E2 Visa for USA - Help
#1
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Joined: Feb 2017
Location: Glasgow
Posts: 3
E2 Visa for USA - Help
Hello, so I am new to this forum & very glad I have found it as I have so many questions
First of I am looking into getting an E2 business visa to relocate my business to Florida.
I have been quoted £6200 legal fees from lawyers, which is ridiculous! So I have decided I want to try and tackle the application myself.
1st question - has anyone done this themselves? Could anyone provide any tips?
2nd question
This is the tricky part
My business is already trading - its an ecommerce womens fashion store, all the stock has been bought & website and its currently trading here in the UK. I wish to move this all to the USA - the lawyer I spoke to says i would need to move all the stock and domain etc to the USA before I apply for the VISA - however my problem is, if I do this, we wont be able to trade / operate the website during this time?
Is there a workaround here? Like I say all money has been invested and business is now operational - it can be moved as soon as visa is approved, but not before as it means the business will not be "operational"
3rd question - the lawyer I spoke with says I need to secure a business premises before I apply for the visa.
HOWEVER our idea was to (once visa approved) rent a house & work out of the spare room, until we build the business up. Is this something that can be done? if so how would I work this into the visa application?
4th question - bank accounts, tax etc
Again lawyer said we need all of this pre applying for visa
HOWEVER - cant register for tax without a social security number - cant register for social security without a visa? Bank account - again I need a visa for it?
Any advice???
Final question -
Structure of the application
I have spoken to the USA Embassy in London & they have said when I apply,
"formatting standards for processing. The documents required to apply and qualify for status as a NIV E-2 treaty visa investor are listed on our website. Applicants are advised to retain the services of a qualified legal professional who specializes in US immigration law for assistance. The website instructions stipulates the exact documents which are required and the material must be organized in the exact order listed under the Sections A-G"
Has anyone had experience of this? and any advice?
Again thanks for any advice and help anyone can provide
All my money has been invested into the business + what money I have now is for the relocation / flights etc - so I am loathed to spend it on lawyers, as basically it will eat into the majority of what I have left (ie I am now skint!)
Thansk
First of I am looking into getting an E2 business visa to relocate my business to Florida.
I have been quoted £6200 legal fees from lawyers, which is ridiculous! So I have decided I want to try and tackle the application myself.
1st question - has anyone done this themselves? Could anyone provide any tips?
2nd question
This is the tricky part
My business is already trading - its an ecommerce womens fashion store, all the stock has been bought & website and its currently trading here in the UK. I wish to move this all to the USA - the lawyer I spoke to says i would need to move all the stock and domain etc to the USA before I apply for the VISA - however my problem is, if I do this, we wont be able to trade / operate the website during this time?
Is there a workaround here? Like I say all money has been invested and business is now operational - it can be moved as soon as visa is approved, but not before as it means the business will not be "operational"
3rd question - the lawyer I spoke with says I need to secure a business premises before I apply for the visa.
HOWEVER our idea was to (once visa approved) rent a house & work out of the spare room, until we build the business up. Is this something that can be done? if so how would I work this into the visa application?
4th question - bank accounts, tax etc
Again lawyer said we need all of this pre applying for visa
HOWEVER - cant register for tax without a social security number - cant register for social security without a visa? Bank account - again I need a visa for it?
Any advice???
Final question -
Structure of the application
I have spoken to the USA Embassy in London & they have said when I apply,
"formatting standards for processing. The documents required to apply and qualify for status as a NIV E-2 treaty visa investor are listed on our website. Applicants are advised to retain the services of a qualified legal professional who specializes in US immigration law for assistance. The website instructions stipulates the exact documents which are required and the material must be organized in the exact order listed under the Sections A-G"
Has anyone had experience of this? and any advice?
Again thanks for any advice and help anyone can provide
All my money has been invested into the business + what money I have now is for the relocation / flights etc - so I am loathed to spend it on lawyers, as basically it will eat into the majority of what I have left (ie I am now skint!)
Thansk
#2
Re: E2 Visa for USA - Help
Why are you wishing to relocate a solely online e-commerce business to the USA?
#3
Re: E2 Visa for USA - Help
£6,200 of lawyers fees sounds pretty cheap, I am surprised it isn't more. Then you'll need a business plan and budget, so accountant fees would be on top.
Honestly this sounds like a business you would like to move to the US, rather than one that needs to be in the US, so IMO is likely to be an uphill struggle for a visa, not to mention that "subsistence businesses" are specifically prohibited. So your plan to keep the stock in a house and work from there sounds like a tiny business and IMO not likely to be approved for an E-2. I am not even certain that the visa would allow that (I know an L-1 visa requires you to have suitable business premises), but I know that you will have issues with the local council and/or your landlord and/or insurers if you try to run a retail business out of a residential home.
A common rule of thumb for an E-2 is for you to invest $200k in the business, with money for housing, a car, and to cover the period of while the business is starting to generate profits on top of that. If you aren't talking about $400k altogether then you've got a pretty bare-bones business.
Honestly this sounds like a business you would like to move to the US, rather than one that needs to be in the US, so IMO is likely to be an uphill struggle for a visa, not to mention that "subsistence businesses" are specifically prohibited. So your plan to keep the stock in a house and work from there sounds like a tiny business and IMO not likely to be approved for an E-2. I am not even certain that the visa would allow that (I know an L-1 visa requires you to have suitable business premises), but I know that you will have issues with the local council and/or your landlord and/or insurers if you try to run a retail business out of a residential home.
A common rule of thumb for an E-2 is for you to invest $200k in the business, with money for housing, a car, and to cover the period of while the business is starting to generate profits on top of that. If you aren't talking about $400k altogether then you've got a pretty bare-bones business.
Last edited by Pulaski; Feb 10th 2017 at 7:07 pm.
#4
Just Joined
Joined: Sep 2012
Location: Davenport Florida
Posts: 20
Re: E2 Visa for USA - Help
I would not want to do a 1st application based on the business model you have suggested myself for an E2! How many staff will you employ , what does your business plan look like etc?
I would advise doing as advised and renting an office for the least amount of time...you will need a lease and be able to show payments.
You should be able to get an EIN number for the business once the LLC is set up.
I would advise doing as advised and renting an office for the least amount of time...you will need a lease and be able to show payments.
You should be able to get an EIN number for the business once the LLC is set up.
#5
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Joined: Feb 2017
Location: Glasgow
Posts: 3
Re: E2 Visa for USA - Help
Thanks for the replies
The business would do much better in the USA than in the UK ; bigger market, quicker access and more access to brands and trade shows, bloggers, PR etc , there is a lot more potential over there for it.
The business as it stands now is worth £100,000 - the domain can be transferred to the USA
Its just the stock issue - as we need it here to trade with
We know where we want to stay , we only wanted to operate from home for the 1st 2-3 months allowing us to suss out places to work from. Is this something that would be a possibility?
I have a 5 year business plan, projections etc all made up
I have £10,000 in the bank for the relocation
The business would do much better in the USA than in the UK ; bigger market, quicker access and more access to brands and trade shows, bloggers, PR etc , there is a lot more potential over there for it.
The business as it stands now is worth £100,000 - the domain can be transferred to the USA
Its just the stock issue - as we need it here to trade with
We know where we want to stay , we only wanted to operate from home for the 1st 2-3 months allowing us to suss out places to work from. Is this something that would be a possibility?
I have a 5 year business plan, projections etc all made up
I have £10,000 in the bank for the relocation
#6
Just Joined
Thread Starter
Joined: Feb 2017
Location: Glasgow
Posts: 3
Re: E2 Visa for USA - Help
The business over 5 years aims to employ 10 people
#7
Re: E2 Visa for USA - Help
If stock were your only issue, and I am not sure that it is, then I would recommend buying additional stock to hold in the US and sell while your UK stock is being shipped over.
You're aware that you'll have to pay import duties on the stock you import to the US, I presume.
You're aware that you'll have to pay import duties on the stock you import to the US, I presume.
#8
Just Joined
Joined: Sep 2012
Location: Davenport Florida
Posts: 20
Re: E2 Visa for USA - Help
Hate to say it but unless you have a credit history here then the money you have in the bank ain't gonna cut it!
Medical fees, huge deposits as no credit history for rent, car insurance and utilities, all the business costs you have in setting up here
Medical fees, huge deposits as no credit history for rent, car insurance and utilities, all the business costs you have in setting up here
#9
Re: E2 Visa for USA - Help
For trade shows i'm fairly sure you can attend these on the VWP.
#10
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Joined: Jan 2017
Posts: 670
Re: E2 Visa for USA - Help
I'm no expert but it seems to me that attempting to do this on such a shoestring may not be a wise idea.
Or rather, it's very high risk without some funds, for problems and factors outside of your control.
Or rather, it's very high risk without some funds, for problems and factors outside of your control.
#12
Re: E2 Visa for USA - Help
We know where we want to stay , we only wanted to operate from home for the 1st 2-3 months allowing us to suss out places to work from. Is this something that would be a possibility?
I have £10,000 in the bank for the relocation
Rene
#14
Re: E2 Visa for USA - Help
Rene
#15
Re: E2 Visa for USA - Help
Ten people is going to be a minimum of $500,000 of payroll costs. Does your business plan really anticipate sufficient sales to support that sort of overhead? You'd have to be talking $5+million of gross sales to generate enough revenue to cover that, plus other overheads.