Immigration 101: Green Cards via Trade & Investment in the USA

For most foreign nationals wanting to permanently live and work in the United States, the ultimate goal is to obtain a "green card" or permanent residency status. The most common method of obtaining permanent residency is through sponsorship by an employer or family member.

For wealthy individuals, a $1 million investment in a business that Green Cards via Trade and Investment in the U.S.creates or preserves at least 10 full-time jobs is also an option. That amount is reduced to $500,000 where the business is located in areas of high unemployment or other qualifying rural areas.

However, where these options are unavailable, foreign nationals from countries with investment or commerce treaties with the United States may still obtain a visa to live and work in the United States by either investing in a business in the United States (E-1 visa) or by conducting trade with the United States (E-2 visa). The requirements of the E visa may be found in §101(a)(15)(E) of the Immigration and Naturalization Act; 8 U.S.C.A. §1101(a)(15)(E).

The E visa category may be used by various types of companies, whether owned by individuals or large multinational corporations, and may be used by the company's principals or by its employees. Although the E visa is considered a non-immigrant visa, unlike other nonimmigrant visas, it may be renewed indefinitely and the
E visa holder may apply for a green card through the business supporting the E visa.

There are three basic requirements for obtaining an E-1 or E-2 visa. First, a treaty must exist between the United States and the foreign national's home country. Germany, Italy, Switzerland, United Kingdom, Taiwan, Pakistan, Iran, Japan and Australia are just some of the countries that have treaties with the United States. Second, majority ownership or control of the investing or trading company must be held by nationals of the foreign country. Third, every employee or principal of the company seeking E visa status must be a citizen of the foreign country where the company
is based.

Related Posts

E-2 Non-Immigrant Investor Visa

E-2 Non-Immigrant Investor Visa

The E-1 and E-2 visas involve a reciprocal agreement between the United States and foreign countries that enables nationals to invest or conduct trade between the two nations. Fore...

Changes to E Visa Application Processing at US Embassy Mexico

Changes to E Visa Application Processing at US Embassy Mexico

Effective July 7, 2015, US. Embassies in Mexico will change where Non Immigrant E1 TreatyTrader and E2 Investor visas will be processed. E-1 visa processing will be handled by the ...

Immigration 101: E-2 or Investment Visa

Immigration 101: E-2 or Investment Visa

The E-2 or Investment visa is available for investors in a new or existing U.S. business. The investor must play an active role in the development and direction of the business. As...