Mutually Beneficial: Understanding Investor Visas and the Business Franchise Opportunity
Throughout the United States, business franchises provide a variety of opportunities. Those opportunities also extend across the globe for foreign investors looking to build a business in the United States. In fact, for motivated businesspeople, a franchise is a way to buy into successful and widely recognized brands, letting the investor capitalize on brand affinity and a built-in customer base. And for foreign investors, they stabilize the risk tied to their investment by attaching themselves to a company that is already successful.
So, why would a foreign investor be looking for American franchise options? The interest is largely due to the visa programs enacted by United States Citizenship and Immigration Services (USCIS) that can provide fast-track options to legal residency in the US, specifically the E2 and EB5 visas. Let’s take a look at these visa types and get a foundational understanding of the requirements for each, along with the benefits they can provide.
There are few visa programs that provide quick approvals and positively impact the American economy. These programs stimulate regional economies, create new jobs for Americans, and bring a heap of cash infusion to the United States.
“Franchises offer an incredible opportunity for foreign investors looking to obtain some level of residency in the United States,” shares Camilo Espinosa, co-founder of Loigica, PA, a business immigration firm in Miami, Florida that focuses on these types of visas, among others. “Foreign investors putting their capital into real, mature businesses in the form of a franchise is a process that benefits the investor, the franchise entity, the community, and the American economy.”
E2 visas
The E2 visa is a non-immigrant visa type specifically developed towards capital infusion into the United States. It allows investors the ability to live and work in the United States with the goal of developing their business.
Requirements for this visa:
One major stipulation for the E2 is that it is not a pathway towards American citizenship—the visa holder retains their original country of citizenship and has the ability to live and work, and come and go, in and out of the United States. However, it is tied to the success of the business. Depending on the level of risk an investor would like to pursue, such as bringing a business from their home country to the United States, they may prefer to look for franchise opportunities in hopes that a growing or successful business already in existence can work in their favor. This is a two-fold benefit: the investor finds a relatively stable business, and the business gets a fresh influx of capital and is able to grow.
EB5 visas
For investors looking to permanently call the United States home, an EB5 is in line with that vision, as it eventually leads to a Green Card and the option to apply for citizenship.
The EB5 program was created in 1990 to expedite increased investment in the US economy. One industry positively impacted by the EB5 program is hotel construction, restaurants, and commercial real estate development ventures. In fact, some big businesses and household names are financed by EB5 visa investment, including the hotel conglomerates Hilton and Marriott.
Requirements for this visa:
As mentioned previously, this visa puts the holder on a path towards a Green Card and US Citizenship. It is designed for people who want to bet big and move their entire life to the US—it is not for the faint of heart.
E2 and EB5 visa holders, and their families, bring real monetary uplift to big cities and small towns across the United States.
If you or someone you know is looking to explore American visas through franchise investment, contact business immigration attorneys by visiting www.Loigica.com
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