E Visa

The E-1 / E-2 visas are non-immigrant long term visas granted to an alien who is a national of a country with which the United States maintains a treaty of commerce, and who wishes to invest in the U.S. or carry on substantial trade between the U.S. and his/her country. Such an applicant is known as a Treaty Foreign National (TFN).

E-1 : Treaty Trader
Issued to Beneficiary to allow him/her to engage in import/export of merchandise or specialized skills between a treaty trader country and the United States. The time period of the visa depends upon the country of origin.

E-2 : Treaty Investor
Issued to Beneficiary to allow him/her to invest or be in the process of investing, in a commercial venture, where he/she has to put in a certain amount of capital. The time period of the visa depends upon the country of origin, but varies from 1 to 5 years.

General Information

E-1 Visa

Purpose:
An E-1 visa is granted to an alien seeking entry into the U.S., and wishes to invest in the U.S. or carry on substantial trade between the U.S. and his/her country

Countries with Treaties for E-1 Visas
Argentina, Aruba, Australia, Austria, Belgium, Bolivia, Bosnia and Herzegovina, Brunei, Canada, China (Taiwan), Colombia, Costa Rica, Croatia, Denmark, Estonia, Ethiopia, Finland, France, Germany, Gibraltar, Greece, Honduras, Iran, Ireland, Israel, Italy, Japan, Korea, Latvia, Liberia, Luxembourg, Macedonia, Mexico, Netherlands, Netherlands Antilles, Norway, Oman, Pakistan, Paraguay, Philippines, Poland, Serbia Montenegra, Slovenia, Spain, Suriname, Sweden, Switzerland, Thailand, Togo, Turkey, United Kingdom, Yugoslavia, Wallis & Futura Islands, Western Sahara.

Requirements:
i) he/she must carry out ‘substantial trade’ defined as the ‘exchange, purchase or sale of goods and/or services’. Goods may be tangible commodities or merchandise having intrinsic value. Services are economic activities whose outputs are other than tangible goods. Such service activities include but are not limited to banking, insurance, design and engineering, transportation, communications and data processing, advertising, accounting, management consulting, tourism and technology transfer.
ii) the trade must be principally (i.e. more than 50%) between the U.S. and the applicant’s country.
iii) the applicant must have the nationality of a country that belongs to the treaty.
iv) the trade is already in existence.
v) the applicant must be in an executive or managerial position or have special skills relating to that field.
vi) the applicant confirms that he/she intends to depart the United States when the E-1 status ends.

Duration of Visa:
The time period of the visa depends upon the country of origin.

Description:
The E-1 / E-2 visas are non-immigrant long term visas granted to an alien who is a national of a country with which the United States maintains a treaty of commerce, and who wishes to invest in the U.S. or carry on substantial trade between the U.S. and his/her country. Such an applicant is known as a Treaty Foreign National (TFN).

E-2 Visa

Purpose:
An E-2 visa is granted to an alien seeking entry into the U.S

Countries with Treaties for E-2 Visas
Albania, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bangladesh, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Cameroon, Canada, China (Taiwan), Colombia, Congo (Brazzaville), Congo (Democratic Rep. of the), Congo (Rep.), (Kinshasa), Costa Rica, Croatia, Czech Republic, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Gibraltar, Grenada, Haiti, Honduras, Iran, Ireland, Italy, Jamaica, Japan, Jordan, Kazakhstan, Korea, Kyrgyzstan, Latvia, Liberia, Lithuania, Luxembourg, Macedonia, Mexico, Moldavia, Mongolia, Morocco, Mozambique, Netherlands, Netherlands Antilles, Norway, Oman, Pakistan, Panama, Paraguay, Philippines, Poland, Romania, Russian Fed., Senegal, Serbia Montenegra, Slovakia, Slovenia, Spain, Sri Lanka, Surinam, Sweden, Switzerland, Thailand, Togo, Trinidad & Tobago, Tunisia, Turkey, Ukraine, United Kingdom, Uzbekistan, Yugoslavia, Wallis & Futura Islands, Western Sahara

Requirements:
i) He/she wishes to ‘develop and direct operations of an enterprise in which he/she has invested or is actively in the process of investing a substantial amount of capital’.
ii) The investment must be substantial, i.e. the amount must be enough to establish or purchase an ongoing business. In addition, there are certain proportionality tests that have to be met. This requires the alien to invest from 100%(in cases where the business enterprise costs less than $75,000/-) to 50%(in cases where the business enterprise costs more than $500,000/-).
iii) The funds must be ‘at risk’, i.e. must be applicant’s own personal funds and not belong to a third party, and collateral for a loan must be signed on a personal basis by him/her.
iv) The applicant must have the nationality of a country that belongs to the treaty.
v) The investment must be in a real and operating commercial enterprise that is already in existence, or he/she is actively in the process of establishing.
vi) The investment is not marginal, i.e. the applicant must have an outside source of income, other than the money he/she has invested in the said enterprise, to enable him/her to sustain him/herself during the first few years of the investment.
vii) The applicant must be able to operate and manage the business or have special skills relating to that field.
viii) The applicant confirms that he/she intends to depart the United States when the E-2 status ends.

Duration of authorized stay in U.S.:
The time period of the visa depends upon the country of origin, but varies from 1 to 5 years.

Description:
The E-1 / E-2 visas are non-immigrant long term visas granted to an alien who is a national of a country with which the United States maintains a treaty of commerce, and who wishes to invest in the U.S. or carry on substantial trade between the U.S. and his/her country. Such an applicant is known as a Treaty Foreign National (TFN).

General Information:
Persons holding an ‘E’ visa may reside in the United States as long as they continue to maintain their status with the enterprise. This means that the visa may be renewed indefinitely as long as the trade or investment is in effect.

Persons holding an ‘E’ visa may bring their immediate family to reside with them in the U.S. and the children may attend school or university without having to obtain a separate visa.

Work Authorization for Spouses
The President has signed into law a new immigration bill H.R. 2277. This will allow spouses of E visa holders to work while they are in the United States. Currently, spouses are allowed to accompany the principal visa holder for the length of their assignment, but are banned from working. The new rule will come as a welcome measure to many as most families depend on a dual income.

Leave a Reply

Your email address will not be published.