An E-2 visa is a type of non-immigrant visa that allows citizens of certain countries, including Canada, to enter and work in the United States in a capacity that is related to a substantial investment in a U.S. business. E-2 visa holders are allowed to stay in the U.S. as long as they are actively managing and investing in the business.
To qualify for an E-2 visa, a Canadian citizen must:
– Be a national of a country that has a treaty of commerce and navigation with the United States.
– Have invested, or be actively in the process of investing, a substantial amount of capital in a bona fide enterprise in the United States.
– Be seeking to enter the United States solely to develop and direct the investment enterprise.
– Have the same nationality as the enterprise (i.e., Canadian citizen for a Canadian-owned enterprise).
– Have invested or be actively in the process of investing a substantial amount of capital in a U.S. business. The investment must be at risk in the commercial sense and subject to partial or total loss if the investment fails.
– The investment must be sufficient enough to ensure the successful operation of the enterprise.
It is important to note that the E-2 visa is not a permanent residency visa and the holder must renew it every 2 years. Additionally, the process of obtaining an E-2 visa can be complex and time-consuming, so it is advisable to consult with an immigration attorney or other qualified professionals to help with the process.