Uglobal Immigration Magazine Volume 2, Issue 1 | Page 92

UGLOBAL IMMIGRATION MAGAZINE 90 spouse can get an employment document, allowing him or her to work anywhere in the U.S. The E-2 visa option has the added benefit of avoiding the need to make any filing with USCIS. The application can be made directly at a U.S. consulate. The E-2 investment amount can be used as a down payment on a direct EB-5 project. If, for example, you invest $300,000 for your E-2 business, which employs five people, by adding $200,000 and five employees, you would be able to file a direct EB-5 petition if the business is in a TEA. E-2 INVESTMENTS IN FRANCHISES Many E-2 visa investors are unfamiliar with the United States business environment and do not feel comfortable starting a business from scratch. Others want to invest in the most secure business type possible to ensure the E-2 visa is maintained for five-plus years. For these reasons and more, many Grenada E-2 visa investors elect to invest in a franchise instead of starting their own independent business in the U.S. Investors often receive training, marketing and operational support from the franchisor in addition to many other benefits. INVESTMENT LEVEL The investment level is an important factor when deciding which franchise investment opportunities are available to the franchise investor. Therefore, the investor needs to figure out what would be a comfortable investment range. It is recommended to invest a minimum of $200,000 when deciding on potential E-2 visa businesses, although in some cases it is possible to invest a lesser amount for E-2. A higher total investment level significantly increases the number of franchise investment opportunities that are available to the investor. A level of investment of $300,000 opens up many more opportunities than an investment level of $200,000 or less. If the investor is looking for something in the restaurant industry, typically the investment increases to $400,000 or more. LEVEL OF INVOLVEMENT Are you interested in running the day-to-day operations of the business or prefer to hire a manager and maintain a more strategic executive role in the franchise? Early in the process, the franchise business investor needs to determine what level of involvement he will want to have “ The E-2 investment amount can be used as a down payment on a direct EB-5 project. ”