USA Immigration News
U.S. Expands E2 Investor Visas to Israel
Wednesday, 13 June 2012
President Obama added Israel to the countries eligible for E2 investor visas to the United States.
The legislation, proposed by Rep. Howard Berman, would permit Israeli businesspeople and company representatives to live and work in the U.S. under the U.S. E2 Treaty Visitor Visas. There are now seventy-nine countries approved for the E2 visa program.
The E2 Treaty Investor Visa is granted to visa applicants coming to the U.S. for conducting substantial trade, developing and directing the operations of an enterprise in which they have invested. Individuals who are in progress with investing a substantial amount of capital are also qualified for the E2 application. E2 Visa holders must apply for a renewal every two years, without limit on the number of renewals.
Currently, the U.S. is Israel's number one export destination, earning it about $20 billion for yearly purchases in fields such as chemicals, medical devices and communications equipment. Israel is also in the top 20 countries investing in the U.S. from 2000 to 2010, according to the U.S. Industry, Trade and Labor Ministry.
The U.S.-Israeli bilateral trade is expected to increase due to the visa decision, Israeli commercial attaché to Washington Ohad Cohen said.
If you are interested in Visas to the USA, contact Migration Expert for information and advice on which visa is best suited to you. You can also try our visa eligibility assessment to see if you are eligible to apply for a visa to the United States of America.