What is the E-2 Visa Minimum Investment?
By law, there is no E-2 Visa minimum investment required to qualify. But your case will be stronger if you have an investment of at least $100,000 or more. Since many multinational corporations require seven-figure investments at times, it may be better to focus on start-ups and mid-sized companies.
What is a Qualifying Business?
Legally speaking, this is an ambiguous term like a minimum investment. To qualify for a U.S. E-2 Visa, you can invest in a new or existing business, and you must prove that you have a physical location, like an office or store. Home-based businesses aren’t included.
The ideal business that qualifies for an E-2 Visa creates American jobs and is asset-based with a demonstrated substantial usage of investment funds. This includes inventory, equipment, supplies, build-out and renovation.
Franchise Consultants connect franchisors with passionate entrepreneurs who want to open a franchise. Since the consultant knows how various franchise businesses work, they will connect you with franchisors who work with E-2 visa holders. With the consultant's deep knowledge of how to buy a franchise, they will only connect you with franchising opportunities that align with your values, skills, background, and financial situation.
On top of knowing about the specifics of franchise cost, franchise consultants can also help you better understand important documentation, such as the franchise agreement and the Franchise Disclosure Document, which tell you everything you need to know about a franchise business.
Due Diligence Before Buying a Franchise Business
In addition to speaking with a consultant, attending discovery day is an important part of the due diligence process before buying a business. If you have what it takes to be a franchise owner, the franchisor will invite you to discovery day. This event usually takes place at the franchisor’s corporate headquarters and allows you the opportunity to vet the franchisor along with members of the leadership team. But keep in mind that you are being vetted, as well. To get the most information you can before owning a business, take notes and be actively involved in the event.
To avoid making the mistake of buying a business too quickly and based on emotions, take time to rest and read your notes after you get back home. The decision of owning a franchise should be finalized after the franchisee validation process.
The Franchisee Validation Process
As a prospective franchise owner, you should know that the franchisee validation process is one of the most important parts of the investigative work you do before buying a business. During franchisee validation, you ask questions to franchisees in the system to know how a franchise business really operates. Their experience is indispensable to you and can be the deciding factor of whether to buy a franchise or not.
To get the best possible picture of a specific franchise business, you should speak with multiple franchise owners. Be aware of the consistency or inconsistency of the responses you get to your questions. This can help you identify red flags and stop you from making the mistake of buying a business that isn’t ideal for you.
What is an E-2 Visa?
E-2 visas provide entrepreneurs from 82 treat countries to achieve the American Dream of business ownership. Different from Green Cards, E-2 visas are non-permanent and are also available to the international entrepreneurs’ spouses and unmarried children. E-2 visas can also be extended an unlimited number of times for two-to five-year increments. To qualify, entrepreneurs need to be citizens of a treaty country and heavily involved in the operations of the business and are at least in the process of investing. Investors also have to be prepared to depart the U.S. when their time with the business is over. As part of the due diligence that comes with franchise ownership, international investors benefit from working with Franchise Consultants. These professionals provide candidates with information on the required minimum investment and the definition of a qualifying business. The E-2 visa approval rate is high, so international investors should strongly consider getting one.