live, work and study in the USA
Grenada’s E-2 Visa Treaty with the USA
Grenada is one of the few countries in the world that has both an active CBI programme and a bilateral investment treaty with the USA, which allows citizens of Grenada to apply for an E-2 treaty investor visa to live in the USA. The E-2 Investor Visa requires the investor to make a qualifying investment in a US business that he/she can then “direct and control” while in the US in E-2 status. E-2 investor visas are available only to citizens of countries that have an E-2 visa qualifying treaty with the USA. If granted, an E-2 visa is valid for up to 5 years, and can be renewed without any limit on extensions for the rest of your life, provided that the underlying investment still qualifies.
The E-2 option has become an attractive alternative for investors considering the US Eb-5 programme.
Successful applicants must invest in and own a minimum of 50% of an active business in the USA. On approval they can enter and work in the USA to manage their investment. The investment used to qualify for an E-2 visa must be in an active and operating business or one immediately capable of, or commencing operations upon E-2 visa issuance.
There is no specific minimum investment requirement for E2 visa issuance, however, it is advisable to consider an investment of at least USD 100 000 –USD 150 000 or more to be viewed as a sufficient investment.
Spouses and dependents of E-2 visa workers can also apply for E-2 visas and will normally be granted the same period of stay as the principal E-2 visa holder. E-2 principal and family members can spend as much or as little time in the USA as they wish. The average processing time is approximately 2 – 3 months.
Please note that the US is currently reviewing the requirements for the E-2 visa from countries with a CBI program, please talk to us if you have any questions.