If you are thinking of moving to the US to run your business, the E2 visas is a solution for you. It has a powerful pathway for you. But, many people get rejected due to the common and basic mistakes.
Here is a complete guide for you to understand those mistakes and how to avoid them for the succession in the E2 visa.
The Investment Amount Is Too Less
It is one of the main reasons for the denial of the E2 visa. The government of the US wants your investment to be “substantial”. If the amount is low, your visa could be denied.
How To Avoid:
Make sure you have enough money for running your business successfully. The amount should depend on the type of business you are thinking of doing but $100,000 or more should be there for the safety and process of the business.
The Lack Of Legal Guidance
It is important in the US to have legal guidance to submit your business plans. The US immigration law navigates that without the guidance there is a high chance of improper documentation and mismatched details.
How To Avoid:
One should hire a specialized and experienced immigration attorney for the successful process of the E2 visas. They make sure that the evidence, paperwork and strategic decisions align with the USCIS standards.
Improper Ownership Or Legal Structure
It is acknowledged that if the investors do not own 50% of the business, they might not be qualified.
How To Avoid:
Includes the documents of the shareholders and the incorporation, ensuring proper ownership is documented and that the legal structure (corporation, LLC, etc) matches the visa requirement.
Not Fully Prepared For The Interview
The inability to answer the questions with confidence during the consular interview may be a red flag. Poor communication can also be a reason for the denial.
How To Avoid:
You should be ready and practice to talk, so that you explain the business plans and answer more questions relatable for the visa. You can hire a coach, a professional or even practice online.
The Wrong Visa Classification
Filing in the wrong visa category or not understanding the eligibility of the treaty can cause many issues.
How To Avoid:
Make sure that your country has the E2 treaty with the U.S. consultant immigration attorney to let know the eligibility that whatever business plans you have, qualify under that criteria.
Not Practical Or Weak Business Plans
The business plan or the working process which is main living, is considered to be the important part in the E2 application. An undeveloped or weak business plan may leave your application vague.
How To Avoid:
Create an advanced 5 year business plan with all the financial investments, staffing plans, market strategy and the market research. This plan will definitely make your position strong and support your visa process.
The Unclear Source Of Funds
The USCIS must see where your money is coming from. Is the funding way legal and traceable, or not?
How To Avoid:
Keep the receipts of your funds together. Make a file that contains all of the original slips of your sale of property, inheritance, and the salar.) to the business account.
Make sure to add the bank statements, wire transfer receipt, and the tax returns, too.
The Inactive Business Or Poor Strategy
The business that is not well-influenced or has not started yet is also a reason considered to be on the problem list. The government does not take your steps seriously looking at the non-existence of the business.
How To Avoid:
Set up your business, even though it has just started. Getting an appropriate website, office space, and the license to show the proof that you are active and real to operate the business is a phenomenal point for getting the E2 visa.
The Marginal Consideration Of The Business
The marginal business is the one that does not help the economy of the U.S or create jobs, it only supports you.
How To Avoid:
As we discussed above, creating a 5 year business plan in advance is good for an E2 visa. This shows that you have thought about the growth of business by including more U.S workers in future to join you.
Why Consider Us To Get an Approved Visa Acknowledgement
However the E2 visas comes with strict scrutiny but the EB2Hub helps you understand the technicalities that come in a way when one is getting the visa. Our dedication to clients is the reason for our higher success rate. The above 10 reasons mainly become the reason for the visa denial. The avoiding strategy to make it work is to process the successful visa.