How Does an E2 Visa Franchise
Investing in a franchise business is an effective route for a foreign national to obtain an E2 Visa. This is because franchises tend to be viewed favorably by immigration officials who evaluate visa applications. A foreign national who invests in a franchise will also find it much easier to satisfy visa requirements that include a minimum investment, proof of substantial funds and a business with the potential to create jobs.
E-2 Investor Visas are available to citizens of countries that have treaty relationships with the United States and can be used by individuals or companies. The E-2 Visa is a temporary investment visa and requires an applicant to have at least a $100,000 investment in a business with the potential to create jobs. The requirements of the E2 Visa Franchise Investor Visa differ from a regular E2 visa, and the investment requirement is significantly lower than what a multinational corporation would need to satisfy in order to hire an executive or manager under an L visa.
The business must be a real business, with a physical location and not just an online or home-based operation. Franchises are ideal for this purpose, as they meet the requirements of a real business with employees and a proven track record. Franchises can be established in a variety of locations, from mall kiosks and restaurants to gyms, salons, and convenience stores. There are even opportunities to start a franchise in rural America!
How Does an E2 Visa Franchise Differ From a Regular E2 Visa?
It is a good idea to work with a specialist franchise consultant who understands the requirements of the E-2 Visa. This individual will assist you through the process of researching, vetting, and assessing franchises to provide you with a shortlist. They will introduce you to franchisors and can also recommend immigration and business attorneys that can provide advice on both the franchise side of your application and the visa side.
As an E-2 visa applicant, you will need to prepare a business plan. Unlike regular business plans, E-2 visa business plans must be submitted to an immigration attorney for review. The visa office will evaluate the plan to determine whether it meets visa requirements, including a minimum investment of $100,000 and a business with the potential to create employment.
The business plan must include a table of contents, company information (including ownership and startup details), services, market analysis and forecasts, strategy and implementation and management (personal plans, salary forecasts, etc). An expert in E-2 visa business plans can help you determine the best way to structure your plan to maximize its chance of success. They will also assist you with preparing an executive summary and financial projections. A qualified professional can save you time and money by helping you to prepare the documents needed to apply for an E2 visa. They can also help you to avoid costly mistakes that could derail your application. They will ensure that your business plan is clear and concise, and can identify any issues before they arise.
