or she controls
the enterprise by showing ownership
of at least 50 percent of the enterprise,
by possessing operational control
through a managerial position or
other corporate device or by other
means;
- The investor
has invested in or is actively in
the process of investing in the
enterprise;
- The investment
is substantial, i.e. sufficient
to ensure the investor's financial
commitment to the successful operation
of the enterprise and big enough
to support the likelihood that the
investor will successfully direct
and develop the enterprise;
- The investment
enterprise is not a marginal enterprise;
- If the
applicant is not the principal investor,
he or she must be employed in an
executive or supervisory capacity,
or possess skills that are highly
specialized and essential to the
operations of the commercial enterprise.
Ordinary skilled or unskilled workers
do not qualify; and
- That the
applicant intends to depart the
United States upon the expiration
of E2 status.
Spouses and unmarried children under
age 21, regardless of nationality,
may receive derivative E visas in
order to accompany the principal alien.
Family members may be students in
the U.S. while remaining in E2 dependent
status and spouses may apply for work
authorization with the USCIS.
Holders of E visas may reside in the
United States as long as they continue
to maintain their status with the
enterprise.
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