The E2 visa provides a pathway for investors to gain residency and conduct business in the United States. As an employment-based and investment-based nonimmigrant visa, the E2 visa offers many benefits such as the ability to manage and operate a business in the US, along with the applicant’s spouse being eligible for an open work permit. While E2 visa opportunities have traditionally focused on countries like Turkey and Grenada, Europe remains an untapped market brimming with potential. With new E2 treaty countries on the horizon, European investors have exciting prospects within reach.
Portugal’s pending E2 treaty presents lucrative prospects
Portugal is on the cusp of becoming the next E2 treaty country with the US. The US House of Representatives passed the AMIGOS Act in late 2019, which would add Portugal to the list of countries whose citizens are eligible for E2 visas. The bill is now awaiting approval by the Senate. Once passed, Portuguese citizens would gain access to a quick and direct pathway for operating businesses and gaining residency in the US. Portugal boasts a strong passport, high quality of life, and access to the EU single market. For investors seeking EU business opportunities plus access to the US, Portugal will be a top choice. The capital city of Lisbon is also emerging as an attractive hub for digital nomads and location-independent online businesses.
Italy and Spain – Potential future E2 partners
While not yet E2 eligible, both Italy and Spain have been mentioned as potential future E2 treaty partners for the US. Italy is the 8th largest economy in the world known for luxury goods, food, wine, tourism and more. Spain is the 5th biggest economy in Europe. Significant US-based diaspora populations from both countries have driven proposals for Italy and Spain to be considered as future E2 treaty options. For investors interested in Southern European business opportunities, staying updated on E2 policy developments for Italy and Spain is recommended.
France and Germany – E2 access through residence permits
As leading EU economic powers, France and Germany offer robust investment environments plus residency visas that can lead to E2 eligibility for investors. The French Tech Visa targets foreign tech talent and startups, while Germany has its Residence Permit for the Purpose of Self-Employment. Meeting minimum investment and job creation requirements under these programs can position applicants for future E2 visa approval after establishing residency and a track record of business success.
While historically overlooked, Europe offers a wealth of E2 investment and business opportunities. Portugal is on deck to become the continent’s first E2 treaty country, with Italy and Spain as ones to watch. France and Germany provide alternative pathways to E2 eligibility through their entrepreneur and self-employment residence permits. European investors have options when it comes to E2 visa access and establishing operations in the lucrative US market.