While E-2 and EB-5 are both Investor visas, they have several differences. This chart summarizes many of the key differences between the two investor visas.
|Item||E-2 Investor Visa||EB-5 Investor Visa|
|Length of Visa||Temporary Visa but can be renewed indefinitely. Visa can be approved for 5 years at Consulate but is often approved for less time||Green Card – Permanent Resident Card|
|Amount of Investment||Depends on the type of business but can be as low as $50,000||$500,000 or $1,000,000 depending on where the business is located|
|Number of Jobs That Must Be Created||No specific number of jobs but company cannot be set up just to support Investor and his/her family||10 Full-time jobs|
|Level of involvement of Investor||Active – no passive investment permitted||Active or somewhat passive as investment can be through a regional center|
|Proof for Source of Funds||Money must come from a legitimate source and traced||Money must come from a legitimate source and traced and requirement is more extensive than the source of funds requirement for E-2 Visas|
|Time Investor Must Spend in the U.S.||No set time but Investor must actively manage the business||Investor must meet Green Card requirements. Generally speaking, if you leave the U.S. for one year, you have abandoned your green card.|
|Restrictions on Visa||The investor can only work for the business that was purchased or created. This visa is a non-immigrant visa with the same restrictions as other non-immigrant visas.||An Immigrant visa (green card) but the green card is conditional for the first two years. After two years, Investor must apply to have the conditions removed by showing 10 full-time jobs have been created.|
|Business Plan Required||Yes||Yes and the business plan has very specific requirements|
|Treatment of Family||Spouse and minor children may also get E-2 visa. Spouse can apply for work authorization. Children can go to school but cannot work.||Spouse and minor children also get green cards|
|Timing for Application Processing||Can be processed in as little as one month||Over one year|
|Cost||Legal fees of $5,000-$6,000 and $270 if filed at a consulate.||Legal fees over $25,000 and filing fees over $2,000.|
|Level of Complexity of the visa process||Medium||High|
For additional legal advice on E-2 or EB-5 visas contact Scott Legal, P.C.. We offer services in a number of business areas including, Immigration, New Business set up, Contract review and development and entrepreneurial support. Call 212-223-2964 or email firstname.lastname@example.org for a consultation.
To find out more about the new rules or other investor visas, contact Scott Legal, P.C.
Ian E. Scott, Esq. is the Founder of Scott Legal, P.C. He can be reached at 212-223-2964 or by email at email@example.com.
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