just2deal Posted May 17, 2017 Report Posted May 17, 2017 17 minutes ago, tennisluvr said: Is that because the TN wasn't as useful as you expected it to be while looking for jobs, compared to the other visa you converted to? Cos TN is employer dependent and every time you change employer ,you have to get new Visa (However dependents ,TD visa,need not apply for new visa) Also, TN dependents can not work /apply for work authorization So converted to Investor Visa Quote
tennisluvr Posted May 17, 2017 Author Report Posted May 17, 2017 9 minutes ago, just2deal said: Cos TN is employer dependent and every time you change employer ,you have to get new Visa (However dependents ,TD visa,need not apply for new visa) Also, TN dependents can not work /apply for work authorization So converted to Investor Visa Makes sense bro, investor visa is of course way better than TN visa. If you don't mind me asking, did you invest $500k or $1M? You don't have to answer if you are concerned about privacy issues. Quote
just2deal Posted May 17, 2017 Report Posted May 17, 2017 22 minutes ago, tennisluvr said: Makes sense bro, investor visa is of course way better than TN visa. If you don't mind me asking, did you invest $500k or $1M? You don't have to answer if you are concerned about privacy issues. $131,273 to be precise Not EB-5, ofcourse Quote
tennisluvr Posted May 17, 2017 Author Report Posted May 17, 2017 5 minutes ago, just2deal said: $131,273 to be precise Not EB-5, ofcourse E2 visa then? Quote
Quickgun_murugan Posted May 17, 2017 Report Posted May 17, 2017 13 hours ago, princeofheaven said: no big deal man , i had lot of tn colleagues. Just drive to nearest border and have tim hortons on the other side and come back and get a extended TN Yup Quote
Quickgun_murugan Posted May 17, 2017 Report Posted May 17, 2017 12 hours ago, just2deal said: $131,273 to be precise Not EB-5, ofcourse @just2deal bro.. it would be helpful to lot of ppl if you can give litte information about the investor visa you applied.. how long does it take to get the process done... GC entha time lo ostundi?? Quote
tennisluvr Posted May 17, 2017 Author Report Posted May 17, 2017 22 minutes ago, Quickgun_murugan said: @just2deal bro.. it would be helpful to lot of ppl if you can give litte information about the investor visa you applied.. how long does it take to get the process done... GC entha time lo ostundi?? I think he was referring to the E2 visa. E2 visa ki no option to apply for a GC. Quote
Quickgun_murugan Posted May 17, 2017 Report Posted May 17, 2017 21 minutes ago, tennisluvr said: I think he was referring to the E2 visa. E2 visa ki no option to apply for a GC. E2 visa work kosam use cheskovocha? GC apply cheskolera?? konchem info iyyu bro... or post some links... never heard about this type of visa Quote
tennisluvr Posted May 17, 2017 Author Report Posted May 17, 2017 31 minutes ago, Quickgun_murugan said: E2 visa work kosam use cheskovocha? GC apply cheskolera?? konchem info iyyu bro... or post some links... never heard about this type of visa @Quickgun_murugan The E-2 visa allows foreign nationals of a country that has a treaty with the United States, to make an investment in a business enterprise. Canada is among the list of treaty countries. The business must be active, the investment must be substantial and at risk, and the investor must oversee and direct the day-to-day operations. The visa is valid for five years, and may be renewed indefinitely so long as the business continues to operate. What is an active commercial enterprise? An E-2 applicant must purchase or start an active commercial enterprise. This means that the enterprise must be offering a tangible good or service, such as a restaurant, retail store, dental clinic, etc. The enterprise cannot be passive, idle or speculative, such as real estate investment. What is 'substantial investment'? The regulations do not quantify or define what is considered a "substantial investment" for an E-2 visa. The unwritten rule of thumb is that the investment should be around $100,000 or more. There may be some cases where the investment is as little as $50,000.00. However, these cases usually involve businesses that act as a subsidiary to a parent company in the foreign national's home country. In these types of situations, the investor may also want to consider an L-1 visa. What does 'at risk' mean? To qualify for an E-2 visa, the applicant must have already spent the money towards the startup or purchase of a U.S. business or enterprise. This is the meaning of "at risk" - the investment must be at risk of being lost of the business is unsuccessful. If an applicant had $100,000 in a bank account and tried to get an E-2 visa, it would not be at risk because the applicant has not irrevocably committed the funds towards the enterprise. Note that if you are purchasing an existing business, you may have the purchase offer contingent on approval of the E-2 visa so long as the funds to be used are placed in escrow. If the E-2 visa is approved, the funds are transferred from escrow to the seller. If the E-2 visa is denied, the funds are returned to the applicant. This is a good way to protect yourself while still meeting the E-2 criteria. Ownership requirements To qualify as an E-2 investor, you must own at least 50% of the U.S. business. If you own less than 50% of the enterprise, you may still be able to work in the U.S. as an E-2 employee so long as more than 50% of the U.S. enterprise is Canadian-owned. E-2 essential employees If a U.S. company is at least 50% Canadian-owned, you may be able to send Canadian employees to work for the U.S. company under E-2 visas as executives, managers, supervisors or employees with essential skills. Spouse and children Spouses and children under 21 of E-2 investors or employees may accompany the principal applicant. Spouses are entitled to employment authorization – meaning that they can seek employment anywhere in the United States without restrictions or limitations. Children are permitted to attend school in the United States Quote
tennisluvr Posted May 17, 2017 Author Report Posted May 17, 2017 32 minutes ago, Quickgun_murugan said: E2 visa work kosam use cheskovocha? GC apply cheskolera?? konchem info iyyu bro... or post some links... never heard about this type of visa You can be a mestri on E2 visa and run a mestri dhandha. Quote
Quickgun_murugan Posted May 17, 2017 Report Posted May 17, 2017 3 minutes ago, tennisluvr said: @Quickgun_murugan The E-2 visa allows foreign nationals of a country that has a treaty with the United States, to make an investment in a business enterprise. Canada is among the list of treaty countries. The business must be active, the investment must be substantial and at risk, and the investor must oversee and direct the day-to-day operations. The visa is valid for five years, and may be renewed indefinitely so long as the business continues to operate. What is an active commercial enterprise? An E-2 applicant must purchase or start an active commercial enterprise. This means that the enterprise must be offering a tangible good or service, such as a restaurant, retail store, dental clinic, etc. The enterprise cannot be passive, idle or speculative, such as real estate investment. What is 'substantial investment'? The regulations do not quantify or define what is considered a "substantial investment" for an E-2 visa. The unwritten rule of thumb is that the investment should be around $100,000 or more. There may be some cases where the investment is as little as $50,000.00. However, these cases usually involve businesses that act as a subsidiary to a parent company in the foreign national's home country. In these types of situations, the investor may also want to consider an L-1 visa. What does 'at risk' mean? To qualify for an E-2 visa, the applicant must have already spent the money towards the startup or purchase of a U.S. business or enterprise. This is the meaning of "at risk" - the investment must be at risk of being lost of the business is unsuccessful. If an applicant had $100,000 in a bank account and tried to get an E-2 visa, it would not be at risk because the applicant has not irrevocably committed the funds towards the enterprise. Note that if you are purchasing an existing business, you may have the purchase offer contingent on approval of the E-2 visa so long as the funds to be used are placed in escrow. If the E-2 visa is approved, the funds are transferred from escrow to the seller. If the E-2 visa is denied, the funds are returned to the applicant. This is a good way to protect yourself while still meeting the E-2 criteria. Ownership requirements To qualify as an E-2 investor, you must own at least 50% of the U.S. business. If you own less than 50% of the enterprise, you may still be able to work in the U.S. as an E-2 employee so long as more than 50% of the U.S. enterprise is Canadian-owned. E-2 essential employees If a U.S. company is at least 50% Canadian-owned, you may be able to send Canadian employees to work for the U.S. company under E-2 visas as executives, managers, supervisors or employees with essential skills. Spouse and children Spouses and children under 21 of E-2 investors or employees may accompany the principal applicant. Spouses are entitled to employment authorization – meaning that they can seek employment anywhere in the United States without restrictions or limitations. Children are permitted to attend school in the United States antha interesting type em ledu ee visa Quote
Quickgun_murugan Posted May 17, 2017 Report Posted May 17, 2017 2 minutes ago, tennisluvr said: You can be a mestri on E2 visa and run a mestri dhandha. Gottcha Quote
afmod1 Posted May 22, 2017 Report Posted May 22, 2017 On 5/16/2017 at 3:56 PM, tennisluvr said: As long as it doesn't involve transferring your visa, restarting your GC and all that crap it's better than H1B for sure. transferring akkarledu... GC restarting : not sure how this works if you already have a pending PERM Process... better than H1B.. but not much helpful too.. Quote
tennisluvr Posted May 22, 2017 Author Report Posted May 22, 2017 12 minutes ago, afmod1 said: transferring akkarledu... GC restarting : not sure how this works if you already have a pending PERM Process... better than H1B.. but not much helpful too.. Cool bro thanks. Quote
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