The E-2 visa is a popular visa category for foreign entrepreneurs who wish to invest in and manage a business in the United States. Canadians are eligible to apply for the E-2 visa, and there are several requirements they must meet to qualify. In this blog post, we will explore how Canadians can qualify for the E-2 visa.
To qualify for the E-2 visa, a Canadian applicant must invest a substantial amount of capital in a U.S. business. The investment must be substantial in relation to the total cost of either purchasing an existing business or establishing a new one. There is no set amount of investment required, but the investment must be enough to show that the Canadian applicant is committed to the success of the business.
The Canadian applicant must also be actively involved in the management of the U.S. business. This means that they must have a controlling interest in the business and be responsible for making important decisions. The Canadian applicant must also be able to demonstrate that they have the skills and experience necessary to successfully manage the business.
Another requirement for Canadians to qualify for the E-2 visa is that the business they are investing in must be a real and operating enterprise. This means that the business must be actively engaged in a commercial or entrepreneurial activity, and must not be speculative or passive in nature.
In addition to the above requirements, Canadians must also meet the same general requirements for the E-2 visa as applicants from other countries. These requirements include having a valid passport and demonstrating non-immigrant intent.
In conclusion, Canadians are eligible to apply for the E-2 visa, but they must meet certain requirements to qualify. They must invest a substantial amount of capital in a U.S. business, be actively involved in the management of the business, and the business must be a real and operating enterprise. By meeting these requirements, Canadians can take advantage of the E-2 visa program and invest in and manage a business in the United States. If you are a Canadian entrepreneur considering the E-2 visa, it is important to work with an experienced immigration attorney to ensure that your application is successful.