advantages of investing in an E2 Visa Franchise
If you are an investor looking for a way to obtain the E2 visa, a franchise business may be just what you need. An E2 visa allows entrepreneurs from 82 treaty countries to achieve the American dream of owning and operating a business in the United States. This non-immigrant visa can be renewed indefinitely as long as the business continues to operate and meet certain requirements.
Franchise businesses offer a number of advantages to E2 Visa Franchise holders. Unlike a brand new business, franchises have already proven to be successful and are often viewed more favorably by immigration authorities. This is because franchises are business models with highly developed, tried and true systems. Additionally, investing in a franchise business allows foreign investors to present professionally prepared operations manuals, marketing materials, and training guides as part of their E2 visa application package.
However, while franchises are often a good option for investors seeking an E2 visa, there are some things to keep in mind when considering this type of investment. First and foremost, investors must be able to demonstrate that they have the required investment capital of $100,000. Secondly, the investment must be “at risk” meaning that it cannot be used for anything other than the E2 venture and that it must have the potential to make a significant economic contribution.
What are the advantages of investing in an E2 Visa Franchise?
Finally, it is important to understand that the investment in the E2 business must be irrevocably committed. Simply putting funds into a bank account is not sufficient to satisfy this requirement and, for this reason, many investors choose to invest their E2 investment into an escrow account with the release of the funds conditional on the approval of their E2 visa or E2 change of status application.
Fortunately, there are many franchises that will work with E2 visa applicants to help them achieve their goals. One example is Koala Insulation, a company that provides high-quality insulation services to residential and commercial customers in the San Diego area. As a franchise, Koala Insulation offers its franchisees extensive training along with support and guidance. This includes a dedicated account manager to assist with all aspects of the business and a full marketing program.
As an added benefit, most franchisors also understand the nuances of the E2 visa application process and are willing to assist with any issues that may arise. They can provide documents such as an investment plan and a letter of support that may help to strengthen an E2 visa applicant’s case.
However, it is still essential for prospective E2 visa investors to work with a knowledgeable attorney. Attorneys who specialize in E2 visas can guide clients through the entire process and ensure that all necessary documents are submitted to avoid any delays or setbacks. In addition, attorneys can also help to draft franchise agreements and other legal documents that contain contingencies based on whether or not an E2 visa is approved. This can save time and money as well as ensure that all aspects of the E2 visa application are handled properly.