E2 Visa Update: Is E2 Processing Slower Under President Trump?

Many foreign nationals have been rightfully concerned about U.S. immigration policies since President Trump took over. While campaigning, the president made clear that he wanted to crack down on illegal immigration, pledging to build a wall on the southern border to help address this issue. He also talked about the need to streamline the legal immigration system, to make it more merit-based and less family-based, and to ensure that those coming into the U.S. would make substantive contributions to society.

One of the areas in question is the E2 visa program. The E2 is an investor visa program in which foreign nationals can make a substantial investment in a legitimate U.S.-based business. The program allows investors to live and work in the U.S. while the business is active, and they can even bring their spouse and underage children with them. Although the E2 is not a permanent resident visa, it can be renewed indefinitely as long as the business is still operating. In addition, there are several potential ways an E2 visa can lead to a green card.

E2 Visas in the Trump Era

In recent years, the United States has approved around 36,000 E2 visas annually. This averages out to about 3,000 per month. Traditionally, the timeframe for the approval process has been 1-3 months as long as you have all your paperwork in order. Under the new Administration, there has been some minor tightening of the E2 process, but nothing that should deter a legitimate investor from pursuing this path.

Previously, the investor had always been advised to have at least $100,000 USD to invest in a business. Though this is not a firm number, it has been a good general guideline for approval. There has been some flexibility in the past with the investment amount, however, and applicants had been known to gain approval with a lower investment. Currently, we are advising that you have $100,000 USD at a minimum, but if possible, it would be best to come up with $125,000 to $150,000 just to be safe.

Another area of greater scrutiny is the type of business. The guidelines have always stated that the business you invest in must not be “marginal”. By marginal, they mean a risky business such as multi-level marketing or similar business models, or a business created for the express purpose of supporting the investor and his/her family. USCIS officers are now examining this more closely, and you need to be very careful which type of business model you choose.

The Ideal E2 Visa Business Model

In our experience, the best type of business for E2 visa applicants to invest in is a franchise. Franchise businesses work very well with the E2, because they are established brands which are well-known to USCIS officers. Another great advantage is that the franchisor provides a detailed business plan (another major requirement for E2 approval), and extensive training and support. The franchisor has a strong interest in your success, because their brand and reputation is on the line. For this reason, they will provide a high level of support to help you as a franchisee become successful.  

When people think of franchises, most think of fast food restaurants. And while it is true that food franchises can be lucrative, there are numerous other business models you can choose from. For example, you can be successful with a franchise in a wide range of industries, such as senior care, cleaning, health and fitness, children’s services, and even sales-based. In fact, at National Franchise Business Solutions, we work with over 600 franchise brands, and through a multi-step process, we match E2 visa applicants with the franchise business that best suits their passion, skills, and budget.

The Future of the E2 Visa Program

What can we expect for the next 3-7 years of the Trump Administration in regards to the E2 visa program? In our opinion, there will only be minor changes, and we have probably seen most of that already. It is important to keep in mind that the E2 investor visa is fully aligned with President Trump’s policy objectives. Trump wants to bring more investment into the United States and create more American jobs, and the E2 program does both. So if you are considering viable options for doing business in the U.S., the E2 visa remains one of the best programs available for foreign entrepreneurs.

 

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How to Choose the Right Franchise

Once you’ve decided that you want to invest in a franchise instead of Choosing the right franchisestarting a business from scratch, your next decision involves choosing the right franchise. With hundreds of tried-and-tested franchise systems already existing within every industry imaginable, how can you choose which one to invest in?

Here are 4 steps to follow when shopping around for a franchise business:

Evaluate Your Goals, Finances and Commitment

Before anything else, list your business goals and figure out what you want to get out of a franchise. Ask yourself these questions:

-What kind of business do you want to operate?

-What are you trying to accomplish with a business? (Earn money on the side, turn it into a full-time income, etc.)

-How many work hours are willing to invest in the business?

-Do you prefer to work behind the scenes or directly communicating with customers?

-How much income do you need the franchise to generate?

-How much money can you afford to spend to market the business?

-Where do you want to operate the business?

-Are you in this for the long-haul, or just short-term profit?

Your answers could help you develop a clearer picture of the type of franchise most ideal to your needs, commitment, budget, and business goals.

Do Your Research

If you prefer to do research on your own, start with the IFA Franchise Opportunities Directory that lists over 1,000 franchise systems. This database has an advanced search function, making it quicker for you to find franchise businesses by various criteria, such as industry, total investment, startup cash, and more. If you don’t have time to sift through all that data and deal directly with each individual franchisor, you may choose to work with a franchise consultant who can help narrow down your choices and find the franchise business that is right for you.

Choose a Niche

Now that you’ve discovered franchise systems available in the current market, you should have an idea what kind of niche you’re most interested in. Are you checking out the food industry? Or do you prefer the automotive, children’s services, or another industry? To narrow down your options, make a list of the franchise businesses you’re interested in, then create a chart where you could compare these important factors:

  • Is there a demand for the product or service in the intended site location of your would-be franchise?
  • How is the franchise’s competition? It’s more than likely that popular franchises may have existing branches near the site you plan to operate.
  • Identify industries that are resistant to recession.

Dig Deeper

Once you’ve filtered out unsuitable franchises from your list and narrowed it down to only suitable franchise options, it is time to perform some additional due diligence. Find information about the company, their track record, and success rates. Request a copy of their Franchisor Disclosure Document, which includes the franchise contract, names of current franchisees, and any legal issues the company has faced in the past.  Set up a meeting with franchisors and ask these questions:

  • What is the company’s track record? Learn all about their success rates.
  • Ask if you could talk to an existing franchisee or two for additional information. What better way to determine if the franchise is worth buying than to talk to someone who is currently running one.
  • What is included in the franchising fee? Does training, equipment, marketing supplies, or licensing rights require additional fees?
  • What restrictions does the franchisor impose on franchisees? How much control will you have to operate the business?

Starting a franchise business can be very rewarding and the fulfillment of a lifelong dream. But if you make the wrong choice, the dream could turn into a nightmare. Follow the steps listed above to choose the right franchise, and put yourself on the fast track to success.

 

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Tips for Starting a Successful Franchise

One of the biggest misconceptions about starting a franchise business is that there won’t be any more work involved after setting it up. It is true that franchising lets you skip many steps such as market research, product sourcing, production, and other processes that would normally be included when starting a business from scratch. However, for your franchise to succeed, you’d have to be proactive and follow these tried-and-tested tips:

  • Know the Ins and Outs of Your Business – Being given a tested business model is one thing, but running the franchise business is another. You’d have to be hands-on with everything, even if you’re planning to hand over the job to an employee. It’s important that you understand the cash flow that goes in and out.
  • Hire the Best Team – The niche of your franchise is not as important as the team you assemble. Whether you’re selling food, other products or services, the people working for you will either help or hurt your business. Your goal is for your franchise to be up and running in no time and hiring the best employees will help you through the initial phase smoothly.
  • Believe in Your Business – The franchise may not be your original idea, but once you’ve signed the franchise contract, consider the business as your own. You must believe in your brand and persevere no matter what.
  • Maintain Good Standing with Your Franchisor – You can always run the franchise on your own, as long as you follow franchising guidelines set by the franchisor. However, keeping an open line of communication with the franchisor could help you in the future should you encounter business-related problems. Franchisors would be more than happy to help and see you succeed, so use their experience and knowledge to your advantage.
  • Find Fellow Franchisees – Seek out fellow franchisees and ask them for advice when you need them. There’s no shame in asking questions that could help your business advance to the next level. Ask the right questions and implement sound advice you receive.
  • Be 100% Committed – Starting any kind of business requires a special level of commitment. Willingly give your blood, sweat and tears into the franchise. Business owners don’t follow regular 9-to-5 work hours; Expect to work overtime a lot especially in the beginning. If you’re willing to sacrifice your time and money to see your franchise grow, then you will reap great rewards down the road.
  • Have Patience – Franchise businesses will not succeed overnight. They take time, a lot of effort, and money for your franchise to get its footing. Be patient, work hard, dedicate all your free time in perfecting the business model and operation. As long as you do this, success is right around the corner.

 

Like traditional businesses, franchising takes real, hard work. Following these 7 tips can help you reach your business goals, increase sales, improve aspects of your operation, get you through the ups and downs of running a franchise, and hopefully lead you to become a franchisee success story.

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The Advantages of Franchising

The statistics of franchising success has been a debatable topic for years. In a study conducted in the 90s, a group of franchisors were asked about success rates of their franchisees and the survey averaged at 5% failure and 95% success rates. However, the data provided by franchisors were not verified. Even to this day, franchisors use this statistic to encourage people to invest in their franchise.

We all know that franchisors could easily skew statistics in their favor to sell people on their business model. To give you a clearer picture of franchising, let’s skip the numbers and tackle elements of a franchise business model that have been beneficial to the success of franchisees around the world.

  • Tested Business Model – One of the best parts about franchising is that you’re paying for a tested concept. Your main task is to follow the franchisor’s guide book to success, and skip trial-and-errors involved in starting a business from scratch. In most cases, franchisors would give you access to case studies, access to existing franchisees who you could talk to, and tons of detailed reports. Study them religiously, visit current franchise locations, and perform your own research, so you’ll have a more balanced look at the real numbers of a particular franchise.
  • Secure Financing Easier – In-house franchise financing is available for people interested in this business model, but they’re not known for having the lowest interest rates. But if you’re having a hard time securing a business loan from a bank, this could be a solution for you. Make sure to compare rates before signing on the dotted line.
  • Site Selection Assistance – Depending on the franchise you chose, franchisors could provide you with specifications for the most ideal franchise site. This may include type and size of location, ideal nearby tenants, traffic conditions, recommended rental cost, or a particular area. Some franchisors even provide a list of sites that you can choose from, but in these cases, you won’t have any other choice but to decide from that list.
  • Skills Training – Franchisors not only provide training for your employees, but you, as the business owner, will also undergo (often much-needed) education on business aspects such as accounting, management, and marketing. In some cases, franchisors even provide ongoing training for your staff to learn new skills.
  • Ongoing Support – Even if franchises are built from a proven business model, they can still suffer from the many challenges that ultimately come up in the marketplace. Fortunately, franchisors can guide you through rough patches and provide ongoing support during PR disasters that affect all branches, dismal sales due to seasonal changes, or other possible problems that may arise. Your success as a franchisee will reflect back to the franchisor, so you’d be surprised at how much a franchisor is willing to help you at every bump you encounter.   

Franchising isn’t a built-in-and-forget-it kind of business. There are also risks involved in going this route. In addition, franchising still requires plenty of work, much like a traditional business. But it remains an attractive business model because of the benefits listed above.

At National Franchise Business Solutions, we work closely with aspiring entrepreneurs to find the business model that best suits their passion, skills, and budget. For many, that is a franchise. But when you are looking for a franchise business, you don’t want to be limited to just one brand or even one industry. When you work with us, provide you access to over 600 franchise brands across a wide range of popular industries. Through a multi-step process, we help narrow down the decision-making process and introduce you to only the brands that may be a good fit for you.

 

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Franchising vs. Starting a Business from Scratch

Starting any business requires a tremendous amount of decision-making. One common dilemma Starting a Businesspeople face is whether to go with the franchising route or to start a business from scratch. It is a serious consideration, since your decision could ultimately lead to the success or failure of your new business.

The answer to this question depends largely on your business goals; whether you’re offering a product or service, and overall commitment and investment you’re willing to make. There are pros and cons to both options, which is why it’s important to weigh your options carefully before making a decision.

When to Choose Franchising

Franchising is a turnkey business, which removes all the guess work and trial-and-errors from setting up and running your brand-new business. In general, a franchise is best for people with:

  • Extra money beyond initial investment – When you find a franchise, you’re going to pay the initial franchise fee upfront. Then once operation begins, you’ll still have to set aside payment for ongoing franchise royalties.
  • No business background – Most franchisors assist franchisees with everything from finding a location, training the staff, providing suppliers, setting up the store, and even marketing your products. For those without a business background, this is a huge help.
  • No control issues – Franchising doesn’t offer franchisees much control over the business model, product offering and branding. If you want any aspect of the business changed, you’d have to seek approval from the franchisor.

If you choose this route, you must be ready for risks attached to franchising. For example, bad press from another branch, even if it is worlds away from your franchise location, could affect sales of your business negatively.

When to Choose a Startup

Building a business from scratch involves a plethora of steps, from market research to product sourcing or manufacturing, marketing and branding, training employees, inventory, and a whole lot more. The main advantage of going this route is that you’ll receive 100% of sales and have total control every step of the way. This method is ideal for people who are:

  • Risk-takers – Franchising requires a franchisee to take a risk once when signing the franchise contract, and then have to work on the entire business all the way through. When you’re starting a business from scratch, you’ll be faced with a lot of decisions wherein you’d have to consider the risks and benefits of every option. And because you’ll have plenty of trial-and-errors operating a business without a proven system, it could be costly in terms of finances, time and effort.
  • Hands-on – The majority of businesses that start from scratch and have reached success are led by owners who are hands-on. You’ll need to be front and center every step of the way.
  • Easy to adapt – Change is inevitable at the start of every business. You’ll have to change what doesn’t work and adapt quickly to avoid losses.

The risks of this route are plenty, but building a business with total control can be challenging, yet fulfilling.

Whichever route you take, it is important to perform market research and see if the franchise or business idea would work within your geographic location and target audience. It’s also best to seek advice from professionals who could guide you with the important aspects of starting a business.

At National Franchise Business Solutions, we take an object and even-handed approach to helping entrepreneurs get into a business they will be successful with. We work with over 600 franchise brands across a wide range of industries, and through a multi-step process, we are able to help you identify the business model that best fits your passion, skills, and budget. And if you find that franchising is not right for you and you would rather start a business from scratch or retain the security of working for someone else, that’s perfectly fine too. We’re here to help you in any way we can so you can find the business or career that best fits your passion, skills, and budget.

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How Will President Trump Impact the E2 Visa Program?

The election of President Trump sent shockwaves throughout the political world. And when it comes to immigration, there is a lot of uncertainty among foreign nationals about how friendly the new administration will be to newcomers, and particularly those who want to invest in a business through the E2 visa program.

In his inauguration speech on January 20, President Trump said this:

From this day forward, a new vision will govern our land.

From this moment on, it’s going to be America First.

Every decision on trade, on taxes, on immigration, on foreign affairs, will be made to benefit American workers and American families…

In the past, President Trump has expressed a desired to deport undocumented immigrants with criminal records and build a wall along the southern border with Mexico to keep illegals from coming into the country. And in his first few days in office, the president has taken actions toward enacting these policies.

The question is, what (if anything) will change with the E2 visa program under the new administration? The short answer to that is probably very little.

The president does have the authority to make some adjustments in the number of approvals, but he cannot do away with the program without an act of Congress. In 2015, there were over 40,000 E2 visas approved, and when the numbers are available on 2016, they will likely be similar. The good news about E2s is there is no yearly cap, so there is no point in the year when they stop accepting applications because they have reached a yearly limit. There are, however, some loosely defined terms in the current E2 visa law.

For example, the law states that you must make a “substantial” investment in a U.S.-based business. Until now, $100,000 USD has been used as a safe guideline to meet the definition of substantial. Under President Trump, this figure could be adjusted slightly to maybe $125,000 or $150,000. The law also states that you must invest in a business that is “non-marginal”. This has been taken to mean a real, bona-fide business, rather than some marginal money-making scheme.

So how does an immigration officer know if a business is real? Usually by reviewing a detailed multi-year business plan. Under the new president, these plans will likely be looked at more closely. This makes it more important than ever to choose a business model that will be considered real and with a strong likelihood of success. And this is why E2 visa franchises are among the best options for foreign investors who want to do business in the U.S.

By investing in an E2 visa franchise, you are purchasing a business with a name brand that is known to USCIS officers, and has a proven track record of success. Franchisors also provide the strongest training and support to their franchisees. Remember, it is in their best interests that you succeed, because their name and reputation is on the line. The USCIS knows this too, which is why they are far more likely to approve an E2 applicant if they are investing in a franchise.

So which franchise brand is right for you?

This is always a difficult question. There are literally thousands of franchises across a wide range of industries, and it can take countless hours to filter through all that information. At Franchise City, we offer a better solution. We work with over 600 of the top franchise brands in the U.S., and through a proven multi-step process, we match foreign nationals with the franchise that best suits their passion, skills and budget. In addition, we work with some of the top E2 visa lawyers in the country to help ensure a smooth and seamless application process. For a comprehensive overview of our E2 visa program and how we can help you realize your American dream, go to http://franchisecity.net/visit/e2-visa/.

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E2 Visa from Canada to U.S. Canucks can Start U.S.-based Business and Live South of the Border

canadian-flagThe United States and Canada has a very close relationship, and of course we share a border that stretches for thousands of miles. But although the two countries are close, it has become more difficult in recent years for Canadians to immigrate to the U.S. One pathway many Canadians do not consider is the E2 visa, an investor visa that allows well-capitalized foreigners to invest in a viable U.S.-based business.

For Canucks who are thinking of following this route, it is important to understand that approval is far from automatic. Although the United States approves roughly 36,000 E2 visas a year, there are stringent requirements, and if you don’t meet them, you will be turned down. Here are the most important requirements to be approved for an E2 visa from Canada to the U.S.:

You Must be (at a minimum) 50% Owner of the Investment

Your new U.S.-based E2 business can have partners, but at the end of the day, the person applying for the visa must own at least 50% of the enterprise. So for example, if you live in Toronto and you have a brother who lives in Detroit, you and your brother can go 50/50 on a business you start in Detroit. Or, if you have two siblings in the U.S. who want to own 25% each, that’s fine too — as long as you retain at least 50% ownership.

You Must Make a “Substantial” Investment in your New Enterprise

The U.S. does not provide any clear guidelines on the exact amount that must be invested to quality for an E2 visa, but history has shown that those investing at least $100,000 USD have a much better chance of approval. Not to say that investing less than $100K is automatically grounds for denial; but that, just to be on the safe side, it is recommended that you have at least that much available.

The E2 Business You are Investing in Must Not Be “Marginal”

The underlying purpose of the E2 investor program is to create jobs for Americans. This is why the USCIS closely examines the business you are starting to ensure it is not “marginal”. And by marginal, they mean not a risky or sketchy business, such as a multi-level marketing scheme or something similar, and not a business whose sole purpose is to support you and your family living in America.

In general, what this means is they expect you to be able to create at least two American jobs with your new business. These jobs don’t have to be created immediately, but you should be able to show in your five-year business plan (which is required along with your E2 application) that you will be hiring at least two American employees before those five years are up.

How Franchises Increase the Chances of E2 Visa Approval

It can be challenging to come up with a legitimate business in the United States to invest in. But one way to greatly increase your odds is by starting a franchise. Today, there are countless franchise business opportunities in industries ranging from the traditional fast food to children’s services to automotive to pet care, and much more. The franchise brands are well-established and known to USCIS officers who will review your application. In addition, the franchisor provides you with a detailed, five-year business plan and all the support you need to get up and running. Remember, it is in the franchisor’s best interests for you to succeed, because their reputation is on the line.

So can you be successful going from Canada to the United States with an E2 visa business? Of course. Lots of startup businesses are successful, but we also know that a lot of them fail as well. To increase your chances of success not only with E2 approval but with the business itself, it is best to look at all your available options.

At Franchise City, our passion is to help aspiring entrepreneurs find the franchise opportunity that best fits your passion, skills and budget. We work with over 600 U.S.-based franchise brands across a wide range of industries, and through a unique, multi-step process, we put our experience to work to match you with your ideal business. Our services are completely free, and there are never any additional fees to purchase a franchise through a brokerage. If you are a Canadian looking to move to the U.S. through the E2 visa program, we invite you to check out http://franchisecity.net/visit/e2-visa/ for more information.

 

 

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Unique, Risk-Free Restoration and Disaster Recovery Franchise Opportunity Now Available

800-water-damage-truckFranchise ownership can be the fulfillment of a lifelong entrepreneurial dream. But if you invest in the wrong business, it can turn into a nightmare. What if there was a way to start a franchise business with all of the risk removed, so you are in the best possible position to succeed? Most would say, “sounds too good to be true”, or “that type of opportunity just doesn’t exist.” Well, thanks to the innovation of one of the largest restoration and disaster recovery companies in the world, now it does.

1-800 WATER DAMAGE is owned by the Belfor Group, a well-established restoration and disaster recovery company with 250 offices and over 6000 employees operating in 28 countries throughout the world. Because they are an established brand and place a high value on their reputation, they have come up with a creative franchise offer that eliminates the risk and gives the franchisee all the tools they need to be successful.

What Does 1-800 WATER DAMAGE Do Exactly?

Though their name implies water damage cleanup, 1-800 WATER DAMAGE is actually a full-service restoration and disaster recovery company serving a market that is in need of immediate help when they are called. Among the services they provide include:

  • Water Damage Restoration
  • Mold Damage Restoration
  • Smoke and Fire Damage Restoration
  • Sewage Cleanup
  • Carpet Cleaning
  • Additional Services

They provide fast, local service 24 hours a day, 7 days a week to both residential and commercial customers, and they work with all insurance providers, making it smooth and convenient for the customer.

So What is the Offer?

For a one-time franchise free of $79,000, the company will purchase all your equipment, trucks, office expenses, employees’ salaries, and even pay you a salary for the first year. You will also receive medical insurance and a 401K plan. In addition, the company handles the vast majority of your paperwork and administration functions, including fielding client calls, setting up appointments, etc. And on top of all that, Belfor is so confident you will be successful, they even offer a money back guarantee to new franchisees for up to their first full year in business. In exchange for fronting your business expenses and eliminating all the risk, you and Belfor split the profits from your new franchise 50/50.

What is my Role as a 1-800 WATER DAMAGE Franchise Owner?

As the owner of a 1-800 WATER DAMAGE franchise, your primary role is to manage your crews of disaster recovery and restoration specialists, whose job is to help customers recover quickly from a catastrophe. The service is in-demand and recession proof, because when flooding, fires or other disasters occur at a home or office (and this happens more frequently than you might imagine), the customer needs someone there ASAP to clean things up. And in the majority of cases, the insurance company pays the bill, so the cost is usually not the main thing on the minds of customers when they call.

How do I Qualify?

You knew there had to be a catch, and here is it. Since Belfor is making an investment of over a quarter of a million dollars to get your business started, AND offering you a one-year money back guarantee on your franchise fee, they will screen potential franchisees very carefully to ensure they are working with the right candidate. Some things they will look for in a successful franchisee include strong business management and customer service skills, the willingness and ability to follow a proven business model, the motivation and desire to build a large business within your territory, and the financial capability to make a $79,000 investment in your own business.

If you believe you have the qualifications, and want to partner (risk-free) with one of the premiere restoration and disaster recovery companies in the world, fill out the form at the bottom of the page. We will work with you to help determine if 1-800 WATER DAMAGE is a good fit for you, or if there is another franchise opportunity you would rather invest in.

At Franchise City, we work with over 600 franchise brands across a wide range of industries, and we offer free, unlimited consulting to give clients an objective view of the best options to fit their specific skills, passion and budget. There is no fee for our services, and the franchise fee is always the same, whether you work with us, or directly with the company.

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E2 Visa from Philippines to U.S.? Franchises Increase the Chances of Approval

For many Filipinos, living and working in the United States is the fulfillment of a lifelong dream. The challenge is there are very few avenues for those who want to immigrate to America. Usually, you have to have a family connection – such as a spouse, parent, child or sibling – that is willing to sponsor your application. Another way is through a work visa, but in this case, you need an employer that will hire you and sponsor your application. If you are school age and have enough money, a student visa is also an option, but it is only valid for as long as you are studying in the U.S.

There is one option that Filipinos can use to come to America that does not require family connections or years of waiting for your number to come up – the E2 Investor Visa. An E2 visa can be used to immigrate from the Philippines to the U.S. if you meet all the qualifications for approval. If you are considering going this route, here are some of the criteria you will have to meet:

Your Investment in a U.S.-based Business Must Be Substantial

While the USCIS does not provide a clear definition of “substantial”, experience has shown that a successful E2 visa candidate should have at least $100,000 USD (roughly 4.5 million Philippine Pesos) to invest in their business. There have been exceptions to this rule in the past, but it is usually best to stick with these guidelines.

You Must Own at Least 50% of the Business you are Investing In

The person applying for the E2 visa has to become at least half owner in the business they are investing in – being a minority partner is not sufficient. The good news here is you can partner with a relative already living in the States, and many E2 investors do this, because it allows them to bring someone on board who has already settled in the U.S., knows the area you will live in, understands the culture, etc.

The E2 Business You Invest in must Create a Minimum of Two American Jobs

The whole point of the E2 Investor Visa program is to bring in foreign investors who can help bolster the U.S. economy. Toward that end, you will be expected to create at least two jobs for American workers. So your business, though it can be small, must be large enough to hire at least a couple of employees.

The Business You Invest in Must Be Legitimate and Not Marginal

The USCIS will not approve an E2 visa if it is for a business that is sketchy and/or not likely to be successful. Examples include multi-level marketing (MLM) businesses, upstart home-based businesses, and any other type of business of which the U.S. Embassy is likely to question its legitimacy.

Why Franchises are an Ideal Fit for the E2 Visa

Finding a legitimate business to start in the U.S. can be difficult. But there is one way to vastly increase your likelihood of approval – by investing in an E2 visa franchise. The approval rates for franchises are higher than non-franchise businesses, and it’s easy to see why. Franchise brands are already known the USCIS officers, so they already know the business is legitimate. Your franchisor also provides two other elements that the Embassy will want to see – a detailed business plan and comprehensive training. The reputation of the franchisor is on the line, after all, so they have a vested interest in ensuring you are successful.

Some Filipinos may not think they can afford an E2 visa franchise. If you are looking strictly at traditional industries such as fast food, financing may be a challenge, since the investment will likely be upwards of $500,000 USD. But there are other industries and business models that are highly profitable and don’t require this kind of upfront investment.

Two very lucrative industries are senior care and cleaning. In home senior care is an especially hot business model because of the aging population in the U.S., and it will continue to be this way for at least the next couple of decades. And many of these elder care franchises provide non-medical care (such as companionship, meals, light housekeeping, etc.), which means you don’t necessarily need a medical background to make the business work.

So can an E2 visa from the Philippines to the U.S. be successful? Absolutely. But you need to make sure you meet all the criteria – particularly the requirement that your business be legitimate. If you are considering an E2 Investor Visa but you’re not sure which business you want to invest in, we invite you to take advantage of Franchise City’s free unlimited consulting. Through a multi-step process, we work directly with you to find the E2 franchise business that best suits your passion, skills and budget. To learn more, fill out the contact form on the bottom of the page.

 

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