The investor visa is oftentimes referred to as an "E Investor Visa" and enables a foreign individual to conduct their business here in the US, provided the US has a commercial treaty with the person's country of origin and/or residence. Obviously, this must be conferred by the US. Although there is no limit as to how often an investor visa can be renewed, it must be reviewed on a regular basis (usually every few years).
What is required to obtain the visa?
In order to obtain either type of this visa, you must be willing to contribute or invest a certain amount of money into the US economy. The dollar amount involved is based on the type of investor visa you are attempting to obtain as well as the type of business you are trying to establish in the US. The spouse of the applicant and any child under the age of 21 years who is not married may receive a derivative visa, regardless of their nationality, so that they can accompany the principal individual.
E2 investor visa
The E2 investor visa enables an individual from a foreign country enter the US and work here based on some type of investment that they will control while they are inside the country. The E2 must be renewed once every other year but there is no limit as to the number of times it can be renewed. The individual must contribute to the economy of the US and be fairly substantial (it should normally exceed $50,000) whether they are investing in an existing or new business.
Establishing a small shop here in the US does not fulfill the monetary requirement. Additionally, an investor visa is only available to an individual provided their home country has a commercial treaty with the US. The amount of investment funds above is an estimated amount and the applicant should discuss this with an immigration attorney in order to get a better idea of what is required before they make any offers on a business. Additionally, the money invested should only be spent on the operation of that business.
EB5 investor visa
The EB5 investor visa was created in 1990 with the passage of the Immigration Act of that year. It will be ending in September, 2012 but up until then, an immigrant can apply for a green card in order to invest in the US economy. The monetary requirements of the EB5 are considerably larger than those of the E2. These requirements include:
o Creating or preserving at least 10 American worker's jobs (exclusive of the investor and their immediate family members). o Making a $1 million investment. o Making an investment of $500,000 in an underdeveloped rural area or areas where unemployment figures are extremely high and known as Targeted Unemployment Areas or TEA's.
This investment can be made to a group or 3rd party that manages investment vehicles or other types of investments or it can be made directly to an existing or new business that generates jobs.
Immigration Law - What to Expect at Your USCIS Interview (Adjustment of Status/Green Card Cases) Life-Saving Medical Treatment for Ailing Undocumented Aliens Is Available Why It Is Important to Use an Attorney When Immigrating to the United States Prohibited Activities on a Visitor's Visa Finding The Right Immigration Attorney Facing Deportation? An Immigration Attorney Is Your Best Bet
0 comments:
Post a Comment