United States · Investor

E-2 Treaty Investor: run your own business in the United States.

The E-2 lets a national of a treaty country invest in a US business and live in the US to develop and direct it. It turns on your passport, not where you live. A Pakistani national in Dubai may qualify. An Emirati national cannot, because the UAE has no E-2 treaty with the United States.

A small business owner standing at the entrance of her café holding an open sign

An investor visa that depends on your nationality

E-2 is a nonimmigrant visa for nationals of countries that have a treaty of commerce and navigation with the United States. The investor puts a substantial amount of their own capital at risk in a real, operating US business, owns at least half of it or controls it, and comes to the US to develop and direct it.

There is no published minimum investment. The amount has to be substantial in relation to the total cost of buying or establishing that particular business, so a smaller business needs a higher proportion of its cost invested. It also has to be committed, not sitting in an account waiting for the visa.

E-2 is temporary. It can be renewed while the business continues to qualify, but it does not lead to a green card by itself, and you must intend to leave the US when your E-2 status ends.

Fees

Quoted after a consultation

E-2 treaty investor case coordination is scoped work. What it costs depends on your circumstances, how many applicants are involved, and how much preparation already exists — so we look at your case first and then quote it, rather than publishing a number that would be a guess for most people reading it.

Government, embassy, visa application centre, insurance, biometric, bank and other third-party charges are set and collected by those organisations and are always separate from Vizabolt’s professional fee. We confirm the scope and the fee in writing before any work begins — there is no online checkout, and nothing is charged from this website.

Who it suits

Treaty nationals who want to run a US business.

The passport comes first. If your nationality is not on the treaty list, the rest of this page does not apply to you.

Pakistani nationals in the Gulf

Pakistan has had an E-2 treaty with the US since 1961. Living in the UAE or Saudi Arabia does not affect that.

Other treaty nationals

Nationals of countries on the State Department’s list — including Bahrain, Oman, Jordan, Egypt and the Philippines.

Buyers of existing businesses

Investors acquiring an operating US business, such as a franchise, restaurant, logistics or service company.

Founders starting a new business

Entrepreneurs establishing a new US company with funds committed and operations underway.

Probably not the right route: Nationals of the UAE, Saudi Arabia, Qatar, Kuwait or India, which are not on the E-2 treaty list, and anyone looking for a passive investment. UAE residence — including long-term UAE residence visas — and UAE business ownership do not create E-2 eligibility. For non-treaty nationals, the L-1A is often the route to consider.

Eligibility

The E-2 requirements.

From the State Department and USCIS. Each is tested separately.

  1. Treaty nationality — yours and the business’s

    You must be a national of a treaty country, and at least 50 percent of the US business must be owned by nationals of that same country. Nationality means your passport; residence in another country does not count.

  2. A substantial investment, at risk

    The investment must be substantial in proportion to the total cost of the business and enough to ensure its successful operation. The funds must be at risk in the commercial sense, subject to loss if the business fails, and irrevocably committed. Uncommitted funds in a bank account do not count.

  3. A real and operating enterprise

    The business must be an active commercial undertaking producing goods or services for profit. Speculative or idle investments, such as undeveloped land or holding shares, do not qualify.

  4. Not marginal

    The business must have the present or future capacity to generate more than a minimal living for you and your family, or to make a significant economic contribution in the US. Future capacity should generally be realisable within five years of the business starting normal operations. A business that can only ever provide a living for the investor is marginal.

  5. You develop and direct it

    You must be coming to the US solely to develop and direct the enterprise, shown by owning at least 50 percent or having operational control through a managerial position or other means.

  6. Lawful source of funds, and intent to depart

    You must show where the investment money came from and that it was not obtained from criminal activity. You must also intend to leave the US when your E-2 status ends.

Is your nationality on the treaty list?

Tell us the business you have in mind. In the consultation we check treaty eligibility first, then whether the plan looks substantial and non-marginal.

Check my eligibility
Evidence

What an E-2 application is usually built from.

An investor applying at a US consulate completes Form DS-160, which includes the E-visa questions (Form DS-156E is for E-2 employees, not the investor). The evidence below is typical.

Nationality and ownership

  • Passport showing treaty-country nationality
  • US company formation documents and ownership records showing at least 50% treaty-national ownership
  • Operating agreement or shareholder documents showing your control

The investment

  • Proof the funds have been invested or irrevocably committed: purchase agreements, leases, equipment, inventory, payroll, escrow
  • Bank records showing the funds moving from you to the business
  • Total cost of the business, to show the investment is proportionate

Source of funds

  • Salary records, business income, sale of property or shares, gifts or loans, traced through bank statements
  • For UAE income: employment contract, salary certificate and statements; for business proceeds, company accounts
  • An explanation of any transfer through other jurisdictions or currencies

The business

  • A business plan with realistic hiring and revenue projections, showing it is not marginal
  • Evidence the business is operating or about to operate: premises, licences, contracts, a website, suppliers
  • Your CV, showing you can develop and direct it

Nothing on this list is requested on our enquiry form. Documents are only ever exchanged inside the secure client portal, after a case has started.

Application stages

How an E-2 case usually runs.

Applicants outside the US apply at a US consulate; someone already in the US in lawful nonimmigrant status can instead ask USCIS for a change of status on Form I-129. Either way, the business is set up before the application, not after.

  1. Treaty and fit check

    Vizabolt

    We confirm your nationality is on the treaty list and that the business idea can meet the substantial and non-marginal tests.

  2. Set up or acquire the business

    You

    You form the US company, commit funds and begin operations, with US legal and accounting advice.

  3. Source of funds and file

    Vizabolt

    The trail of your funds and the business evidence are organised into one coherent file.

  4. Application submitted

    You

    You complete the DS-160 (with its E-visa section) and submit the E-2 package as the consulate requires.

  5. Consular interview

    US authority

    A consular officer interviews you and decides the application.

  6. Entry and renewal

    US authority

    You enter the US in E-2 status; renewals depend on the business continuing to qualify.

Your spouse and children

Your spouse and unmarried children under 21 can accompany or join you as E-2 dependants. They do not need to share your nationality. Spouses in E-2 status are considered employment-authorised incident to status, so a spouse can work in the US. Children can attend school but cannot work.

A child who turns 21 loses dependant status and needs their own status to remain in the US, which is worth planning for early with older children.

Key limitations

  • E-2 is only for treaty nationals. UAE nationality is not on the treaty list, and UAE residence does not count.
  • There is no fixed minimum investment, and no investment amount guarantees approval. The test is proportionality and whether the business can succeed.
  • E-2 is temporary and does not lead to a green card by itself. You must intend to depart when your status ends.
  • Status lasts only as long as the business qualifies. Initial admission is up to two years, with extensions in increments of up to two years; the visa itself may be valid for longer, depending on your nationality.
  • You must develop and direct the business. Passive investment, or a role that is only nominal, does not qualify.
  • No one can guarantee a consular decision. Fees and processing times are set by the State Department and change; we link to the current figures rather than quoting them.

E-2 from the Gulf: nationality first

For a GCC audience, the first question is not money but passport. On the State Department’s treaty list, Pakistan, Bahrain, Oman, Jordan, Egypt and the Philippines have E-2 treaties with the US. The UAE, Saudi Arabia, Qatar, Kuwait and India do not. Someone who holds two nationalities can use a treaty nationality, provided the business ownership matches it.

For Pakistani nationals, the State Department’s reciprocity schedule sets how long an E-2 visa can be issued for and how many entries it allows. The visa’s validity is separate from the period of stay granted at entry.

When we last checked (16 October 2026), the US Mission to the UAE’s own pages disagreed: its main visa page says routine visa processing is not available in the UAE, while a notice dated 8 August 2026 says limited visa processing is available. Nonimmigrant applicants are told to book in their country of nationality or residence; immigrant visa (green card) interviews follow the State Department’s separate rules. This changes at short notice, so confirm on the Mission’s visa page before anything is planned around a UAE interview.

Source-of-funds evidence is where Gulf-based applicants most often need preparation. Years of salary paid in dirhams, end-of-service benefits, property sales in Pakistan or business proceeds in the UAE can all be legitimate sources, but each needs a clear paper trail through bank records to the US business.

What Vizabolt does, and what it does not

Vizabolt is a case-coordination service, not a US law firm, and we do not give US legal advice or represent anyone before USCIS or the Department of State. An E-2 application is a consular application, and the business it rests on needs US legal and accounting advice of its own. The legal judgement in a case of this kind — whether it should be filed, how the argument is framed, and the filing itself — belongs with a US-licensed immigration attorney, and we will tell you so at the start rather than after you have committed to anything.

What we do is the work around that judgement: an early, honest read of whether your profile is worth taking to an attorney at all, planning the evidence and the order it needs to be gathered in, chasing and organising documents from the UAE side, keeping the timeline visible, and coordinating with the attorney you instruct so that nothing waits on a missing letter. The scope and our fee are agreed in writing before any work begins.

Common questions

E-2 investor questions.

Start with treaty eligibility.

Tell us about the business you have in mind. In the consultation we check treaty eligibility first, then whether the plan can meet the substantial and non-marginal tests.

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