From time to time, we like to share happy news with our readers. As a firm dedicated to representing investors and entrepreneurs from around the world, we try to find creative solutions to enable our clients to secure their dreams in the U.S., especially when those options are not readily apparent.
For most foreign entrepreneurs, the E-2 nonimmigrant investor visa is the easiest route to open a business in the United States. However, unlike most visa categories, the E-2 visa is only available to certain nationalities around the world. In order to be able to even apply for an E-2 visa, there must be a treaty in place between the U.S. and the country of the applicant’s passport. Unfortunately, the U.S. lacks treaties with some of the world’s most populous countries that are home to millions of prospective entrepreneurs, including P.R. China, India, Brazil, Vietnam, and Russia, just to name a few. Moreover, long EB-5 backlogs for certain countries, especially P.R. China, make the immigrant investor route an impractical option.
We recently had the pleasure of representing Mr. M.L., a successful Chinese businessman who wanted to open an educational company in a major Northeastern U.S. city. Because there is no treaty, ML utilized the Grenada Citizenship by Investment option whereby he was able to secure a passport.
Working with a professional network including business plan writers and accountants, Green and Spiegel was able to put together a comprehensive E-2 application package that was submitted for adjudication before the U.S. consulate in Guangzhou, China. Shortly after submission, ML received his E-2 visa, enabling him to actively manage his company and provide valuable educational opportunities to American children. We were honored to lead this effort and assist our client in securing his American Dream.
“We were thrilled to receive the positive news from the Consulate,” said Philadelphia-based Counsel for the Firm, Matthew Galati. “The E-2 visa is a win-win classification that results in the creation of American jobs. It’s a shame it is only open to certain nationalities. Fortunately, Grenada provides a relatively fast and straightforward immigration option. I couldn’t be happier for my client and his family in welcoming them to the U.S.”
For more information relating to investment immigration, contact us today.