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E2 Visa and the Amigos Act

Global Immigration Partners, PLLC

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The E2 Visa is a non-immigrant permit enabling a citizen of a treaty nation to gain entry into the United States by making a significant investment in a U.S. enterprise. Investor Visas. The Amigos Act is a proposed bill that seeks to extend the eligibility of the E2 Visa to Mexican nationals. This piece will offer a comprehensive review of the E2 Visa and the Amigos Act, along with the possible advantages and difficulties associated with these immigration regulations.

The E2 Visa

Background and Eligibility

  • The E2 Visa is based on a bilateral investment treaty or specific legislation that enables a foreigner to reside and work in the U.S. based on an investment he/she will be controlling.
  • The investor should hold citizenship of a country that has a treaty. The Department of State maintains a list of participating treaty countries.
  • The investment should be significant, with funds or assets pledged and non-retractable. It should be adequate to guarantee the smooth functioning of the business.
  • The investor should be arriving in the U.S. to manage and grow the business. If the applicant is not the main investor, they must be deemed a crucial employee, working in a managerial, executive, or highly specialized skill role.

Duration and Limitations

  • The E2 Visa allows the investor to stay in the U.S. for up to two years, with unlimited two-year extension possibilities.
  • The investor’s family members may also be eligible for admission in the E2 classification.
  • The E2 Visa does not directly lead to a green card (permanent residence), but some E2 holders may qualify for a green card through other categories.

The Amigos Act

  • The Amigos Act, or the Allowing Mexico to Invest in the U.S. Act, is a proposed bill that seeks to include Mexico in the list of treaty countries eligible for the E2 Visa.
  • The Act recognizes the importance of Mexico as a strategic economic partner and aims to encourage further investment and job creation in the U.S.
  • If passed, Mexican nationals who make a substantial investment in a U.S. business could live and work in the U.S. under the E2 classification.

Potential Benefits and Challenges

  • The inclusion of Mexico in the E2 treaty could attract more foreign investment to the U.S., potentially boosting job creation and economic growth.
  • However, critics argue that it could lead to an influx of Mexican investors seeking to immigrate to the U.S., potentially straining the immigration system.
  • Furthermore, ensuring that the investments are substantial and legitimate could pose regulatory challenges.

HOW WE HELP CLIENTS

Global immigration partners | e2 visa: benefits and elegibility | global immigration partners

Global Immigration Partners PLLC, is a specialized immigration law firm.

1717 Pennsylvania Avenue NW, Washington DC, 20006, United States

Phone: +1 267-507-6078

Book a free consultation

Find an Immigration Lawyer in Mexico

Global Immigration Partners PLLC, Mexico
Arquímedes 15
Mexico City, 11560

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author avatar
Alexander Jovy - Senior Immigration Expert
Article Written by Alexander Jovy, Co-Managing Partner at Global Immigration Partners. Senior immigration expert with 15+ years in business and investor visas.
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