TREATY COUNTRIES AND INVESTOR VISA OVERVIEW

E-2 investor visa - treaty countries and requirements

Contributor

Tukki

Reading time

6 mins read

Date published

Feb 13, 2026

The E-2 investor visa offers entrepreneurs from treaty countries a path to live and work in the United States by investing in and running their own business. The E-2 visa lets you control your immigration status through your own enterprise, so you do not need an employer to sponsor you as is required with many other employment-based visas.

This guide explains what the E-2 visa is, who qualifies to apply, and which countries have treaties with the United States that make their citizens eligible. If you're exploring whether the E-2 is right for your situation, this is the place to start. For details on how much you need to invest, see our guide to E-2 visa investment requirements.

What is an E-2 visa?

The E-2 is a nonimmigrant visa that allows citizens of treaty countries to enter the United States to direct and develop a business in which they've made a substantial investment. It's often called the "treaty investor visa" because it was created through bilateral treaties of commerce and navigation between the U.S. and specific countries. To learn which treaty countries can apply to this visa, continue reading.

How E-2 differs from other investor visas

The E-2 is frequently confused with the EB-5 immigrant investor program, but they serve different purposes.

  • The EB-5 is an immigrant visa that leads directly to a green card and requires a minimum investment of $800,000 to $1,050,000. Furthermore, as part of its requirements, the EB-5 program includes a mandatory threshold of creating 10 full-time jobs.
  • The E-2 is a temporary visa and has no fixed minimum investment, though it can be renewed indefinitely as long as your business remains active. Unlike the EB-5, the E-2 doesn't require you to create a specific number of jobs.

E-2 visa duration and renewal

E-2 visas are typically initially granted for 2 to 5 years, and it depends on reciprocity agreements with your country of nationality. This is a visa that can be renewed indefinitely, which makes it a viable option for entrepreneurs who want to build a long-term business in the United States without immediately pursuing permanent residence.

However, please note that the E-2 doesn't directly lead to a green card. If you're looking to transition from an E-2 visa to a permanent residence in the United States, see our guide on how to apply for an E-2 visa and transition to a green card.

Who can apply for an E-2 investor visa?

Eligibility for the E-2 investment visa depends on 3 core requirements: your nationality and the business nationality, your investment in a U.S. business, and your role in that business.

1. Nationality requirement

The most important requirement is that you must be a citizen of a country that maintains a treaty of commerce and navigation with the United States. Permanent residents of treaty countries do not qualify for an E-2 visa, since it is your citizenship, not your residence, that determines eligibility for this specific visa. If you hold dual citizenship and one of the countries has a treaty while the other does not, you can apply using the passport of your treaty country.

Finally, the business must be at least 50% owned by nationals of the treaty country.

2. Investment and business requirements

You must invest a substantial amount of capital in a genuine, operating U.S. business. The investment must be "at risk," meaning the funds are irrevocably committed to the enterprise. Passive investments like buying stocks or undeveloped land don't qualify. For specific guidance on investment amounts, see our E-2 investment requirements guide.

3. Ownership and control

You must own at least 50% of the business or hold a senior executive position with operational control. The E-2 is designed for people who will actively direct and develop the enterprise, not passive investors who simply provide capital.

Check which visa fits your profile

E-2 visa treaty countries list

As we previously mentioned, the E-2 is only available to citizens of countries that have qualifying treaties with the United States. The State Department maintains the official list. This list is periodically updated as new treaties are signed or existing ones are modified, so we recommend checking the official list of treaty countries periodically.

Major treaty countries by region

Europe: United Kingdom, Germany, France, Spain, Italy, Netherlands, Sweden, Switzerland, Austria, Belgium, Denmark, Finland, Ireland, Norway, Poland, Portugal, Czech Republic, Romania, Bulgaria, Croatia, and others.

Asia and Pacific: Japan, South Korea, Taiwan, Philippines, Thailand, Singapore, Australia, New Zealand, and Pakistan.

Americas: Canada, Mexico, Argentina, Chile, Colombia, Costa Rica, Ecuador, Honduras, Panama, Paraguay, and others.

Middle East and Africa: Israel, Turkey, Jordan, Egypt, Morocco, Tunisia, and others.

Notable countries without E-2 treaties

There exist several major countries that don't have E-2 treaties with the United States, which means their citizens cannot apply regardless of their investment amount. These include:

Country Alternative Options
India H-1B, L-1A, O-1A, EB-5
China H-1B, L-1A, O-1A, EB-5
Brazil H-1B, L-1A, O-1A, EB-5
Russia H-1B, L-1A, O-1A, EB-5
Vietnam H-1B, L-1A, O-1A, EB-5

If your country isn't on the treaty list, other visa categories may be available depending on your qualifications and circumstances.

Which visa is the best for you?Get matched with visa options based on your profile and current situation using our free tool.
Start visa match

Benefits of the E-2 treaty investor visa

The E-2 offers several advantages that make it attractive for entrepreneurs who want to establish themselves in the United States.

No cap or lottery

Unlike the H-1B, the E-2 has no annual cap and no lottery. If you qualify, you can apply at any time and receive a decision based on the merits of your case. This predictability makes business planning much easier.

Family benefits

If you are married, your spouse can apply for work authorization through an Employment Authorization Document (EAD), allowing them to work for any U.S. employer. Likewise, if you have children under the age of 21, they can accompany you and attend school in the United States.

Business flexibility

You control your own enterprise rather than depending on an employer sponsor. You can hire employees, expand operations, and make business decisions without immigration-related restrictions on your role.

E-2 visa limitations to understand

Before pursuing the E-2, understand its limitations to ensure it aligns with your long-term business goals.

No direct path to green card

The E-2 is a nonimmigrant visa, meaning it doesn't directly lead to permanent residence. While you can renew it indefinitely, you'll need to pursue a separate green card pathway if you want to become a permanent resident. Options include the EB-5 investor program, EB-1A for extraordinary ability, or employer-sponsored green cards.

Tied to your business

Since your E-2 status depends on the performance of your specific business, if the enterprise closes or you sell your ownership stake, your visa status ends. This creates a direct link between your business success and your ability to remain in the United States, which might present difficulties for some people.

Treaty country requirement

If your country doesn't have a qualifying treaty, you cannot apply for an E-2 regardless of your investment amount or business qualifications. This requirement has no exceptions.

For more on E-2 investment specifics, see our guide to E-2 visa investment requirements. When you're ready to start the application process, you can check our E-2 application guide that walks you through each step, or schedule a consultation with our legal team.

Schedule a consultation

WE CAN HELP

Need more clarity?

Find quick answers to frequent visa questions from our legal experts

Can I get an E-2 visa if my country isn't on the treaty list?

No, you must be a citizen of a treaty country to qualify for the E-2 visa.

If your country does not have a qualifying treaty with the United States, consider alternatives like the H-1B, L-1A, O-1A, or EB-5 depending on your qualifications.

Can I use a loan for my E-2 investment?

Yes, you can use borrowed funds for your E-2 investment, but the loan must be secured by your personal assets, not by the E-2 business itself.

If the business serves as collateral, the funds aren't considered "at risk" because the lender, not you, would bear the loss if the business fails.

Does E-2 visa lead to a green card?

The E-2 doesn't directly lead to a green card, but E-2 holders have several pathways to permanent residence.

Options include the EB-5 immigrant investor program, EB-1A extraordinary ability, EB-2 NIW national interest waiver, or employer-sponsored green cards through the PERM process.

What is the minimum investment required for an E-2 visa?

There is no fixed dollar amount in the law. Instead, the investment must be “substantial” relative to the type of business. In practice, amounts under $100,000 are often considered too low, while $150,000–$200,000 or more are typically viewed as stronger. Other factors—such as the number of employees, the type of activity, and the revenue generated—also play an important role. The E-2 is not judged only by a number, but by a combination of factors showing that the business is real, viable, and capable of supporting operations and jobs in the U.S.

How long does E-2 visa processing take?

E-2 visa processing typically takes two to six months from start to finish, though this varies by consulate.

The interview scheduling wait time is often the longest variable.

Some cases require additional administrative processing that adds two to eight weeks.

Other blogs for every step of your visa journey

Cookies consent

We use necessary cookies to make our site work. We'd like to set additional cookies to analyze traffic and make site improvements.
By clicking "Accept" you consent to our use of cookies.