E2 Visa Processing Time For 2024: Less than 6 Months?

e2 visa processing time
Facundo Bermudez
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Published on 22 Aug 2022 Time to read 11 min read Last update on 25 Aug 2024

Securing an E-2 Visa: The Beginnings Of Entrepreneurship In the U.S. One of the key aspects for prospective investors and entrepreneurs is the E2 visa processing time which can be affected by an array of factors, all defining how long it takes to get approved. One goes for a franchise investment, the second becomes their entrepreneur open business and third buys them a master franchisor with three different right path appears in front of you where there are its perks and hurdles.

Here, we examine the timings of how long it takes for E-2 visa processing to occur showcasing what you can expect that is informed by more than 8 years in business. We hope our insights, based on a range of winning cases by us serve as an in-depth clarity — from your first contact to when you will likely get the visa approved. We have gathered the cost of employing various means and using our experience will be providing insights which we hope could assist any aspirant in making decisions.

Insights into E2 visa processing time via business acquisition

This Webinar provides insights on the pathway to E-2 visa for those who wish to purchase a small business and self-fund their acquisition of an existing one, which is about 30% or more in fact! The timeline of this strategy is detailed in research from the Search Investment Group. With respect to completion rates and search phase length, they found that self-funded searcher who bought a company completed searches faster than the traditionally funded-searcher.

The research also shows that about 53% of searchers (those structured as traditional or self-funded individuals) completed a deal in the first twelve months. During that period, the median time of search phase was seven months to twelve months, meaning a relatively quick transition from exploration to acquisition. A significant portion of them — who represent around 74 percent of the responding sample sized— had successfully closed on a business purchase in less than or equal to only 18 months, illustrating how this approach can be time effective for E-2 visa applicants.

Size to E-2 Via Business Acquisition The larger timeline, yet still worth mentioned is the time length when pursuing an E-2 visa through a business acquisition. And as mentioned earlier, it takes the average buyer between 7 – 12 months to find and settle on a right fit business. But this is only the very first step in a long trip. Since then, fans must undertake the puzzle of applying for their E-2 — a process that usually takes another two to three months in total.

Therefore, even if the stage of business acquisition may be completed in a year and half — it still takes more than 12 months in order to obtain E-2 visa. This serves as a gentle reminder that good planning and advance participation can go far in attaining entrepreneurial dreams of exposure to the US market.

E2 visa processing time – Buy a franchise

The journey to an E-2 Visa using a franchise investment falls along many steps that in the end creates a flexible and dynamic pathway depending on multiple variables (investor readiness, timing of the year holiday season …) Every single one of these is important in determining how long it takes to apply for a visa. After helping over 1,200 families in their pursuit of the American dream through franchise investment via our deep experience, we have gained a great deal of information on this subject. Here is the general timeline from start to finish when buying an E-2 visa through a franchise, based on our past clientele.

However, this does not mean you cannot get an approval in lesser time. In recent times, we saw certain clients who moved from first touch with us to approval in the span of six months. Hence, even though our original 2015-2024 (to date) proposition equated to a period lasting from 7–8 months it is evident that shaving those stages can hasten the prospect.

Therefore, when looking at the time to get an E-2 visa through franchise investment vs business acquisition – it is clear that a franchising route takes far less time. Well hit on that more later.

Should I invest in a franchise to get an E-2 visa?

Indeed, franchising is a well-informed approach for would-be entrepreneurs who want to manage the technicalities involved in business ownership and immigration requirements aspiring behind E-2 visa applicants. Isa franchise specializes in finding and analyzing the ideal franchises qualifying for an E-2 visa. Our goal is to make the process as easy and seamless as possible for a smooth transition into U.S. life, so that you can establish yourself in the best way possible both personally & business wise when arriving here over your first few years.

Our solution with a money-back guarantee for entrepreneurs to be sure that they are covered all the worst-case scenarios, — and if such arise we get in touch! This guarantee will give you peace of mind from the very beginning, to enjoy a smooth and risk free experience.

We hold your hand every step of the way from when you first contact us, to franchise and business search for you, arranging calls with existing Franchisees & Attorneys; collecting documents; obtaining visa approval. We take our commitment one step further — providing end-to-end level of assistance to make sure that no single detail gets missed out in the process, right from your journey as a franchise owner to obtaining an E-2 visa.

Think of, the chance to buy a franchise and within no time be able to savor life in sunny Florida or realize all that America truly has to offer with your family settled well!

For a free how-to-buy-a-franchise guide, click here.

Starting your business and applying for the E-2 visa

You can still start your own business and be eligible for an E-2 visa. This is a way to explore startups, or if you already have an idea for your business this route gives the freedom and ability to mold yours as entrepreneur.

Based on our experiences, the E-2 visa typically takes roughly 4 – 5 months to secure, which is one of the fastest paths among those we have previously introduced.

We have a recent example from our work at Visa Franchise that really showcases this efficiency.

We are proud to announce that one of our E-2 clients has recently become an official title holder by receiving her visa stamped (in under 5 months!!!) Our client just made a killer investment in this growing E-Commerce vertical by using the LLC structure she already had.

The key to this success story is our full support through a rigorous E-2 visa application tailored, a written business plan. Given the complex legal scope, we encouraged our client to speak with an experienced immigration attorney from our mentor group. We painstakingly compiled a persuasive petition package, expert precision and poise to navigate the intricacies.

To browse our array of free guides on starting your business, head over here.

Comparing E-2 visa options: Startup, New franchise, or existing business

The nature of the business you have chosen to invest in plays a big part on how simple or hard (and fast) the E-2 visa process will be. In this article, we promise to carefully examine why a new franchise acquisition route is usually superior than existing business or surrogate franchising.

 

Advantages of buying a new franchise or starting a business

1- A simplified process: New franchises arrive with fully realized processes and infrastructure in place, so the path is much clearer. Federal regulations ensures complete transparency and FDD provide full information, assisting in faster decision-making.

2- Faster E2 visa processing time: In general, the path from initial engagement to current approval for new franchises and startups is faster than transfers As we said before, an entirely new business may have the fastest start time — only taking 4–5 months to get up and running — while a brand-new franchise could take as much as 7 or even 8 months.

3- full control over your investment and operations. This certainty and being in the driver seat can help speed up the E-2 visa process as there are fewer moving parts compared to purchasing an established business.

Challenges of applying for an E-2 visa with a franchise resale/existing business

Extended Search and Due Diligence

Locating an existing business to purchase for E-2 visa eligibility is a long and complicated process that involves hammering out extensive due diligence of the company. Here are the key challenges:

-Market research: Finding a business which fulfills the profit criteria and also meets E-2 visa requirements involves proper market research. It requires examining numerous businesses, which may require more than a year.

-Financial Consideration: It is through a complete analysis of the financial books and documents such as balance sheets, profit/loss statements, tax returns that one can judge how financially well he or she scores in business. A vitally important step to confirm their business is capable of being stable and viable financially. The financial aspects typically require a corporate lawyer to comb through fully.

-Legal and regulatory compliance: This includes making sure the business complies with laws on all levels of government. This process involves checking licenses, permits and anything from a legal standpoint that can potentially impact the operation of your business.

– Operational assessment: It also important to understand the business operations, i.e., employee contracts, supplier agreements and customer relationships. This way the purchasing business remains in full operation after acquisition.

The complete search and due diligence process may span quickly more than a year, subsequently adding significantly to the timeline of obtaining E-2 visa.

Many steps of negotiations and vetting

Step 2: Negotiation and Due Diligence on a CandidateرOnce you have identified the right company, the next part is really complicated as it requires substantial negotiation through numerous hoops.

-Take time negotiating purchase terms Prospective buyers often need a significant amount of negotiation before agreeing to the purchase price and any specific sale conditions. This includes negotiating with the seller, possibly through a broker or lawyer in some cases.

-Securing financing: While funding is possible, the process to secure loans or investments with banks and investors also must be negotiated. Doing this introduces another phase of possible delay and complexity.

-Professional consultations: We need to be very careful that we use our outsourcing professionals such as financial statements, lawyers and engineers. These are folks who evaluate whether a business is able to financially, legally and operationally function properly.

-Contractual agreements: Drawing up and preparing the Sales Purchase Agreement with warranties and representations is a very process-oriented. This also means extensive legal review of all terms to ensure they are legally sound and acceptable to both parties.

Higher risk of issues

Starting and/or growing a small business is challenging due to risks faced when investing in an existing business, complicating the E-2 visa application:

The liability of mine-sweeps is undisclosable: there might not be any financial liabilities or obligations appear after the propertyturns over (remain as debts, pending lawsuits and unresolved tax issues). Those other topics I mentioned will be resource or time intensive.

Operational obstacles: Older companies can run into operational problems such as obsolete technology, bad management or low employee morale.

Market position – Understand the current market presence of a business and its reputation in public arena: Companies operating in shrinking markets, or with a questionable reputation will face uphill battles after being absorbed.

Integration Issues: It could be difficult to integrate the business with your own management style, and potentially restructure processes.

Regulatory pitfalls: Meeting regulatory rules and the fallout from any past misconduct could take time to address.

E-2 extension processing timelines

An aspect worth considering for E-2 visa holders is that there is a need to renew their visas every two years in order not have an out-of-status stay in the U.S. While E-2 visa holders can get an unlimited number of extensions, it is important to apply on time. Individually extending the E-2 visa can be done by leaving the U.S. to reapply, or filing a combination of Forms I-129 and I-539 while keeping us in — but many factors should be considered such as time spent out of status if applications are pending locally.

The extension must be submitted before the I-94 form expires, since this will allow another 240 days of work while waiting for an answer.

Let’s summarize it now

Ultimately, you just have to find a good fit for your E-2 visa application. Everyone has their own preferences depending on interests and objectives, if individuals want to franchise a business or set up their own company in the USA others might be interested buying existing businesses. You should know what you want for yourself and your family, as well as when and how long do plan to live in the USA.

This will provide a template for the rest of your application process. No matter what option you pursue, if properly guided and with your achieved dedication to this process the final target- E2 approval can still be attained.

Take our free U.S. opportunity assessment today

Mentioned visas

EB2-NIW (green card)

An employment-based visa intended for those who either have an advanced degrees or exceptional ability

Get NIW information

E2 Visa

An employment-based visa intended for those who either have an advanced degrees or exceptional ability

Access E-2 visa details