USA BUSINESS IMMIGRATION :
There are several categories of visas for businesses and businesspersons to seek US entry through. Each category has its own background, requirements and obligations and even the process of these visa categories is different from one another. The most popular of these categories are described below:
E2 (Treaty Investor Visa) :
This visa category is for investors who are looking for establishing their own business set up in the US either by investing in an existing business OR starting a new business on their own. Since its title itself mentions investment, there is no point that an E2 Visa may be tried without investment in the US. The amount of investment for E2 visa, the best business for E2 visa, whether E2 visa can be applied from inside the US and whether it is better to apply for E2 from within the US or outside the US are the general questions asked by the clients and for everyone’s easy knowledge we have collected this information below. However, we will begin these details with the requirements and process for E2 Visa.
E2 Visa Requirements :
Investment Capacity of the Applicant:
The applicant must determine his/her own ability of investment and only then start organizing this case. Without this determination, it is not possible to decide which business to do in the US and where.
Business Type:
The proposed business must be a qualifying business for E2 visa because the success of E2 visa does not lie on bigness of a business rather on its suitability.
Business Volume:
Where at some point it is necessary to highlight the business volume, it is still not primarily intended to bring forward the income of the business rather it is about the operations of the business and the number of people that run this business.
Applicant’s Share in the E2 Business:
The applicant must own majority of the shares of the proposed business in the US in order to qualify for E2 visa
Location of E2 Business:
The applicant should choose to do business at his choicest location in the US because not only that he will be living there but will also be investing his financial interest in that place. His comfort with the location is therefore very important for the smooth operation of the business.
E2 Visa Process :
The process of E2 visa beings with the above order of meeting the requirements and then the below steps are followed:
Business Set Up:
The proposed business (whether acquired or newly set up) has to be brought in the applicant’s ownership OR commitment of ownership (in the case of business purchase) while starting the process of E2 visa.
Investment into E2 Business:
The committed investment amount must be transferred into the US and must be fully and irrevocably committed with the proposed business there. Without investment transfer E2 visa is highly likely to be unsuccessful.
Plan for E2 Business and its presentation:
After the set up and investment into the E2 business, the real plan of the business is to be brought in presentable form for submission to the visa officer along with the E2 Application. The business plan must be well-researched and must qualify the standard set for the E2 visa
Compilation and Submission of E2 Application
The E2 Application (which comprises of various forms, personal documents, business and investment proofs and research etc. has to be prepared as per the guidelines of the US Immigration Authority and must be submitted under the given protocol. This submission of application and its successful acceptance for processing leads to the visa interview
E2 Visa Interview:
After about 2 weeks of E2 Application submission, the Applicant is given appointment for E2 visa interview which gets him the visa decision
Cost of E2 Visa Application :
While the costs may vary for E2 Application for different applicants and different businesses, the following are deemed to be the most involved costs in the E2 visa process:
Business Search / Business Acquisition / Business Set Up Cost:
Starting from the first step of the process (mentioned above) the first cost applying is for business search (to a researcher), then business acquisition (to a broker or lawyer) and business set up (again to a lawyer or business management company). At M.I.S – Legal, we offer all these services at one place therefore our clients comfortably get all these services here, of course at a very convenient price. The official cost (i.e. the ones payable to any govt authorities during business set up or business acquisition are of course separate)
Business Plan Cost:
Being a competent immigration law firm of its kind, M.I.S – Legal offers research services also for the business plan for E2 visa application and therefore our clients don’t have to look for a researcher to help them separately. Where we can search you or set you up a business in the US, we can also organize all details around that business for your own understanding as well as for the presentation to the visa officer.
E2 Visa Application Preparation Charges:
These charges belong to the preparation of various technical application forms, the organization of several documents of the applicant(s) and the compilation of entire application as per the standard of E2 visa as described by the US authorities. An untidily prepared visa application may be returned to the applicant without processing no matter how big its nominated business is OR how otherwise good the applicant is. The application must meet the requirements of presentation or else it is simply given back to the applicant. Of course, there is an official visa fee to be paid at the time of submission.
Other costs:
There may be additional costs to the above process, and this may include investment transfer charges, escrow agent charges (if applies) and other procedural costs.
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