E2 Visa Requirements
An E2 visa is an excellent opportunity for those outside the United States looking to enter the country by investing in a company. To qualify for this visa, you must meet specific requirements to receive approval of your application.
WHAT IS AN E2 VISA?
An E-2 visa is a type of investor visa that entrepreneurs can use to establish themselves and their business in the US. It's one of the fastest visas available, allowing you and your family to come to America and start your business in as little as three months (and sometimes even less). The company can be a new business venture, or it may be a franchise of an existing company, but it must be one into which that investor has placed substantial capital. The E2 visa makes it possible for those who want to improve their quality of life by moving to the U.S.
These visa holders may work legally in the United States, as well as travel freely in and out of the country. If the invested business remains active and the visa holder meets the requirements, an E2 visa can be renewed every two years. E2 visa holders can also bring their spouses and dependents under the age of 21 with them.
The E2 visa allows those who can invest capital into business opportunities for legally entering and working in the United States.
KEY E2 VISA REQUIREMENTS FOR INVESTORS TO QUALIFY
There are several requirements to qualify for an E2 visa. The person requesting the visa must have a substantial investment in the company for which he or she will be working. There is no exact amount required for the E-2 visa. The USCIS states it must be a "substantial" amount, to learn more about the minimum capital requirements click here.
The applicant must have at least 50 percent ownership of the business, and it must also create job opportunities once in operation.
Your application process will require you to submit:
- Tax returns
- Licenses to do business
- Assignment of an IRS Employee Identification Number
- Lease agreements
- Utility bills
- Payroll summaries and quarterly wage reports
- Organizational business chart
- All financial statements
These items help prove that you are investing in a legal endeavor. You may also need to submit other forms and files depending on the type of business in which you are investing.
REQUIREMENTS FOR TYPE OF BUSINESS
An E2 visa applicant may invest in either a new business venture or a franchise, if you meet the qualifications for ownership. Investing in a franchise can give you more opportunities because you will be working with an existing business that can provide support, resources, and a business plan to keep your franchise thriving. AdvantaClean offers everything E2 visa candidates need for a successful application and franchise.
The investor’s home country must have a Treaty of Trade and Commerce with the United States. E2 visa countries that currently hold this treaty in North, Central, and South America are:
- Costa Rica
If you are from another country that does not hold the relevant treaty with the U.S., you may still be eligible for an EB-5 Green Card, which has different application requirements.
DO I NEED A BUSINESS PLAN?
You may submit a business plan when applying for an E2 visa. It is not required, but it can help improve your chances of approval because it shows the relevant details of your investment, such as how your company will create job opportunities.
At AdvantaClean, we don’t just work to improve the lives of our customers; we want our investors and employees to be successful, too. That’s why we have opened opportunities for those seeking to enter the United States with an E2 visa.
We’ve helped multiple investors with visa applications. Not only do we provide you with a proven business plan, but we also have the resources to help increase the chances that your application and any subsequent renewals are successful.
Call (877) 800-2382 today or go online to AdvantaClean Franchise and learn more about franchise ownership with an industry-leading restoration franchise. One of our franchise licensing advisors will be happy to answer any questions you have and assist you with evaluating whether franchise ownership is right for you.