E2 Visa

Important aspects about the E2 visa for Portuguese citizens

Brazilians with Portuguese citizenship have gained a new visa modality for the USA. In December 2022, the USA allowed the inclusion of Portugal in the E2 Visa (Investor Visa). The E2 visa is a type of investor visa available to citizens who wish to invest in a business in the United States. If you are considering applying for this visa, it is important to understand the requirements, who applies and how to apply. Can Brazilians with dual citizenship already apply for the visa? “We need to wait a few months to really see this take shape. Our source is the American government’s own agencies. We have been in contact with the American embassy in Lisbon, we have been in contact with the American consulate in São Paulo and they are still working internally to develop the processes and procedures to make the application of the E1 and E2 visas for Portuguese people a reality”, commented Louanni Ribeiro, senior immigration lawyer from Drummond Advisors. What steps can be taken? Louanni mentioned two important tips to prepare for the process: First tip: “Verify that your Portuguese passport is valid, since the . visa, when approved, will be stamped in that passport.” Second tip: “Always consult with an immigration attorney licensed in the United States who can present you with the E2 visa requirements and help you assess the viability of your application. Part of the investment process involves understanding the source of the investment, that is, where the funds to be invested came from. Another relevant point is to understand how much you, as an individual, want or have available to put at risk in this business. If you are in the process of raising the resources to be invested and you already have the Portuguese passport it is worthwhile to already talk to a licensed lawyer and have those months to shape your dream.” E2 visa requirements for Portuguese citizens To be eligible for the E2 visa, you must be a Portuguese citizen, carry a Portuguese passport and have invested or be in the process of actively investing in a business in the United States, which must have the ability to generate profits and create jobs for American workers. There is no minimum amount of investment, but the investment must be substantial and be able to face the type of business you are starting. To whom does this visa apply? The E2 visa is available for Portuguese citizens who wish to invest in a business in the United States. If you are an active investor, an entrepreneur or a prospective entrepreneur, the E2 visa may be the ideal option for you. It is important to note that this visa is temporary, so if you wish to reside permanently in the U.S., you may need to consider other visa options. Key features One of the main advantages of the E2 visa is that it allows you to live and work in the United States while running your business. In addition, the E2 allows your spouse and children under the age of 21 (unmarried) to accompany you to the U.S. as dependents. Watch the video recorded by Global Mobility partner Fabiana Guerra and senior immigration lawyer Louanni Ribeiro: https://www.youtube.com/watch?v=Itnz_tjGpBk Do you intend to apply for the E2 or another visa category? Get in touch with our team through the chat available or email info@drummondadvisors.com Written by Marcos Ferreira, Content Assistant at Drummond Advisors

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Leveraging an E-2 Enterprise into an EB-5 Green Card

By: Chris Costa Many E-2 non-immigrant visa holders feel that obtaining permanent residence through their E-2 enterprise is unattainable due to the much higher investment amount required for a direct EB-5 immigrant visa petition. Many E-2 non-immigrant visa holders are surprised to discover (1) that their E-2 enterprise is principally doing business in a TEA and may benefit from the lower EB-5 investment threshold; or (2) that the EB-5 investment period is not limited to a certain time period. Many E-2 non-immigrant visa holders are surprised to discover (1) that their E-2 enterprise is principally doing business in a TEA and may benefit from the lower EB-5 investment threshold; or (2) that the EB-5 investment period is not limited to a certain time period. Under the EB-5 Reform and Integrity Act enacted on March 15, 2022, the U.S. Department of Homeland Security (DHS) will now designate TEA’s instead of individual state agencies, as has been the practice to date. Subsequent to TEA designation by DHS, if an E-2 enterprise is deemed to be principally doing business in a TEA, and has been throughout the investment period, then the E-2 investor would be able to avail themselves of the US $800,000 EB-5 investment minimum. To satisfy the EB-5 investment minimum of US $800,000 for enterprises principally doing business in a TEA, an E-2 investor may avail themselves of the original E-2 investment plus any additional funds invested in the enterprise. Pursuant to regulation additional investment funds may include any post-tax reinvestments that could have been allocated to the E-2 investor as dividends or profits. Therefore, funds generated by the E-2 enterprise and reinvested in the business by the E-2 investor for purposes of equipment or inventory purchases, additional hiring, marketing campaigns and business expansion all count towards an EB-5 investment. E-2 investors would be well advised to analyze whether (1) the E-2 enterprise is principally doing business in a TEA; and (2) whether their investments in the E-2 enterprise throughout its lifetime qualify for EB-5 investment qualification from an accounting and legal perspective. E-2 enterprises which employ or may soon employ at least 10 full time workers may qualify as EB-5 enterprises provided investment requirements are met. For a consultation on leveraging an E-2 enterprise into an EB-5 Green Card please reach out to Drummond Advisors.

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Green Card and Visas for investment: invest and live in the US

A Drummond Advisors promoveu o Webinar “Green Card e Vistos por investimento: invista e more nos EUA“ com o objetivo de ajudar quem possui interesse em investir, empreender e morar nos Estados Unidos, mas ainda tem dúvidas sobre o assunto. O evento teve foco no processo e nas estratégias para obter os vistos EB-5, EB-1C e E-2 por meio de investimentos inteligentes e contou com a participação de especialistas da Drummond Advisors e da InvestAmerica. Mila De Olano, Global Development Coordinator – InvestAmerica e Louanni Cesario, Senior Associate – Drummond Advisors Business Immigration Team, foram as painelistas. Pedro Drummond, sócio da Drummond Advisors, foi o moderador do bate-papo. https://youtu.be/Gd6S9cVAnoEConfira o webinar na íntegra em nosso canal do YouTube Veja a seguir os principais pontos que foram abordados durante o painel: Visto E2 O visto E2 é um visto de trabalho temporário, que possibilita que um cidadão de um país com o qual os Estados Unidos mantêm um tratado de comércio e navegação seja admitido nos EUA ao investir uma quantidade substancial de capital em uma empresa americana. Segundo os palestrantes, o fato de o Visto E2 ser consular o torna extremamente vantajoso. Um dos mitos que rondam esse tipo de permissão de entrada é a existência de um valor mínimo de investimento que já está pré-definido, mas não necessariamente é o que acontece na prática. A verdade é que o E2 precisa apenas ter um valor que seja viável e esteja de acordo com o plano de negócio em questão. O E2 pode ser aplicado por um investidor, um executivo, ou até mesmo por um funcionário qualificado que tenha a mesma nacionalidade dos donos da empresa em que irá trabalhar. Embora o Brasil não seja signatário de tratado para visto E-2, brasileiros com dupla cidadania, tais como italiana, alemã, espanhola e outras, podem se valer deste visto. Vale ressaltar que todos os países que possuem consulados americanos costumam processar o E2. Os brasileiros que têm outras nacionalidades que são elegíveis ao E2 devem processar o pedido do visto em seu país de residência. Visto EB-5 Criado pelo governo federal dos Estados Unidos na década de 90, o EB-5 concede ao investidor e aos seus familiares imediatos um “período de residência condicional” inicial de dois anos e, por fim, residência permanente (um Green Card). O objetivo do EB-5 é estimular a economia, sendo assim, quem aplica a esse tipo de Green Card deve, obrigatoriamente, investir em um projeto comercial que tenha como uma das metas gerar, pelo menos, 10 empregos de jornada integral dentro de um período de dois anos. Nesse modelo, o primeiro Green Card é concedido em caráter condicional. Existem duas formas distintas para se candidatar a um EB5: Investimento direto no EB-5 (mínimo de US$ 500.000) ou; Investimento em Centro Regional EB-5 (temporariamente suspenso pelo governo norte-americano). Após o investimento, a aprovação do EB-5 demora, em média, dois anos para brasileiros. EB-1C Para aplicar ao visto EB-1C, a pessoa deve ter mantido um emprego, fora dos Estados Unidos, nos 3 anos anteriores à petição, por pelo menos 1 ano em uma empresa com afiliada no exterior em posição gerencial ou executiva e deve estar procurando ocupar posição gerencial ou executiva em uma empresa afiliada nos EUA. O requerente do visto deve ser uma empresa legalmente estabelecida nos EUA que tenha relação mínima de afiliada com o seu atual empregador. Esse visto é comumente utilizado por empresas multinacionais como continuação do visto L-1A, possibilitando que o gerente ou executivo transferido ocupe posição permanente na empresa americana. Flying Biscuit Criado pela InvestAmerica, o programa Flying Biscuit (www.flyingbiscuit.com) pretende abrir seis novas franquias com a participação de um investidor da modalidade EB-5 em cada uma. A Flying Biscuit foi fundada há 28 anos em Atlanta, Georgia, tendo como especialidade servir café da manhã típico da região sul dos EUA, conhecida como “comfort food”. Saiba mais em: https://investamericap.com/ Ficou com alguma dúvida? Entre em contato conosco pelo e-mail info@drummondadvisors.com. Compartilhar Vamos conversar ?

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