How to Apply For E2 Investor Visa of Canada?
Abdullah12Immigrating to Canada can be a great opportunity for skilled workers, capitalists, and families. With over 100 different immigration pathways, Canada boasts one of the most open and dynamic systems in the world. Additionally, Canada is known for having strong levels of open support for immigration. Polls have shown that around 81% of Canadians believe that immigration is beneficial to the economy. This strong support allows the Canadian government to set a target of welcoming 500,000 new immigrants annually.
1. E2 Investor Visa
Under the E2 investor visa, Canadian nationals have a fantastic chance to visit the US, manage, and grow a commercial or business firm they have invested in. The E2 visa does not have a minimum investment requirement, unlike the EB-5 visa, and the investor is also permitted to bring their family and renew the passport indefinitely. Canadian citizens must fulfill specific requirements to be eligible for an E-2 visa. As well as, many investors have benefited from the assistance of the immigration lawyers at Colombo & Hurd in acquiring E-2 visas via the US Consulate in Toronto and via changes of status within the US. For the greatest result on E-2 immigration petitions, they carefully collaborate with their Canadian customers.
2. Necessities for an E-2 Visa for a Canadian National
E-2 visas are a great opportunity for foreign investors, but they are only available to nationals of countries that have a treaty of commerce and navigation with the United States. Fortunately, Canada has such a treaty, which makes Canadian investors eligible for E-2 visas. To be eligible, though, a few conditions must be satisfied. One of the most important requirements is making a significant investment in a business or commercial enterprise in the United States.
No U.S. gov't minimum for substantial E-2 investment, but enough to support company operation. An investor must have and commit money at application time. Minimum investment: $81,000 to $110,000 with 76%+ ownership, depending on the firm. If you want to know how much money you need to invest in your intended business, you should speak with an attorney. The consular officer will decide specifically depending on the relevant business. Please see our advice on E2 heavy investment for additional details on the necessary investment.
3. Application for an E-2 Visa
When evaluating an application for an E-2 visa, the consular officer will assess whether the investment is in a legitimate operating enterprise. This, as well as the investor's, implies that the investment must be in a real, active business that produces goods or services for profit and is not marginal, generating enough income to cover more than just business expenses and the investor's living costs.
Demonstrate E-2 visa eligibility with U.S. citizen employees or significant economic contribution within 5 years. Canadian investors must enter the U.S. to develop/manage a commercial enterprise. Non-principal investors can get an E-2 visa in supervisory, highly skilled, or admin roles, but a company must meet E-2 investment reqs.
4. Requesting an E-2 Visa in Toronto
Canadian E-2 visa obtained/renewed through the U.S. consulate in Toronto. Dependents and employees of registered E-2 companies may also apply at consulates in Calgary, Montreal, Ottawa, Vancouver, or Toronto. To apply, candidates must submit their online visa application electronically and upload a photo. The confirmation page must then be printed and submitted along with the application. The U.S. consulate only accepts submissions with a maximum of 70 pages and no larger than 20 MB.
Candidates must submit an application and supporting docs for an E-2 visa, incl. A cover letter, proof of nationality, ownership, investment, non-marginality, and legitimate, operating enterprise.
5. Candidate's Eligibility
70 pages provided in the initial E-2 visa app. Common issues: non-marginality, business commitment. Applicant must show company benefits beyond family and substantial funds committed to the business, not just held in a bank account.
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