Citizenship: Canada
Total Investment: $94,355 (approx.)
Total Working Capital: $30,020 (approx.)

Case Study: Franchise Property Management Business

One of our clients successfully obtained an E-2 visa at the U.S. Consulate in Toronto, Canada, to operate a franchise property management business.

The Challenge: Our client chose to use escrow to condition the franchise purchase on E-2 visa approval. This is a potential option we inform our clients about to mitigate their financial risk in case the visa is not approved. Where, if the E-2 visa is denied, part or the full franchise fee would be refunded to the client.

While the escrow option can be appealing, it does have downsides as it prevented our client from starting operations, obtaining necessary business licenses, and hiring staff. These are requirements that are typically expected to prove the business viability as is required under E-2 visa regulations. The inability to secure these crucial items can easily lead to an E-2 visa denial, as it may be viewed as a lack of readiness to operate the business.

Our Strategy: To overcome this challenge, we needed to convey to the visa officer the business was fully prepared to launch as soon as the visa was granted. In order to do this, our client needed tangible proof that they would have almost everything in place to start a business once the visa was granted. To accomplish this we instructed our client to commit their investment funds such as securing a business premise that is fully ready with necessary furniture, supplies, and etc.

Results: Our clear methods resulted in the client and his dependents E-2 visa approval for the maximum five (5) year period and are now living in Florida. Most importantly, they are successfully operating their franchise property management business.

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To protect our clients' privacy, names of individuals and businesses have been omitted. In some cases, we may also alter or generalize certain details to further safeguard their confidentiality.

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