On June 8 President Obama signed into law a bill granting Israeli citizens eligibility for the United States E-2 Treaty Investor visa, and welcoming Israeli investment and entrepreneurs into the U.S. The E-2 visa is available to citizens of qualifying countries who are actively engaged in the development and direction of a U.S. enterprise. In order to qualify for the E-2 visa, the foreign investor must have already invested, or be in the process of investing, a substantial amount of capital into the U.S. company.
Although the list of qualifying nations for the E-2 visa includes more than 70 countries, until recently that list did not include Israel. Israeli nationals have been eligible for the E-1 Treaty Trader visa since 1954; however, the E-1 visa is limited only to Israeli citizens who conduct substantial trade between the U.S. and Israel. Now with the addition of Israel to the list of qualifying E-2 visa countries, citizens of Israel have access to the more popular E-2 visa. With the passage of this law, the U.S. has sent a clear message to Israeli citizens that the U.S. welcomes the development of Israeli-owned businesses in America.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
