The eligibility requirements for obtaining an E visa for investors and entrepreneurs vary depending on the country of the applicant's nationality and the country where they plan to invest or set up a business. However, in general, the following criteria should be met:
- Treaty between the respective countries: The applicant's country of nationality must have a treaty of commerce and navigation or a bilateral investment treaty in force with the country where they plan to invest or set up a business.
- Substantial investment: The applicant must have a substantial investment in the enterprise, which is generally defined as at least 50% ownership of the enterprise or possession of operational control through a managerial position or other corporate device.
- Active investment: The investment must be active, meaning that it is not a passive investment and the investor is responsible for the management and direction of the enterprise.
- Benefit to the country: The investment must provide a substantial or significant economic benefit to the economy of the country where the enterprise is located.
- Investor qualifications: The investor must be a national of the treaty country and must demonstrate that they have the skills, experience, and business acumen necessary to manage the enterprise successfully.
It is important to note that there may be limitations or exceptions to these criteria, and further action may be necessary to meet the specific requirements of each country. The process for obtaining an E visa also varies depending on the country and may involve submitting a business plan, financial documents, and other supporting evidence. It is recommended to seek the advice of a licensed attorney who specializes in immigration law to assist with the visa application process.
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