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E-2 investor visa: treaty investors, requirements and steps

The E-2 treaty investor visa lets a national of a country that has a qualifying treaty with the United States come to the U.S. to develop and direct a business in which they have invested a substantial amount of capital. Most people apply at a U.S. embassy or consulate using Form DS-160 and the E visa application, while some already in the U.S. change status through Form I-129 filed with USCIS. E-2 is a temporary visa, but it can usually be renewed as long as the business keeps qualifying.

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Who this is for

  • Nationals of a country that has a treaty of commerce and navigation (or similar agreement) with the U.S. that covers E-2
  • Investors who have put, or are actively putting, a substantial amount of their own capital at risk in a real, operating U.S. business
  • Investors coming to develop and direct the business, usually with at least 50% ownership or operational control
  • Businesses that are active and more than marginal — able to support more than just the investor's family
  • Certain key employees of the E-2 business who have the same treaty nationality

Forms involved

FormOfficial nameWhat it does
DS-160Online Nonimmigrant Visa ApplicationThe general visa application each applicant completes before the consular interview.
DS-156ENonimmigrant Treaty Trader/Investor ApplicationThe E visa application that describes the business and investment, submitted with the consular case.
I-129Petition for a Nonimmigrant WorkerUsed with the E supplement to request a change of status to E-2 or an extension from inside the U.S.
I-539Application to Extend/Change Nonimmigrant StatusUsed by a spouse or children in the U.S. to change to or extend E-2 dependent status.

Step by step

  1. Confirm treaty nationalityCheck that the investor (and the business ownership) holds the nationality of an E-2 treaty country on the State Department list.
  2. Invest in a real businessCommit the investment funds to buying or starting an active business, so the money is at risk and not just held in an account.
  3. Prepare the business caseGather evidence of the investment, the source of funds, ownership, and a business plan showing the company is not marginal.
  4. Apply at a consulate or file with USCISMost investors file the DS-160 and E visa application and attend an interview abroad; some in the U.S. instead file Form I-129 to change status.
  5. Enter and run the businessOnce approved, the investor enters in E-2 status and directs the business. Family members may come as dependents.
  6. Renew as neededThe visa and status can usually be renewed as long as the business keeps operating and meeting E-2 requirements.

Documents usually requested

  • Passport showing treaty country nationality
  • Proof of investment, such as bank transfers, purchase agreements, leases and receipts
  • Source-of-funds evidence showing how the investor obtained the money
  • Business formation and ownership documents
  • Detailed business plan with hiring and revenue projections
  • Evidence the business is operating, such as licenses, contracts, payroll or tax filings
  • Résumé showing the investor's ability to develop and direct the business
  • Marriage and birth certificates for family members

How long it takes

Timing depends mostly on the consulate's workload and appointment availability, or on USCIS processing for change-of-status cases. Each embassy may have its own E visa procedures and document format.

Government filing fees

The DS-160 visa application carries a State Department fee, and some nationalities pay an extra reciprocity fee when the visa is issued; Form I-129 and Form I-539 carry USCIS fees. Fees change, so check the State Department and the USCIS fee schedule (G-1055).

Working and traveling while you wait

The investor may work only for the E-2 business. E-2 spouses are generally authorized to work incident to their status (their I-94 is usually annotated to show this), while children can study but not work. Investors can travel with a valid E-2 visa stamp.

Common mistakes to avoid

  • Applying with nationality from a country that does not have an E-2 treaty
  • Keeping funds in a bank account instead of committing them to the business
  • Investing too little relative to the cost of the business, or having a business that only supports the investor's family
  • Weak or missing source-of-funds records
  • Assuming E-2 leads directly to a green card — it is a temporary visa

How MyUSVisa helps

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  3. Once you choose, you and your attorney work in one place: messages, documents, deadlines and automatic USCIS status updates, on the web and in the mobile app.
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Frequently asked questions

How much do I need to invest for an E-2 visa?
There is no fixed minimum; the investment must be substantial relative to the total cost of the business. A lower-cost business generally needs a higher percentage of its cost to be invested, and an attorney can help assess a specific plan.
Which countries qualify for the E-2 visa?
Only nationals of countries that have a qualifying treaty with the U.S. can apply. The State Department keeps the official list of treaty countries.
Can my spouse work on an E-2 visa?
Yes, E-2 spouses are generally authorized to work because of their status, and the I-94 record is usually annotated to show this. Children of E-2 investors can attend school but generally cannot work.
Can I get a green card through the E-2 visa?
Not directly. E-2 is a temporary visa, but some E-2 investors later qualify for a green card through another path, such as EB-5 or an employer or family petition.
Can I apply for E-2 from inside the U.S.?
Yes, in some cases. A person in valid status can ask USCIS to change to E-2 by filing Form I-129, but travel abroad later usually requires getting an E-2 visa stamp at a consulate.

Official sources

Last reviewed: October 2026
This guide is general information, not legal advice, and reading it does not create an attorney–client relationship. Immigration rules, forms and fees change often — always check the official sources above. MyUSVisa is not a law firm and is not affiliated with USCIS or any government agency; legal advice comes only from the licensed attorney you choose.