What is an E2 visa?
The E-2 Investor Visa enables a person to enter and work in the country. Depending on the applicant’s place of origin, the E2 visa is valid for three months to five years. Your E2 permit could be renewed indefinitely. Although there is no legal minimum, the investment must be ‘significant’. The E-2 visa is only available to nationals of a few countries.
Employees of the company who are not investors are also eligible for E-2 visas as long as they share the same nationality as the investor.
E2 visas are suitable for up to five years and can be extended by two more years if the holder meets the requirements. There are currently over 70 countries that have signed an E-2 treaty, with the USA, Grenada, and Turkey being two of them.
How to obtain an E2 Visa with a Grenadian passport?
Grenada’s citizenship by investment program grants investors second citizenship and passport, enabling them to travel to over 153 countries without a visa, including the UK, EU Schengen nations, and China. Additionally, Grenada provides its nationals with access to the USA E2 Treaty Investor Visa.
The government of Grenada has signed the E2 pact with the USA. This permits all Grenada citizens to apply for the E2 visa by investing a “substantial” sum in a US company.
The typical minimum investment is $100,000, much less than what is needed for an EB-5 visa. However, assets under $100,000 may be authorized for the E-2 visa depending on the sort of business and its location. Contrary to the EB 5 visa.
No nation is flawless. However, Grenada excels at satisfying many of these kinds of wants with its citizenship by investment scheme. The Grenada program is referred to as the “Ferrari of citizenship” by its officials. The following steps must be followed to apply for an E2 visa:
- Make sure the US organization complies with the E 2 visa immigration rules.
- Fill out Form DS-160
- Make an appointment and pay the application expenses at the US Embassy in Grenada.
- Interview at the American Embassy in Grenada
How to obtain an E2 Visa with a Turkish passport?
One of the world’s oldest and most established economies, Turkey is not a “new” economic force. The World Bank estimated that the Turkish economy would have a GDP of USD 795 billion in 2021. By 2026, Turkey’s GDP is expected to reach USD 1.33 billion, overtaking the Netherlands to become the world’s 18th-largest economy.
Turkey’s citizenship by investment program is quickly rising to the top of the list of most popular in the world, given its position as a significant international transportation hub at the intersection of Europe and Asia. The short processing periods, access to a full passport, and a broad economy are all features of Turkey’s affordable scheme. Additionally, holders of Turkish passports can obtain an E-2 visa, which enables them to move to the United States to start and run a business.
The primary applicant must satisfy one of the following investment conditions to be eligible for citizenship:
- Acquire property worth at least USD 400,000.
- Put down a minimum fixed capital contribution of USD 500,000.
- Fund a Turkish bank account with at least USD 500,000, equivalent foreign cash, or Turkish lira.
- Invest at least US$500,000, equivalent in other currencies, or TRY in government bonds.
After receiving Turkish citizenship, the person can submit their E-2 application in the US. Applicants must invest in a US company with at least a 50% stake. Although there is no formal minimum investment requirement, it is recommended to invest at least $120,000 to guarantee a successful application.
We at iKonnect will be able to support you and your family in adjusting to your new location, whether it be in Grenada or Turkey. We will continue to help you even after you have been granted a visa. Don’t hesitate to contact us if you have any queries or would like a specific breakdown of the prices for your family. We will be happy to assist you.
