E2 and E5 clarification on meeting Investment Requirement
Sep 20th 2021, 10:56 pm
#1
Just Joined
Thread Starter
Joined: Jan 2016
Posts: 6
E2 and E5 clarification on meeting Investment Requirement
Hi There,
I am currently in the process of evaluating E2 and E5 visa options and wanted to clarify if buying a Vacation Rental Property in USA will be considered as a Investment Option that will generate jobs.
Regard
Mamatha
I am currently in the process of evaluating E2 and E5 visa options and wanted to clarify if buying a Vacation Rental Property in USA will be considered as a Investment Option that will generate jobs.
Regard
Mamatha
Sep 20th 2021, 11:38 pm
#2
Deep in the woods of CT
Joined: Feb 2010
Posts: 7,002
Re: E2 and E5 clarification on meeting Investment Requirement
No, because that is considered a passive investment.
Sep 21st 2021, 12:20 pm
#3
Often not so civil...
Joined: Apr 2010
Location: The Boonies, GA
Posts: 9,561
Re: E2 and E5 clarification on meeting Investment Requirement
Agree with the above. Quite how you think an investment property would generate jobs is a matter of some conjecture too. It's not just about generating work for a 3rd party, it's about actually employing US based persons.
Sep 21st 2021, 12:26 pm
#4
DE-UK-NZ-IE-US... the TYP
Joined: Mar 2010
Posts: 2,855
Re: E2 and E5 clarification on meeting Investment Requirement
The OP did say “Vacation Rental Property”.. so you have cleaning once a week during turnover and the lawn done, but that’s not really job creation… 3 to 4 hours a week… so 0.10 FTE at best. Now if you had a 10+ unit property with a full time manager and ground and cleaning staff you may be able to support 1 or 2 FTE.
