The E-2 visas to the US are not issued to everyone interested, but only to citizens of countries that have signed bilateral investment treaties with the United States. China, Russia, Brazil, South Africa, Dubai etc. are not among these countries, therefore, investments in exchange for the second passport of Grenada with the subsequent obtaining of the E-2 business visa is an excellent solution for businessmen wishing to expand the geography of doing business and enter the world market.
The E-2 visa is issued to foreigners who decided to invest in business in the United States. Funds can be invested in an existing business as a co-partnership or you may open your own enterprise. To obtain a visa, the following requirements should be met:
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The visa is issued for a period of 2 years with a possibility of its subsequent extension for a similar period of time. The number of renewals is not limited. Having achieved a certain success in business, the holder of the E-2 visa can apply for a green card.
When choosing between the E-2 Investor Visa and the EB-5 green card, obtaining a business visa is more reasonable. In order to prove this point, we will provide at least 6 advantages of the E-2 visa over the EB-5 green card.
As mentioned above, Russians and Belarusians cannot apply for an E-2 visa. In order to avoid queuing for more than two years for the EB-5 visa, it is possible to apply for the citizenship of Grenada, and then apply for the E-2 visa. Let’s take a closer look at how the citizenship of Grenada is obtained, how much it will cost together with issuance of the E-2 visa.
To be eligible for applying for the second citizenship, a person must be of majority age, without a criminal record, have an impeccable business and personal reputation, as well as a clean banking history.
An investor may choose one out of two investment options:
Apart from the main investment, an applicant also has to pay the due diligence fee, registration and processing fee. In the case of the purchase of real estate, an administrative fee also needs to be paid (in some cases it is included in the value of the property).
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The total cost of obtaining the E-2 visa along with the Grenada passport will be $ 300,000-500,000.
The possession of the E-2 investor visa does not imply getting a green card, but the investor can change the status and apply for an L-1 visa or H1B visa giving their owners the right to submit application documents for obtaining a green card and a US passport. Most participants prefer extending the investor visa because of the tax obligations envisaged for the owners of green cards.
Thus, obtaining the citizenship of Grenada with the subsequent goal of applying for an investor visa to the United States of America is an excellent option to expand the geography of doing business and to gain additional benefits in the form of visa-free travel around the world and tax benefits.