Breaking News: Portugal enters a new era of global mobility as it becomes eligible for the E2 visa, granting its citizens the opportunity to move to the United States in pursuit of investment and entrepreneurial ventures. This significant development opens doors for Portuguese citizens to establish, develop, and invest in U.S. businesses, fostering stronger ties between the two nations and diversifying the international business landscape. This exciting update marks a new era of cross-cultural collaboration and growth for both countries.
Title: A New Opportunity: Portuguese Citizens Gain Eligibility for E2 Visa to the U.S.
1. Background
The United States has made a significant change in its immigration policy, opening up a new opportunity for Portuguese citizens to reside and work in the U.S. via the E2 visa.
2. E2 Visa: An Overview
The E2 visa is a treaty investor visa, allowing individuals to enter the U.S. when investing a substantial amount of capital in a U.S. business. This visa category is primarily available to citizens of countries with an approved investment treaty with the U.S.
3. Portugal’s New Status
Portugal has recently been added to the list of treaty countries, making Portuguese citizens eligible to apply for E2 visas. This move reflects the strong economic ties between the U.S. and Portugal.
4. Key Requirements for E2 Visa
– Substantial Investment: Investors should be prepared to invest a substantial amount of capital into a U.S. business. The definition of a substantial investment varies by industry and is subject to interpretation by consular officers.
– Active Role in the Business: The investor must be able to show that they will have an active role in the business. Passive investments are not considered eligible.
– Intent to Depart: The applicant must demonstrate that they have the intent to depart the U.S. when their E2 visa status comes to an end.
5. Benefits of the E2 Visa
The E2 visa offers numerous benefits to qualifying investors, including:
– Period of Stay: E2 visa holders can initially stay in the U.S. for up to two years, with the possibility of extensions.
– Family Members: Spouses and unmarried children under the age of 21 can accompany E2 visa holders and can also apply for employment authorization.
– Dual Intent: Unlike the H-1B visa, E2 visa holders do not need to demonstrate non-immigrant intent.
6. Steps to Apply for an E2 Visa
– Prepare the required documents: Gather all necessary documents, including investment details, business plan, evidence of Portuguese citizenship, and proof of financial resources.
– Complete the application form: Fill out Form DS-160, the online application for a non-immigrant visa.
– Schedule an interview: Once the application is complete, schedule an appointment at the U.S. embassy or consulate to attend a visa interview.
7. Conclusion
The new opportunity for Portuguese citizens to move to the U.S. on an E2 visa represents a significant step in strengthening the already robust economic ties between the U.S. and Portugal. With careful planning and preparation, eligible Portuguese citizens can take advantage of this opportunity to live, work, and invest in the United States.
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