Davies & Associates secured yet another approval for an E-2 Treaty Investor Visa client, this time for a Pakistani client who is starting up a marketing consultancy in the United States. The client’s E-2 approval – at the US embassy in Islamabad – shows that visa processing is slowly returning to normal after the disruption caused by Covid-19.
The situation continues to remain mixed globally. The availability of visa appointments depends upon local restrictions and the level of pent-up demand. If you are hoping to move your business and/or family to the US soon, it could be wise to prepare an application and position yourself in the queue. While visa processing for the E-2 visa takes place at embassies, L-1 Visa applications and EB-5 Visa applications also required the involvement of the US Citizenship & Immigration Services (USCIS), which has also been affected by Covid-related shutdowns and slowdowns.
The E-2 approval in Islamabad follows on from a recent E-2 approval for a client from the US embassy in Dhaka, Bangladesh, pointing to the green shoots of recovery.
E-2 Visa Company
The Pakistani E-2 Treaty Investor will operate a marketing consulting company that offers blended perspectives on technology architecture, human psychology, user experience design, and communications. Unlike competitors that focus on one angle, the company can use its collective insights and experiences to deliver projects, ideas, or strategies that are more nuanced and cohesive.
The E-2 Company offers ongoing communication services, time-bound services, and strategic brand development services, as well as content-based products such as online courses and books. The Company operates on a service-based business model, where revenue is generated from short-term client contracts (fixed price and duration) and long-term client contracts (ongoing monthly retainers).
E-2 Visa Investment Amount
The applicant invested $100,000 in the new business. There is no fixed investment amount for an E-2 Visa, but normally the US authorities expect an investment upwards of $100,000. That said, we have managed to secure visas for clients investing less than this. The investment does not need to all be cash; inventory and IP can also be acceptable forms of investment.
The client received the $100,000 as a gift from her father. Gifts are an acceptable source of funds for US investor visas – but the person gifting the money may also need to document the source of their funds. In order to minimize the client’s, her risk money was committed to an Escrow account. This allows her to demonstrate her plan to invest, but allowed her to regain the cash should her application not succeed.
E-2 Visa Eligibility
To be eligible for an E-2 Visa you must be a citizen of a Treaty Country. Click here to check the list of countries. If your country is not on the list, you can become eligible for the E-2 Visa by first obtaining citizenship by investment of Grenada. Grenada offers a fast and cost-effective route to citizenship. Processing has continued in Grenada during the Covid pandemic.
To learn more about the E-2 Visa, please contact Verdie Atienza, Senior Immigration Attorney and Head of E-2 & L-1 Visa Practice at Davies & Associates.
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