ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Why You Need to Know the Key Differences Between EB-5 vs E2 Visas

Updated on August 31, 2014

E2 and EB-5 Foreign Investor Visas

What E2 and EB-5 Visas Offer Foreign Investors - Path to US Citizenships

While each year the annual EB-5 quota (currently estimated at 10,000) has never been reached, overwhelming support by Congress of the recent extension of EB-5 program to September 30, 2015 means that further extension is likely to continue.

There are no quota restrictions for E-2 Visas unlike other visas. So, depending on your personal situation, both types of visas are worth considering.


What are the Key Differences Between the EB-5 and E2 Visas

What Types of Visas are Obtained by E2 vs EB-5

First, the key difference between the E2 vs EB-5 programs are the types of visas obtained.

As discussed in my previous article "How Buying a Business Can Help You Get a Visa" the E2 program provides a temporary 5 year visa. But because it is renewable and can be extended indefinitely, it may be effectively a "permanent visa."

The investor's spouse receives automatic unrestricted work authorization, while minor children are included under their parents' visa status.

Meanwhile, the EB-5 visa is simply designed for those seeking permanent U.S. status.

Types of Businesses to Invest In

While an E2 visa simply requires active involvement in the business, the EB-5 is designed for passive investment in new / existing "Troubled Business" or approved regional centers that meet the minimum investment size (see below).

In addition, EB-5 projects are required to create or preserve at least 10 jobs for U.S. workers, excluding the investor and their immediate family.

Size of Investment


Again, as discussed in the previous article, there is no hard defied minimum for the E2 visa program but $100,000 to $150,000 is generally considered enough.

With EB-5 visas minimum investments of $1M per family, unless the project is in Targeted Employment Area (TEA) in which case $500,000 is enough. These TEA regions are rural areas with populaton of 20,000 or less, or unemployment no less than 150% the national average.

How Fast Can I Get a Visa?

For the E2 program, it takes 3 to 4 months, plus preparation time of about one month.

Meanwhile, EB-5 visas takes about 60 days for filing the application, plus 120 days for processing. Generally if all goes well, full residency is usually obtained within 2 years.

Conclusions

In both cases, investors will need to be able to verify source of funds and demonstrate proof of no criminal record.

As with any business matter, professional advisors are keys to your success. These include: tax accountants, bankers, lawyers, and other business advisors.

And as always.. Disclaimer: This article is written for educational purposes only and as such should not be relied upon as legal or financial advice in any way. Immigration law is a specialized area that continues to evolve in the wake of 9-11. Readers are advised to seek professional legal and financial counsel on their own particular situation.

References

http:// www.uscis.gov/ portal/ site/ uscis

http://en.wikipedia.org/wiki/EB-5_visa

Behar, Larry. EB-5 United States Immigration Through Investment (Kindle Location 1150). 2012 Kindle Edition.

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      Mike Terry 

      5 years ago

      Whoa!

      Dear Jycmba,

      Thanks for your article.

      You have posted interesting facts and examples, will you please advise some more references for briefing.

      I am waiting for your quick and useful reply.

      Thank you

      Mike Terry

      http://www.eb5extell.com/

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)