USA E-2 business visa with Grenada Citizenship

September 29, 2022 | | Blog |

Only Grenada, a member of the Caribbean Business Initiative, allows its citizens to apply for an E-2 Business Visa in order to go to the USA and do business there. Getting an E-2 visa takes only a few months. The E-2 visa is originally available for two years and can be extended indefinitely and without restriction until the business is operational.

What is an E-2 Business Visa?

To migrate to the USA, start a business there, or invest in a business, a person needs a special visa. There are various of these types of visas, but the E-2 Treaty Investors visa is the most viable.

It is not possible for anyone to apply for an E-2 visa; rather, only citizens of a select few countries are eligible to apply. The E-2 is a non-immigrant visa given to investors who want to start a business in the United States and who are citizens of those nations with which the United States has signed an E-2 treaty. It might be your own business or a franchise.

The E-2 visa allows an investor to live and conduct business in the USA in exchange for making a sizable investment in their American business.

You can work and reside in the US with your whole family if you have an E-2 visa. Entry into and exit from the nation are unrestricted.

You are eligible to apply for an E-2 visa with a Grenada passport. It’s one of the benefits of holding Grenada citizenship. Most nationalities lack the ability to get this kind of US visa.

E-2 Visa Investment Requirements

Investment Amount: There is no set minimum investment amount mandated by law. However, we advise setting aside between $100,000 and $150,000 for your investment. It must be confirmed when filing an application that the investment has already been done or is in the final stages. The investor must prove that the funds were not obtained via illegal means.

What Kind of Business You Can Invest In? You can invest in any kind of business, anywhere in the USA, and you don’t even need to have any prior business management expertise. We recommend you provide a thorough business plan outlining the projected income increase. Although there are no constraints on the required minimum number of workers, it is best to anticipate adding 4-5 new positions to your workforce in your business strategy.

A spouse and unmarried children under the age of 21 may immigrate to the US alongside the primary applicant. The spouse can apply for a work visa and find employment at any organization, and the child is free to enroll in any school or university. You must provide the youngster with a student residence permit once they reach 21. The applicant’s account must be big enough to maintain the family for at least a year when they apply for a visa.

Who Can Submit An E-2 Visa Application: Citizens of Treaty nations like Grenada that have signed bilateral investment treaties with the US are eligible to apply for the E-2 visa. On the official website of the US Government, you may discover the list of E-2 Treaty Nations.

How to obtain and renew the E-2 visa

There are many stages to the acquisition process. To apply for an E-2 visa, all foreign nationals must submit a Petition for a Non-Immigrant Worker.

Gather the supporting documents: You must provide a copy of your resume that highlights your business experience. You need to submit a business plan, pay fees, and demonstrate that you possess at least 50% ownership of the company.

Depending on where you’re applying and where you’re from, you’ll need different documents for your visa interview.

The basic list of documents:

  1. Petition for a Non-immigrant Worker according to form I-129.
  2. Passport.
  3. Certificate of ownership issued by the commercial section of a foreign embassy.
  4. Reports from a certified personal accountant.
  5. Copies of partnership agreements.
  6. Articles of incorporation.
  7. Payments for the rental of business premises or offices.
  8. Insurance appraisals.
  9. Business licenses.
  10. Business bank accounts containing funds for routine operations.

Pass an interview: At the interview, an immigration officer will determine if you qualify for an E-2 visa. You should bring your spouse and any children over the age of 14.

Get approval: Let’s say your application is accepted right away. In such instances, you, your spouse, and your children will all be fingerprinted and requested to leave their passports at the consulate or embassy. They could request further information or recommend that your application needs to be processed further. Normally, any difficulties will be rectified within 60 days.

E-2 visa renewal: An initial stay of 2 years is allowed with an E-2 visa. For a maximum of 2 years each, requests for extensions of stay may be granted. An E-2 non-immigrant visa may be extended an unlimited number of times.

How To Obtain A Grenada Passport To Apply for An E-2 Visa

You can apply for an E-2 visa with Grenada Citizenship by Investment. If an investor makes an investment in the economy of the nation, they will obtain Grenada citizenship for their family in 4-6 months.

There are two investment options for the Grenada program:

  1. $150,000 non-refundable contribution from the investor into a national fund.
  2. Regardless of the size of the family, a $220,000 real estate investment. After 5 years, you can sell your investment again. A special state fee of $50,000 or more is further paid for this option.

Benefits of Grenada citizenship and E-2 visa:

  1. Visa-free travel to more than 140 nations, including the EU, Schengen countries, the UK, and China.
  2. You may open a bank account in Grenada using a Grenadian passport with a reputable foreign bank. Additionally, accessing a bank in the United States or Europe is simpler. The second passport might be used to register assets.
  3. You can minimize taxes thanks to Grenada’s tax resident status. Global income, dividends, interest, and royalties received from other nations are all tax-exempt in Grenada. Inheritance, income, capital gains, and stamp duty are all exempt from taxation.
  4. No residency obligation during or after citizenship is granted.
  5. Dual citizenship is allowed, the application procedure is private, and there is no information sharing with other governments or organizations.
  6. Access to all privileges that come with being a citizen of Grenada, including the ability to reside and work there at all times and all rights associated with being a member of the Caribbean Community (CARICOM).
  7. Grenada provides its residents with social and political stability, which is strengthened by its membership in the Commonwealth of Nations and the United Nations.
  8. St. George’s University, one of the finest American offshore universities, is located in Grenada.

Benefits of E-2 visa:

  1. When compared to other US business visas like the L-1 and EB-5, the E-2 is cheaper and easier to obtain. It takes 2 to 3 weeks to receive a visa.
  2. Every two years, an unlimited number of E-2 visas can be renewed. The most important thing is for the business to grow and make money. Living in the US while applying for an EB-5 immigrant visa is possible with an E-2 visa.
  3. Your spouse and children under the age of 21 can be mentioned on the application. Your spouse can work for any company in the USA.
  4. Your family will enjoy a higher standard of living, you will be able to reside and conduct business in a stable economy, and your kids will be able to attend the top American schools and universities. The freedom to enter and exit the nation will be extended to all family members.

Get professional assistance from FlyingColour Immigration for USA business immigration programs including the E-2, L-1, and EB-5 Visa, as well as for second citizenship. For more information, contact our experts at +971 529933135, send an email at op2@flyingcolour.com, or visit our website at https://flyingcolourimmigration.com/