How To Determine The Amount You Need To Invest For An E-2 Visa
The E-2 visa is a visa category for investors from treaty countries who want to start a business in the United States. After determining that you are from a treaty country, the next thing you need to consider is how much you need to invest for an E-2 Visa.
What is the Minimum to Invest for an E-2 VisaThere is a common misconception that the minimum amount you can invest for an E-2 visa is $100,000. This is quite untrue and has no legal backing. Unlike the EB5 visa, the E-2 visa does not have a minimum investment amount.
Instead, the amount you need to invest is determined relative to what it costs to start your business. Some types of businesses are capital intensive while others are not. The amount of funds you need to invest in car manufacturing will be way more than the amount you need for a tech startup.
Your investment has to be SubstantialSo, if what you need for your business is you, your couch, and your 6-year-old laptop, you do not need a lot of initial capital to qualify for an E-2 visa. This should not get you excited though. The US government wants your investment to be substantial enough for you to remain committed to its success. If your only major investment is your 6 year old laptop, then you might not get approved because you have little to lose.
A lot of my previous clients who think that their business does not require a lot of initial capital are usually surprised at how much they need when they add up the various costs. Traditionally, to form an LLC, you need to get a business attorney, pay state registration fees, and other expenses.
Your company would need to buy a computer or two. You will need to hire the services of a professional business plan writer. You might also need to get a designer to help you with setting up your website and making promotional videos. When you add up all these costs, you would have a strong case for a substantial E-2 investment.
Your proportion of the investment fundsAnother factor that determines your E-2 application is the proportion of investment that comes from you, the E-2 visa applicant. If you are investing with a group of other people, your investment needs to be substantial.
Generally, the higher the amount required to start the business, the lower should be your own share of the investment. So, if the funds you require to start the business is $500,000 it would be best if your proportion is more than 50%. On the other hand, if the funds require to start the business is $50,000 then all the funds have to come from you.
If you want to apply for an E-2 visa along with other partners, you should plan your investment. This is to prevent a situation where the investments of your partners water down your proportion, ultimately denying you an E-2 visa.
You probably have more to the question of how much you need to invest for an E-2 visa. It would be best if you speak to an immigration attorney to consider your options.