EB5 Investor Visa

The Future of EB-5 Investor Visa: Webinar Recording

Last Friday we hosted a webinar on the EB-5 Immigration Investor Visa at a crucial time in the program’s history. The Webinar, titled “The Future of EB-5” featured key experts from the industry weighing in on the outlook for the program.

The EB-5 Investor Visa Regional Center Program is facing reauthorization before the end of June – this just refers to investments through the Regional Center program, Direct EB-5 (where the applicant makes and manages the investment themselves) is unaffected.

Watch our panelists debate the probability of reauthorization and the possibility of a temporary lapse if Congress cannot pass legislation in time. They detail the reform proposals in the EB-5 Reform and Integrity Act in the Senate, as well the potential need to compromise with a rival bill.

Also discussed is the possibility of the investment amount lowering from USD 900,000 to USD 500,000 because of a lawsuit currently working its way through the California courts. The premise is that the 2019 price increase was illegal because Trump’s Department for Homeland Security DHS chief was improperly appointed.


The expert panel also answer a range of questions from more than 100 people who participated.

Webinar: Future of EB5

Webinar FEATURING

Kurt Reuss- Founder, EB5 Marketplace

Matt Hogan – Vice President of Project Development, CMB Regional Centers

Asif Chhipa- Managing Director – India, Pakistan, Middle East, First Pathway Partners

AND

Mark I. Davies- Global Chairman, Davies & Associates


This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


Grenada Citizenship by Investment Programme

Grenada Reopens to Vaccinated Travellers

Grenada is reopening to fully vaccinated travellers. And while you do not actually need to visit Grenada to obtain Grenadian Citizenship by Investment, many applicants do still wish to go and forge a personal connection with the island paradise in the Caribbean Sea.

Getting into Grenada

Grenada considers a person fully vaccinated two weeks after the second dose of Pfizer, AstraZenaca or Moderna, or two weeks after the first dose of the single-shot Johnson & Johnson Janssen vaccine. What is the process for getting in if youre fully vaccinated?

  1. Book two nights of quarantine in an approved location before you travel
  2. Get a PCR test 72 hours before flying
  3. Prepay for a PCR test for your arrival in Grenada
  4. Obtain travel authorisation from Grenada
  5. Fly to Grenada
  6. Present proof of vaccination
  7. Take PCR test at airport
  8. Stay in quarantine for 48 hours while your PCR test is checked

Pathways to Citizenship in Grenada

Grenada offers two pathways to citizenship – a donation to its National Transformation Fund starting from $150,000 or an investment in real estate from $350,000 with a $50,000 government fee. There is also an option for a partial share of a real estate investment from $220,000. Investment opportunities must be approved by the government and tend to be hotels and villas on the island. There are a handful of approved developers who have a long history working with the CBI programme. Some developers offer the option for a buyback of your investment after Grenada’s CBI conditions have been met.

Benefits of Grenada Citizenship

Grenada has a strong and stable economy with a strong tourism sector. Tourism numbers inevitably fell during the pandemic, but the country is predicting a quick rebound. Reopening the border to fully vaccinated travellers is the first step in this process. The Grenadian passport is relatively strong offering visa free access to around 130 countries, including the United Kingdom, the European Union, and the People’s Republic of China.

Access to the E-2 Visa

Grenadian citizens are also eligible for the United States E-2 Treaty Investor Visa. This allows a person from a treaty country to move to the US to invest in and run a business or franchise. Only citizens of Treaty Countries are eligible, so that excludes India, Russia, China, Vietnam and more. We have helped clients obtain E-2 visas via Grenada and its Citizenship by Investment programme.

While the Grenada CBI programme does not require applicants to visit the island as part of the application process, it is advisable that anyone considering the E-2 option should visit the island and create local ties. The US embassy that is responsible for E-2 applications from Grenadian citizens is on the neighbouring island of Barbados and Grenadian E-2 applicants may have to visit Barbados for interview.


This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


Investor Visa Application

EB-5 Investor Visa for Graduating Students

Although studying and working in America is a dream that many parents have for their children, the pathway to achieving this has never looked more challenging. There is, however, one route that removes all the hurdles at a single stroke: the EB-5 Investor Visa.

Fast Route to a Green Card

The EB-5 visa is one of the fastest routes to a Green Card (US permanent residency). A green card removes the need for students to jump through the hoops of F-1 student visas, Optional Practical Training (OPT), and the much-maligned H-1B visa. 

Permanent residency allows your children complete freedom to study or work anywhere in the United States and gives them time to find suitable employment. They may even qualify for in-state tuition fee rates.

OPT and the H-1B visa binds a student to a particular employer putting them in a weaker negotiating position when it comes to monetary compensation and benefits. It is harder to move jobs or, therefore, to leverage another offer to extract more concessions or a promotion. 

The EB-5 visa dispenses with these issues as your child’s presence in the US is not directly tied to their employment and there is no obligation to find a job or leave the country; it provides time to find a position with the best prospects for the future.

EB-5 Requirements

The EB-5 visa requires a minimum $900,000 investment. A whole family can receive green cards from a single investment, provided the children are under the age of 21. 

The US authorities apply a slightly complex calculation around the age of children. Their age freezes at specific points of the application process and then unfreezes at other stages, which gives rise to the slightly strange situation wherein their actual age may be different than their age in the eyes of US Citizenship and Immigration Services (USCIS). 

It is best to discuss this with an immigration attorney since long-term forward planning is always recommended. There is a maximum of just over 700 visas available to each country each year, which means that countries face a waiting list if this number is exceeded. This could cause delays and push a child over the age of 21. If this happens, the child would require an EB-5 investment separate from the rest of the family.

EB-5 Visa Source of Funds Requirements

The money used to fund the EB-5 investment must come from acceptable sources, and the USCIS requires you to document and explain the source of your funds. Source of funds can be Sale of property, investments, gifts, etc. This can be a time consuming process depending on the complexity of the movement of funds and therefore, planning before your child reaches 21 years is vital if you intend to file a family application. Proper planning is advised for all remittances.

The EB-5 investment must be made in a new commercial enterprise and must create ten (10) jobs. Failure to comply could put the Green Card at risk. So, while there are few takers who decide to make and manage the investment themselves via Direct EB5 route, most people choose to invest with a government-approved Regional Center. 

There are many Regional Centers of varying quality; hence it is crucial to conduct due diligence on the Regional Center and its project to reduce any risks to the return of your $900,000 investment. 

EB-5 may just be the ultimate graduation present for your child, however it would be too late if you start intend to move forward with it just before graduation. Even though the process may take considerable time, the rewards of working in the US without hindrance are very enticing for any student or their parents.

By Girish Mohile, Connect with Girish.

EB-5 Process & Timeline

EB5 Process
Details of the Process & Timeline for an EB-5 Visa Application

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


US Business Immigration Visas: L1, E2, EB5 Comparison Table

US Business Immigration Visas: L1, E2, EB5 Comparison Table

Our firm has helped hundreds of business owners and families move to the United States on EB-5, E-2 and L-1 visas. Which visa is best depends entirely on your unique personal circumstances. We recommend every new client have a free consultation with our team to discuss the various options in light of their personal goals, budgets and interests.

L-1 VisasE-1 VisasE-2 VisasEB-5 Visas
Visa available to nationals of any country?Nationals of treaty trader countries onlyNationals of treaty trader countries only
Must I have worked for a related company abroad for one year?
Ability of dependent Spouse to work in US
Can the visa be renewed into perpetuity assuming I re-qualify?
Is a business plan a very key element of a successful application?
Minimum investment RequiredSufficient to operate valid foreign business and US office or business entityNo theoretical minimum, but enough investment to create a real, viable, businessSufficient to fund business enterprise, generally > $100,000 although less is possibleEither USD 900,000
or USD 1,800,000

Visa Duration

One of the key differences is the length of time you can remain in the United States on each visa. The EB-5 visa leads directly to a Green Card (permanent residency). This means you can stay in the United States permanently until such a time as you opt to surrender your Green Card or apply to naturalize as a US citizen.

The L-1 visa and the E-2 visa are both non-immigrant visas. These do not offer permanent residency, but the E-2 visa is perhaps the next best thing because you can renew it indefinitely. Unlimited renewals means that you could technically live in the United States forever, provided the underlying business remains in operation.

The L-1 Visa is renewable up to a maximum of seven years for the L-1A visa and five years for the L-1B visa. After this time you would need to leave the US or transition to another visa or apply for a Green Card. It is best to discuss your options with an L-1 Visa attorney. Good fits for the L-1 visa are the EB-1(c) visa or the EB-3 visa. You can of course, also explore options for transitioning to a Green Card from an E-2 visa if you wish to make your presence in the US more permanent and not tied to the E-2 business.

The amount of time granted on your initial L-1 and E-2 visa will vary depending upon where you are from. Each country has a so-called reciprocity schedule which dictates the maximum visa validity period. Note that your visa might not be granted for the full period listed under your particular country. The authorities may wish you to return sooner to check on the status of your business. For example, “New Office L-1 visas” are granted for just a year initially, so checks on your progress can be made.

Investment Requirements

Each visa comes with a different associated investment requirement. The EB-5 Immigrant Investor Visa – as the name suggests – offers a Green Card by investment. The investment requirements are $900,000 for investments in a Targeted Employment Area (TEA) and $1.8 million outside these areas. In practice, the Regional Centers who manage the vast majority of EB-5 investments all work in TEAs and so only the $900,000 applies. If you wish to do Direct EB-5, we would need to make sure the investment is placed in a TEA to qualify for the lower amount.

By conducting due diligence on the Regional Center and its project, an EB-5 investor can mitigate risks not only to the Green Card but also to the return of your capital. Most Regional Centers offer very low rates of interest (in many ways the Green Card itself is the return on the investment). By investing with a reputable Regional Center in a reliable project there is no reason why the investor should not see the return of their capital after several years.

There is no fixed investment requirement for the E-2 Visa. A good rule of thumb is that it should be in excess of $100,000 and must be appropriate for the business you are proposing to start or acquire. We have seen some successful E-2 applicants for less than $100,000, so we encourage you to contact us regardless. The investment does not only need to be cash – it can also be in stocks of inventory, patents, equipment etc.

The L-1 visa does not require investment if you are simply transferring from the overseas branch to the existing branch of a multinational company. New Office L-1 visas inevitably require investment to set up and grow the new US office. This needs to be suitable to the needs of the business.

Work Authorization

The EB-5 visa offers complete freedom to work (or not work) in the United States. A single application/investment can include not just the applicant but any spouse and children under the age of 21. Each family member receives their own Green Card meaning they are free to work in the United States. We find many of our EB-5 clients are motivated by their children university education and work prospects after graduation.

The primary applicant for the E-2 and L-1 visas are obviously required to work in the role they moved to the US to fulfil. Spouses of these visa holders, however, can apply for work authorization in the United States. This offers a lot more employment flexibility than the popular H-1B visa for example, since you are not tied to a particular employer. As non permanent residents, you are only taxed on your US earnings.

There are many different pros and cons to each of these visa categories. It is vital to discuss your personal circumstances with our team so we can take you through every eventuality and thereby determine the best visa for you and your family.


This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


Why OCI may be the Next Best Thing to Citizenship for Indians

India does not allow dual citizenship, but Overseas Citizenship of India (OCI) status offers a form of permanent residency with many of the benefits of Indian citizenship.


Second Citizenship and OCI

We have experienced a sharp rise in demand for second citizenship among our Indian clients over the past few years. While many wish to relocate to long-popular destinations like the UK, Canada & Australia, a new trend has been quietly emerging.

Indians have started to obtain citizenship of less well-known places like Grenada in the West Indies. Places they have never visited and sometimes never even heard of before.

Why are they doing this? Well Grenada has lots to offer in its own right – a stable economy, beautiful beaches, and cricket, to name just a few. But one of the primary motivating factors is the fact that it offers Indians access to the United States E-2 Treaty Investor Visa.

The E-2 Treaty Investor visa allows a person to move to the United States with their family for the purposes of investing in and running a business. Unlike the popular H-1B Visa, there are no limits or quotas, and it is not subjected to the same fast changing political whims.

The E-2 Treaty is governed by treaties with sovereign states, which outlast one particular president or another. But it is precisely because it is governed treaties that India is not eligible. India does not have a relevant treaty with the United States.

Therefore, to become eligible the E-2 visa, Indians need to first obtain citizenship of an E-2 Treaty country. The E-2 Treaty countries with the quickest and most cost-effective pathways to citizenship are Grenada and Turkey. Grenada has typically been more popular with our Indian clients.


What is OCI?

The only reticence we see with Indian clients pursuing the Grenada + E-2 route surrounds the issue of citizenship.

While Grenada allows dual citizenship, India does not. So, our clients are faced with the prospect of giving up their Indian citizenship for citizenship of a much smaller country a long way from home.

While for some, this is entirely worthwhile. They see the strength of the Grenada passport worldwide (it is one of the few countries to have visa free access to China, as well as the European Schengen area, and the U.K. – not to mention its access to the E-2 Treaty Investor Visa).

But for others, the decision can be more daunting.

That is where OCI or Overseas Citizenship of India comes in. Anyone faced with the prospect of giving up their Indian citizenship can apply for OCI status and have many of the same rights as full citizens.

The principle differences between OCI and full citizenship are that Overseas Citizens of India are not eligible to vote, are not eligible to hold public office, and are not eligible to acquire agricultural land.

In most other aspects Overseas Citizens of India are treated much the same as Non Resident Indians (NRIs), Indian citizens who reside outside of India for at least 182 days per year.

The OCI is essentially a life-long, multiple-entry visa to visit or live in India for any purpose including work. It is essentially a form of permanent residency.


Some benefits of OCI
  • No need to report presence in India to the authorities
  • Same rights as Non Resident Indians except not able to acquire agricultural land
  • Additional permission required for work in fields of journalism, research, missionary and mountaineering
  • Same rights as Indian citizens to domestic air fares and to the admission price for national parks
  • Same rights as Non Resident Indians to work in registered progressions, e.g. doctors, dentists, nurses, advocates, architects, and chartered accountants.

And it is not only people who surrender their Indian nationality that are eligible for OCI status. Anyone with an Indian parent, grandparent or great grandparent is eligible. This makes the OCI program very popular in countries with large Indian diaspora communities like the United Kingdom, the United States and Canada.


Restrictions on OCI
  • Cannot vote
  • Cannot run for political office
  • Cannot obtain government jobs
  • Cannot acquire agricultural land

Grenada Citizenship by Investment

Citizenship of Grenada can be obtained within an average of less than three months for an investment in real estate starting from $220,000 or a donation to a public fund from $150,000. The Turkish program requires an investment in real estate starting from $250,000 or deposits in a Turkish bank of $500,000 or more.


What is the E-2 Visa?

The E-2 visa allows a person to move to the U.S. with their family to actively invest in and run a business. The required investment should be suitable for the business, usually starting from $100,000, and this should be reflected in a credible business plan. Spouses can apply for work authorization outside the business and the family is free to travel to and from the United States.

It is possible to invest in a franchise business, or set up a business from scratch. It is important that the business is structured in a way that complies with all immigration regulations. We advise E-2 applicants to engage not just our immigration lawyers, but also our corporate lawyers. Both teams work closely together to maximize the chances of a successful application and subsequent renewals.


Reversing the Process: Becoming a Citizen Again

The decision to surrender Indian citizenship is rarely taken lightly. OCI offers many of the same benefits, and for people whose minds or circumstances have changed, there is a route to re-obtaining Indian citizenship.

A person who is registered as an OCI for 5 years is eligible to apply for Indian Citizenship if they have been living in India for one of those five years.

This is, nevertheless, an immensely important decision. We recommend that you speak with our attorneys so you are fully apprised of OCI, citizenship by investment, and where applicable, the E-2 Treaty Investor Visa. Please contact us to discuss your personal circumstances.


This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


Keeping a Family together through the E-2 Visa: Client Case Study

Our client wanted to be temporarily reunited with his wife who was living in the United States, but time limitations to his visitor visa meant he had to seek a longer- term alternative. The E-2 Treaty Investor Visa proved the optimal solution.

By Verdie Atienza, Senior Attorney, Head of E-2 and L-1 Visa Practice

Our firm assisted a Jordanian national to with obtaining an E-2 visa and subsequently a green card. While he is married to a US permanent resident, he did not initially wish to reside in America permanently.

Since he did not want to be apart from his wife for too long, he entered the US on his visitor’s visa and was given a period of 6 months of authorized stay.

Prior to the expiration of his period of authorized stay, he has decided that he wants to stay for a longer period of time to determine whether he wants to permanently decide to live in the US or convince his wife go back with him to Jordan. We recommended the change of status to E-2 option for him.

Our firm assisted him in setting up his E-2 company and guided him on making the investments. He opened a bakery restaurant which offers a variety of Lebanese-style flatbreads with a variety of toppings, with options for meat-lovers, vegetarians, and vegans.  

Having a permanent resident wife posed a hurdle in terms of proving his non-immigrant intent. We worked with the client in documenting ties to Jordan and we successfully obtained an approval which granted a period of authorized stay of two years on E-2 status.

The success of his business changed his mind about his future in America. He decided to apply for permanent residency by virtue of his marriage to a Green Card holder.

The priority date for spouses of permanent residents had recently become current and so we advised him to immediately file an adjustment of status application.

The application has been approved and he is now waiting for his Green Card. With careful planning, our firm managed to lessen the client’s physical separation from his wife.

What is the E-2 Treaty Investor Visa?

The E-2 Visa allows a person to move to the United States for the purposes of investing in and running a business. The visa is renewable indefinitely, provided the underlying business remains in operation.

Spouses can move to America along with the primary applicant and can apply to work outside the business. Dependant children can also move to the United States with their parents.

Investors can choose to purchase a ready-made franchise business provided it complies with the E-2 visa regulations. Davies & Associates has a team of corporate lawyers to make sure the franchise or start-up is structured in a way that complies with all the immigration regulations.

While many E-2 clients opt to invest in restaurants or retail, some choose to have businesses that do not necessarily require a bricks-and-mortar presence. These people benefit from a recent innovation to the E-2 visa program that no longer requires the business to have a physical premises.

Who is eligible for the E-2 Treaty Investor Visa

Eligibility for the E-2 Visa is determined by country of citizenship. An applicant must hold citizenship of a country that holds an E-2 Treaty with the United States.

The full list of countries with E-2 Treaties can be found here. Jordan holds an E-2 Treaty with the United States, so this client was directly eligible for the program. Since there are no quotas for this program, the client was not subject to any waiting lists and his application could progress quickly.

Furthermore, since the E-2 Treaty is governed by treaties, it is less exposed to political machinations than most other visa categories. These treaties tend to outlast short-term political changes in Washington.

If the client had not been from an E-2 Treaty Country, the client would need to have first obtained citizenship of an E-2 Treaty Country. The two E-2 treaty countries offering the quickest and most cost-effective pathways to citizenship are Grenada and Turkey.

Grenada offers dual citizenship within just a few months in exchange for an investment in real estate starting from $220,000 or a donation to a government fund starting from $150,000. Turkey requires a $250,000 investment in real estate or $500,000 deposits placed with Turkish banks.

Please contact us for more information: vatienza@usimmigrationadvisor.com

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


UK, Canada, Australia: Gateways to The E-2 Treaty Investor Visa

UK, Canada, Australia: the other gateways to the E-2 Treaty Investor Visa

While Grenada and Turkey understandably dominate the discussion around the E-2 Visa, other countries also offer a potential pathway to this desirable visa category.

To qualify for the sought-after E-2 Treaty Investor Visa, you must be a citizen of an E-2 Treaty Country. You can find out if your country holds an E-2 Treaty with the United States by checking this list. If your country is not on the list, you would first need to become a citizen of an E-2 Treaty country to qualify.

It sounds complicated, but in reality it can be quite straightforward. At Davies & Associates we have a lot of experience with helping clients through a two-stage process of becoming a citizen of an E-2 Treaty Country then applying for the E-2 visa.

Most of our clients have opted for Grenadian or Turkish Citizenship by Investment (CBI) programs for the simple reason that these countries offer the fastest and most cost-effective routes to citizenship.

Indeed, you could even be living in the US on an E-2 visa within just nine month because processing times for both the CBI programmes and the E-2 visa are very fast. (Covid notwithstanding).

So if it is speed and price you are looking for, then please contact our team to discuss the Grenada and Turkey options. (It should be noted here that both Grenada and Turkey both offer fantastic commercial, educational, and other benefits in their own right. This has been the subject of several other blogs in this feed. Please contact us to discuss this in greater detail).

But for some of our clients, other factors are at play in influencing their motivations, this includes family, education or business interests.

Take the United Kingdom for example. The UK is the oldest E-2 treaty country in the world. In fact, the Treaty dates back over two hundred (200) years. Anyone who becomes an UK citizen is then eligible to apply for the United States E-2 Treaty Visa.

The UK offers an investor visa program which is almost ten times as expensive as citizenship through real-estate investment in Grenada, and eight times as much as a similar type of investment in Turkey.

The United Kingdom also has a much longer pathway to citizenship. A person can claim indefinite leave to remain in the UK after five years and citizenship after six. (Although the time it takes to become a citizen can be reduced if you invest more.)

Despite this, some of our clients prefer the UK route because it makes sense based upon their personal interests and circumstances.

The UK investor visa example is useful for drawing a direct comparison with the Grenada and Turkey programs. But there are other ways to become a UK citizen.

For example, there are British visa categories that encourage start-ups or other types of businesses than can provide a route to citizenship. Starting a business in the UK can be a good springboard for an E-2 business in the United States (or you might wish to consider a new-office L-1 visa instead).

Or there are family-based immigration options. This is one of the more popular routes for our clients. Especially our Indian clients. And this is not limited to the United Kingdom. We have seen clients become citizens of Canada and Australia and then apply for an E-2 visa.

The best thing to do is to check out the list of E-2 treaty countries. If your country is on there, our team can discuss the E-2 process with you directly. If your country is not listed – have a look through the countries that are on there. Determine if you have any connections or interests in any of these countries, and then discuss with our team about whether these are viable options.

The E-2 Treaty Investor Visa allows a person to move to the United States with their family for the purpose of owning and operating a qualifying business. It has relatively low investment requirements, does not create a tax liability on earnings outside the US, and it can be renewed indefinitely. A spouse can apply for work authorization outside of the E-2 business, franchise businesses are eligible, and if you don’t have a business plan in mind, we can help.

Contact us to discuss your personal interests and circumstances.

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


Grenada Citizenship by Investment Programme

Top 4 reasons to choose the Grenada Citizenship by Investment Programme

By Maxine Philavong

Grenada: a beautiful island, tiny island in the Caribbean. Filled with white sandy beaches, lush green vegetation and buzzing coral reefs, many miss out its numerous advantages due to its small size. But those who are looking for investment and citizenship opportunity should not overlook the “Island of Spice.” Indeed, Grenada is home to the Grenada Citizenship by Investment Program, a government sponsored program that provides rapid access to the United States E-2 Investor Treaty.

The E-2 Treaty Investor Visa allows a person to move to the United States with their spouse and dependent children for the purposes of owning and operating a business. Only citizens from certain countries are eligible for the visa.

Grenada is the only Caribbean country which holds the coveted E-2 visa treaty with the US, allowing citizens to apply for a non-immigrant visa and reside there. This is an incredible opportunity as many countries such as China, Russia, India and countries of the Gulf region do not have an E-2 treaty with the US, you can obtain your citizenship of Grenada first then apply for USA E2 Visa.

Grenada Citizenship itself provides many benefits in its own right, some even calling Grenada citizenship the “golden visa.” This includes no residency requirements, no tax on worldwide income, as well as citizenship of a politically and economically stable country. The Grenada Citizenship by Investment Program is just the icing on the cake when it comes to the island’s many advantages.

Grenada’s citizenship by investment program is one of the most cost effective in the world. Here are our top 4 reasons why clients might be interested in choosing the Grenada Citizenship by Investment Program:

  1. Fast Processing Times

Processing times for the Grenada CBI programme are extremely fast. It usually takes less than three months and there’s no requirement to visit. And, if you want to then obtain an E-2 visa, the timings are also favorable. The E-2 visa can take as little as six months. This means that you could be holding Grenadian citizenship and living in the US within just nine months.

  • Lower Capital Investment

The Grenada Citizenship by Investment cost is one of the most effective in the world. Investors have two main options: a $150,000 donation to Grenada’s National Transformation Fund or an investment in real estate that starts from $220,000. Through our strong presence on the island, D&A is able to help our clients navigate the investment opportunities. Upon request, our senior staff will visit the island with clients and introduce them to key stakeholders including members of government, as well as investment fund managers and real estate developers.

  • Worldwide income is not taxed

Grenada does not tax income outside the country. This means earnings you make from business interests or property outside Grenada are not likely to be included. And, if it comes to the E-2 visa, you would not be taxed on worldwide income by the US either. The E-2 visa is a non-immigrant visa. US permanent residents / Green Card holders are taxed on worldwide income. The D&A team includes tax attorneys who can advise you. D&A has forged close relationships with all the stakeholders in Grenada’s Citizenship by Investment Programme and have been successful in helping people from around the world achieve citizenship of this forward-looking country.

  • Keep your existing citizenship

Grenada permits dual citizenship, meaning that you do not necessarily need to give up your existing citizenship when you acquire Grenadian citizenship. It all depends upon the rules of the other country or countries. India, for example, does not allow dual citizenship. It does, however, allow you to hold Overseas Citizen of India (OCI) status. This offers similar benefits to citizenship with some restrictions, e.g. on the rights to own land or run for political office.

Contact D&A today to learn more about the Grenada Citizenship by Investment Programme

The Grenada Citizenship by Investment programme requirements are strict but simple. Applicants must have a clean criminal record and be able to verify their source of funds. With D&A’s support, the whole process can run fast and smoothly. A well-prepared application combined with the efficiency of the Grenadian authorities, means that processing time takes an average of just two months.

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients. External links are not an endorsement of the content.


Acquire a Franchise Business and Move to the United States

Did you know it was possible to move to the United States to run a franchise business. The E-2 Treaty Investor Visa allows people to emigrate to the US for the purposes of investing in and managing a business. This can include a franchise.

In this video, our Global Chairman Mark Davies, addresses some of the frequently asked questions about franchise business. And advises on some of the pitfalls to be aware of and to avoid.

For example, franchise brokers can help with the whole process. However, it is important to know if they are earning commission and to seek external advise.

Not all franchises are eligible for the E-2 visa, so it is important to check first. It is especially useful to have a corporate lawyer review the franchise agreement before you sign.

If you are not from an E-2 Treaty Country. Contact us to discuss ways to become eligible for the E-2 visa. This usually involves obtaining citizenship of a country that has an E-2 Treaty with the United States. Grenada and Turkey offer the most cost-effective pathways to citizenship.

This article and video is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients.


EB-5 petitions visa

E2 Visa: You Now No Longer Need a Physical Office Space

By Sukanya Raman, Associate, D&A Mumbai Office

On July 17th 2020, the Foreign Affairs Manual (FAM) was updated by the United States Department of State (DOS). The updates state that an applicant need not have a physical office space to qualify for E Visa.

E-1  Treaty Trader and E-2 Treaty Investor visa applicants shall benefit the most. E-1 and E-2 visas are non-immigrant visas. Under an E-1 visa, applicants of the treaty country are permitted to enter the U.S. wholly to engage in international trade. Under the E-2 visa, applicants of the treaty country are permitted to enter the U.S. by investing a substantial amount of capital in a U.S. business.

The E visa the classification has a lengthy list of requirements, a few of the  general ones are as follows:

Treaty Agreement

Nationality of E visa qualifying country

50% ownership and/or control & possession

Trade is predominantly between the United States and the treaty country

Enterprise must be real and operating a commercial enterprise

Substantial capital investment

Must be in the position to “develop and direct” the enterprise

Physical office space (no longer mandatory)

Above mentioned are a few mandatory requirements for the E visa application. However, having a physical office space is now optional to qualify for an E visa application.

E visa can now be available for businesses with virtual offices in the U.S. This gives the flexibility to  the applicants to save a huge amount of money from the substantial capital investment in leasing office space and other associated costs to it. We see a lot of clients substantial capital investment amount was invested in leasing the office premises, which they can now utilize in the business for explanation or for development, provided the other requirement of the E visas are met.

The new FAM  reads as “An applicant does not necessarily need a physical office space to qualify for an E visa.  Although having physical office space may be relevant in determining whether the requirements for an E visa have been met, it is not a requirement to qualify for the visa.”

The E-2 Visa is available to citizens of Treaty Countries. Click here to see if your country is on the list. If your country is not on the list, it is possible to become eligible by first obtaining citizenship of an E-2 Treaty country. Click here to learn more about this process.

sraman@usimmigrationadvisor.com

This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients.