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A Primer to E-2 visas

Posted on September 28, 2016
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Investment Visa

E-2 visa, which was not very well-known earlier, is gaining traction of late as it allows migrants float and invest in businesses. Although holders of this visa also pay taxes, recruit US-born workers and are permitted to enrol their children in public schools, they cannot become permanent residents of America.

USA Today quotes Brent Renison, an immigration lawyer, as saying that he had seen some E-2 visa holders reside with families in the US and with a child who becomes an American citizen once s/he turns 21. The citizen can then file petitions on behalf of his/her parents to make them permanent residents, but that process takes, at times, more than 20 years, he added.

Popularly known as the nonimmigrant investor visa, the E-2 visa permits people from certain nations to invest in businesses in America. These businesses could be small-time shops or boutiques to multinational companies.

The number of E-2 visas issued by the US State Department is said to have increased by 46 percent in the last five years, growing to 41,000 from 28,000, federal government data figures reveal. In fact, their numbers have more than doubled in the last two decades.

If you want to migrate to the US on an E-2 Visa, contact Y-Axis to avail assistance to file for it from one of its 19 offices, which are located in India’s eight largest cities.

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