Please send this information to everyone you know and put it on your Facebook, Twitter and other social media sites. Thank you. E2 visa holders (Our family included) desperately need your help with this request please)
We would like to bring to your attention a group of Legal Immigrants, who are living in the US on an E2 Treaty Investor Visa.
The E2 Treaty Investor Visa is a Non Immigrant Visa, which can be granted to a national of a treaty country, of which there are around 75 all over the world. There must be a substantial investment made into a business and the business must provide significantly more than just an income for the investor and family. In other words there must be employees.
The visa must be renewed every few years, by attending an Interview at a US Embassy outside of the US and showing continued growth and job creation.
Currently the E2 Treaty Investor Visa does not lead to the investor and family being able to attain Legal Permanent Residency – Green Cards – to stay in the US long term, and this is what we would like to see reformed.
Upon research, it was found that the E2 Treaty Investor Visa is the only Non Immigrant visa that requires a substantial investment without leading to Legal Permanent Residency.
Our hope is that E2 Treaty Investor Visa holders who have reached certain criteria, could then look at future stability and a permanent home in the US. This would not be a blanket change for all of these visa holders – we feel it should be earned.
From data recently collected, from
251 businesses, we have the following figures:
Number of Employees – 3373
Original Investment – $71,218,886
Turnover (Sales) 2010 – $194,312,065
Turnover (Sales) 2011 – $229,687,666
We believe there is anything between 30,000 and 100,000 E2 Treaty Investor businesses in the US. This is based on Data from the Department of State that shows between 25,000 and 30,000 have been issued each year for the last 5 years. However we do know this includes renewals, E2 Manager and E2 Essential Worker visas, as well as original applications for E2 businesses. There is currently no official data of the individual breakdown.
We know that greater business development could be achieved by E2 Treaty Investor Visa holders, if, a pathway to Legal Permanent Residency was available. The current situation leads to these visa holders not having a secure platform on which to make business decisions and plan beyond their next renewal. With expansion would come the opportunity to offer more jobs to more US citizens.
E2 Treaty Investor Visa holders pay taxes, buy houses and vehicles, spend their hard earned money here and contribute to their local communities.
You may ask why changes have not been made to this visa before now – well it has become very clear to us that not many politicians, or their aides, know much about this visa. We are a very small group of immigrants compared to many others. But does that make us any less deserving of reform? We also believe that we are the first group to try and bring this to the attention of Washington.
Life can be very tough for the E2 Treaty Investor Visa holder. We cannot retire on this visa, even though many have been here for 20 years or longer, paying into the Social Security and Medicare Fund. Our children ‘Age Out’ at 21 and have to be given other visas in their own right. The only real viable options are an International Student visa, having their own E2 business, with all of the same issues, or marriage. These children are not entitled to Social Security Numbers and therefore are unable to work and learn the worth of money or of a job well done.
Our hope is that Reform for the E2 Treaty Investor Visa can be considered within any current Immigration Reform that are going to be proposed.