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The E2 Visa For Moving To The USA

DERREN JOSEPH:

I think that they may be based in Singapore, but can you talk a bit about the E2 visa, please? The E2 visa?

MIKE DYE:

Yeah, absolutely. So, the E2 visa is called the treaty investor visa, and it is a non-immigrant visa based on a quote, substantial investment in a business that you’re going to develop and direct in the United States. And this visa is actually a really, really good visa to have. It’s very flexible, but it’s only available for about 80 countries and you have to be a national from one of these 80 countries to actually be able to apply for this visa. And as I mentioned before, it’s called the treaty investor visa. And so that’s what that means. There has to be a treaty of trade or commerce between the United States and that other country to be able to apply for this visa. Singapore is one of those countries. So that’s great that you’re from Singapore, you can actually apply for the E2 visa, other countries in the region like Thailand, South Korea, Taiwan. They also can do so Australia, New Zealand now. So, a lot of opportunity in Asia to seek out this visa, the nuts and bolts of this visa are, as I mentioned, it has to be a substantial investment in a business in the US so this can be any type of business. There’s no restrictions on the sector or segment that you’re investing into. It can be a restaurant food and beverage outlet, hotel motel, any type of retail outlet, basically anything you can think of in terms of doing business. When you talk about the investment level, we generally recommend that E2 investments should be at least 150,000 or more. Generally, when you’re over 150,000, you’re on pretty solid ground. And the embassy is not going to give you much of a hard time, usually on questioning, whether that’s really substantial.

And then the higher you go, of course, you know, the, the more safe ground you’re on. We’ve done two investments from much less than that. I just wouldn’t recommend it because the government really wants to make sure that this is enough money to get your business up and running and it is substantial. You have to have a company registered in the United States. You have to have, or I would highly recommend that you have a physical office that’s outside of your home. The government doesn’t like home offices for doing business in the US and then the only other real requirement is that you have to have this business, provide a living for more than you and your immediate family.

And that means that you have to at least hire one or two people within the first few years. So, it’s got to give some type of employment to other people in the United States. But other than that, for flexibility a great visa, it’s a five-year of multiple entry visa, and you can continue to renew that visa indefinitely as long as your business keeps going. So, we’ve had individuals on E2 visas for 20 plus years. It’s just a great visa to have it resembles a green card in many ways, because of the flexibility and the in and out privileges. You don’t have to spend a certain number of days in the United States. So again, great visa. If you come from a country, that’s able to do that.

DERREN JOSEPH:

Okay. Wonderful. Thanks for that.

VOICEOVER:

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