Originally posted by weiser
> 1. countries with a treaty with the US can apply
> 2. The recommended amount is you invest at least $100K although some
> E-2 visa have been given for investing less than that amount. The
> lower the investment figure the higher the percentage of the
> business price you must invest
> 3. Initial visa valid is for 2 years, after 2 years if you business is
> still running (in profit) they renew it with a 5 year visa and you
> have to apply every 5 years after that etc
> 4. once kids turn 21 years they have to apply for a visa to stay in
> the country on their own merit
> 5. those fees are similar to what I have also been quoted
> 6. you have to employ american citizens, how many depends on your
> business and how much you invested and area you invest in, thats
> how I see it
> 7. 12 weeks is what I have been quoted but if they decide you need to
> be security cleared then it would take longer, which in my case is
> what will happen but I am trying to avoid that
> For me what the lawyers charge is not as important as getting hold of
> a good experienced lawyer to prepare your case, if your case is not
> prepared properly you will be refused visa and I have known cases
> whereby the visa was refused
Thanks Weiser.
Such feedback is always welcome as only in this way can we begin to see
thru the 'fog'.
Am still not certain as to minimum amount one has to invest(based on
100% cost of business).Would like to see official government thoughts on
this particular point.Reading between the lines (at this stage) I reckon
you can make a go of it with 100% purchase at c$75k.
Thanks for clarifying Visa validity period.Makes sense now.Clearly, it's
vital to show good growth/profit (potential for growth/profit)during the
first 2 years - or else your shown the door.Buy established business
with very good track record over the last 5 years or so.
Even though I am a single applicant (no family to worry about), I
decided to mention the regs regarding kids as those with families need
to be very aware of it.
As regards fees; I wonder if I could get even lower fees if I went via a
lawyer in Miami/Florida (appears to be most popular target for E-2
applicants).Competition amongst lawyers must be quiet intense there - or
is this wishfull thinking on my part.best to stay with 'local' one who
knows the territory well.
Totally agree with you reference selection of right lawyer.Have noted
that business brokers and franchise operators offer to do business with
E-2 applicants.Clearly, it is in their interests to put you in touch
with lawyer who has a high success rate in processing these
applications.May be good way of finding right lawyer i.e find people
you want to buy business from first and then ask them to point you to
right lawyer.
Am still open regarding employment of local citizens.Would like to see
official government thoughts on that one.
You clearly have your own reasons to avoid security clearance, but I
would strongly advise you against that route.These things can have a
habit of catching up with you when you least expect it.