Can I Get an E-2 Visa To Startup A New Business?

Can I Get an E-2 Visa To Startup A New Business?


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An E-2 visa can be issued to anyone who starts or purchases a  business in the U.S. There are three ways of going about obtaining a business.  The first is simply starting a brand new business. This option is avoided by most applicants due to its complexity. The second is to buy a pre-existing business. This is a slightly better option than starting completely a completely new business, but you face the possibility of purchasing a business that is failing, or has a negative reputation in the community. The third and least risky approach is to purchase a franchise business. You get the benefits and excitement of starting a new business that has no negative reputation or debts and the power of a strong, proven business model along with an entire franchise team behind you assisting you with all the details of starting a new business. They will provide you with a proven successful business plan, projected sales numbers, an entire blueprint for how to set up your business, how to hire employees, set up inventory, accounting, billing, payroll, marketing and picking the ideal location to start up. So even though it is your business, you will have an entire management team behind you assisting you with all the obstacles you may encounter when setting up a business.

Most Importantly – Have a Strong Business Plan

It is not difficult to get an E-2 investor visa when purchasing the right franchise business because the franchise will provide you with a copy of their operations manual with the step-by-step guidelines to starting, running and growing your business. With the assistance of your immigration attorney, the operations manual can be expanded and details clearly defined as per the requirements of the E2 investor visa application guidelines. The importance of a strong, clear and comprehensive business plan that clearly highlights how you will impact the U.S. economy cannot be stressed enough. A weak business plan, that doesn’t strongly convey your business objectives and how you will realistically accomplish them will cause your E-2 visa application to be denied.

Clearly State How You will Fund Your Business

It is highly recommended that you include the sources of your business funding in the E2 Visa Investor Visa proposal. There are very specific guidelines as to what rations must be self invested funds. If you intend to get a loan from the bank, you need to be careful with the amount you intend to borrow because there are limitations that govern E-2 project financing.

E-2 applicants are not allowed to get more than 30% of their funds from banks. If you do not have much money, you should seek to partner with a like minded individual so that your funds will be pooled together in the business venture.

Past Experience in the Specific Business Field is Not Required

If you are buying an existing business or starting a new business on your own, the E2 Visa review board will expect that you have relevant past experience in the specific field of business you are buying or starting. Otherwise they will have significant doubts as to how successful you will be in a business venture you have no past experience with.

Purchasing a franchise business model is very powerful in assisting you in getting your E2 Visa application approved, because the reviewers of the business plan, will be easily able to research the strength and success of the other franchises and feel more confident that your franchise will also be successful.

It is common knowledge, that franchisors are selective in picking new franchisees. So if you are awarded a franchise, the E2 visa reviewers can be confident that you have already been carefully scrutinized by the franchise selection board. All high caliber franchises offer comprehensive training programs to ensure that new franchise owners fully understand the nature of the business. It is in the franchisors best interest to ensure you are successful, since your business will reflect on the overall perception and success of the entire franchise model. Poorly performing franchisees are the last thing a franchisor wants.



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