The Difference between E1 and E-2 visas
For those that are considering gaining access to the U.S, two reasonable options are the E-1 and E-2 visas.
What is an E1 Visa?
This is a type of visa that permits persons or employees to gain access to the U.S with the sole aim of doing international trade.
When I, Martin Lawler, talk of Trade, I am speaking in terms of banking, services, or goods. As an expert in the field of E1 and E-2 visa applications, I have been asked if there is a restriction on the amount of trade that can be done, and the answer is ‘no.’
What the US is interested in is the number of transactions over its total value.
When a person applies for an E1 visa, it usually covers his or her close relatives like unmarried kids that are below the age of twenty-one, as well as a legal spouse. The visa holder’s spouse can work within the United States and the children have access to the educational system.
What are the Requirements for an E1 Visa?
To get the E1 visa, you are expected to do at least fifty percent of the trade volume between both the US, as well as the treaty nation.
Before an applicant can get the E1 visa, he or she must have shown that there is the intention of carrying out substantial trade, though there is no strict definition of what constitutes this trade.
For one to get this visa, the person must be a citizen of a treaty nation. Usually, the trade can either be physical goods or nonphysical services like insurance, communication, banking, journalism, and so on.
The fact that this is an E1 visa doesn’t mean that the person won’t be required to show similar terms expected of other visas. For example, you will have to prove that you have the intention of going back to your country once the visa expires.
What is an E2 Visa according to Martin Lawler?
This is also called the Treaty Investor visa, and it is part of a visa that belongs to those from countries with certain treaties with the U.S.
The E-2 visa is designed to allow those that have enough financial resources to gain access to the U.S. and make tangible investments. As an expert in the field, I, Martin J Lawler, have noticed that a lot of people that are eligible for E-2 visas have been turned down because they made a mistake in their application. There are some things that have to be noted if you want your application to be successful.
Having the E2 visa comes with many benefits, though you may not have access to Green Card.
One major advantage of meeting the E-2 visa requirements is the fact that you can have your visa extended as long as the business exists and the other requirements are met.
What are the E-2 visa Requirements?
Before an investor can be given the E-2 visa, he or she must show that the reason for wanting access to the country is to operate and develop a business. This can be proven if they have a controlling stake of the company. What we mean by a controlling stake is that they should own at least fifty percent of the company they plan on managing. If they don’t have this, they should show that they occupy a major managerial position in the company’s operations.
It is important to note that not every business is considered an investment when an E2 visa is concerned. What this means is that if you invest in real estate, you won’t be given an E-2 visa because it is marginal, and doesn’t have a risk of losing the capital or making a profit for others.
What is considered an investment when E2 visa requirements are considered is that the business should have the risk of losing the capital. Also the funds must have been earned in a legal manner.
When you decide to make an investment, Martin Lawler advises that it be done in either a new or previously existing company. Whatever investment that is done, note that it can’t be used solely to create a job for solely one person, but must employ at least 5 people.
The investment should be substantial enough to indicate that the business has potential to stimulate the U.S. economy as well as create jobs for U.S. citizens.
The investment must come with its own property, meaning that it can’t be run from the home of the investor.
Significant Differences Between E1 and E2 Visa Requirements
There are some differences that occur between the E1 and E-2 visa requirements, and we will discuss them below.
For you to apply for an E1 visa, you are expected to be the citizen of the nation that you are applying from. What this means is that the country you are applying from must have a treaty with the U.S, and you must be a citizen of that country.
The U.S. is interested in creating jobs and economical stimulation from whatever trade you propose. About fifty percent or more of the trade should be done between that treaty nation and the U.S.
As for the E-2 visa, you need to be interested in investing in an existing or new company in the U.S that’s not marginal in nature.
One major difference has to deal with the nature of the treaties. It is known that the E1 visa is meant solely for traders, and this is reflected in the requirements drafted out by the state department. It is expected that the international trade carried out should be large and continuous. It is not to be done within the United States only but between the U.S. and the treaty country.
For those that are vying for the E2 visa, it is expected that the investment within the U.S. is substantial and promises future growth. When the investment is complete, it can’t be revoked, and it should be deemed enough to run a business operation successfully.
If you have the intention of getting Intl the country, either through E1 and E-2 visas, it is advisable to get an expert like Martin J Lawler to manage the applications for you to prevent any form of error, as these will lead to delayed application times, or rejection.