E-2 Visa News, Consular Updates, DOS Statistics, and Recent FAM Changes

What This Page Tracks

This page tracks the latest E-2 visa news, including U.S. Department of State statistics, E-2 consular developments, interview practice changes, visa issuance trends, and recent Foreign Affairs Manual updates affecting treaty investor visas.
While the legal framework of the E-2 visa does not change frequently, real-world practice evolves continuously. Consular interview practices shift. Embassy workloads change. Department of State statistics reveal new trends.
For entrepreneurs, investors, and immigration professionals, these developments can matter as much as the formal legal requirements.
This page monitors the developments most likely to affect E-2 applicants worldwide.

Purpose of This E-2 News Service

Why We Created This Page

The purpose of this page is to provide a central news and monitoring resource for the E-2 visa category.
Applicants often focus only on eligibility requirements. But in practice, outcomes can be influenced by:
  • consular interview practices
  • officer expectations
  • Department of State visa statistics
  • embassy operational conditions
  • policy guidance updates
This page is designed to help readers stay informed about how the E-2 visa is actually being processed around the world.

Who This Page Is For

This resource is intended for:
  • entrepreneurs considering an E-2 visa
  • investors planning a U.S. business
  • companies sending employees under E status
  • immigration professionals following visa developments
Think of it as an ongoing briefing on the state of the E-2 visa globally.

This Page Is Not a Guide to the E-2 Visa

This page focuses on E-2 visa news and developments, not a step-by-step explanation of the visa.

Read Our Complete E-2 Visa Guide

If you want to read a guide to the E-2 visa, please read our full guide.
That guide explains:
  • who qualifies for the E-2 visa
  • what counts as a substantial investment
  • how E-2 businesses are structured
  • how consular applications work
  • how E-2 visas can be renewed

Additional E-2 Resources

  • E-2 Visa Process
  • E-2 Visa Cost
  • E-2 Visa Renewal
  • Active E-2 Treaty Countries
These pages explain the visa requirements in detail. This page focuses on what is changing in E-2 practice.

Monthly Updates

Our Commitment to Keeping This Page Current

We update this page every month to reflect new developments affecting E-2 applicants.
Updates may include:
  • new Department of State statistics
  • new monthly visa issuance data
  • embassy operational announcements
  • practitioner alerts on interview trends
  • updates to the Foreign Affairs Manual
Because E-2 practice evolves through both policy guidance and real-world consular practice, monitoring these developments can help applicants prepare more effectively.

E-2 Visa Denial Rates and Department of State Statistics

The U.S. Department of State publishes annual statistics showing how many E-2 visas are issued and refused worldwide.
These statistics offer one of the clearest insights into global trends in treaty investor visas.

E-2 Visa Denial Rate Chart by Fiscal Year

Fiscal Year Issued Refused Total Refusal Rate
2020 23,493 3,266 26,759 12.2%
2021 33,129 2,683 35,812 7.5%
2022 45,878 4,823 50,701 9.5%
2023 54,812 5,615 60,427 9.3%
2024 55,324 6,108 61,432 9.9%

What the Numbers Suggest

Demand for E-2 Visas Remains Strong

The number of E-2 visas issued globally has increased significantly since pandemic-era lows.

Refusals Remain a Meaningful Risk

Refusal rates typically fall between 7% and 12%, reminding applicants that careful preparation remains essential.
Strong documentation, credible business plans, and a clear explanation of the applicant’s role remain critical.

E-2 Visas Issued by Top Consulates

The Department of State also publishes monthly visa issuance statistics by consular post, which allows observers to track where E-2 visas are being issued most frequently.

Top Consulates for E-2 Visa Issuances (August 2025)

Rank Consulate E-2 Visas Issued
1 Tokyo 670
2 Paris 542
3 Seoul 524
4 Osaka/Kobe 437
5 Toronto 432
6 Frankfurt 355
7 London 160
8 AIT Taipei 150
9 Madrid 75
10 Rome 65

Largest Numbers of E-2 Visas Issued to United States (2019-2024)

What This Data Reveals

E-2 Activity Is Concentrated in a Few Major Posts

Japan, France, South Korea, Germany, Canada, and the United Kingdom consistently appear among the highest-volume E-2 posts.

Issuance Volume Does Not Equal Approval Rate

A post issuing many E-2 visas may also refuse many. Issuance data reflects volume, not approval rates.

Interesting Pattern

Many of the busiest E-2 posts are located in countries with long-standing treaty investor business activity, such as Japan, France, Germany, and Canada.

E-2 Consular News and Interview Updates

Why Consular Practice Matters

Most E-2 visas are issued through U.S. embassies and consulates abroad. As a result, interview practices and officer expectations can shape the applicant experience significantly.

London E-2 Interview Practice Has Become More Demanding

A March 17, 2025 practice alert from the American Immigration Lawyers Association (AILA) reported significant changes in E-2 interview practices at the U.S. Embassy in London.
Historically, London was considered a predictable E-visa post with relatively brief interviews.
Recent reports suggest that interviews are now more detailed.

Longer Interviews

Some interviews reportedly last up to 30 minutes.

Detailed Business Questions

Applicants may be asked about:
  • revenue figures
  • business plans
  • startup expenses
  • company profitability
  • U.S. expansion plans
  • the applicant’s role in the enterprise

Rotating Visa Officers

Rather than using a dedicated E-visa officer, interviews are reportedly conducted by a rotating pool of officers.

Occasional 214(b) Refusals

Some practitioners have reported unexpected refusals under INA 214(b).

E-2 Visa Wait Times at Major Consulates

The Department of State publishes visa appointment wait times for embassies worldwide.
Although these tables do not include a specific E-visa category, they still provide insight into overall consular workload.

Example Wait Time Snapshot

Consulate Visitor Visa Wait
London ~1.5 months
Sydney ~11 months
Melbourne ~11 months
Perth ~2 months
Dubai ~12 months
Abu Dhabi ~16 months

About the Authors

Mark I. Davies, Esq.

Chairman of Davies & Associates; focused on E visa strategy and complex consular filings.
Mark I. Davies, Esq., J.D., University of Pennsylvania Law School, licensed by the SRA (SRA ID: 384468) in the UK, and a member of The Law Society of England & Wales, MBA, Wharton School of Business. Top 10 Investment Visa Lawyer. Licensed in the USA. Georgia State Bar member. AILA member.
Area Details
Education: JD, University of Pennsylvania Carey Law School | MBA (Finance), The Wharton School, University of Pennsylvania | Chartered Accountant (ICAEW)
Financial Training: Completed the Analyst Training Program at a major international bank | Chartered Accountant background with professional training in financial analysis and reporting
Legal Practice: Admitted to practice in Georgia (USA) | Registered Solicitor with the Law Society of England and Wales | Former CMBS lawyer at one of the world's largest international law firms
Immigration Track Record: 15+ years advising HNW investors | Zero denials for clients advised on source-of-funds compliance in EB-5 | Hundreds of successful EB-5 cases globally
Recognition: Named a Top 25 EB-5 Immigration Attorney by EB5 Investors Magazine (2018–2023)
Professional Engagements: Lecturer/trainer for other lawyers at AILA, ACA, University of Pennsylvania Law School | Frequent speaker at global investment immigration conferences

Awards

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