E-2 Investor

VS

P-1B

Nonimmigrant visa

Nonimmigrant visa

Treaty Investors

Members of Internationally Recognized Entertainment Groups

Entrepreneurs, Business owners, Investors

Band members, Orchestra members, Circus performers, Dance troupes

  • You and at least 50% of the business owners must be nationals of the same treaty country.

  • You must direct or control the business through either 50%+ ownership or a high-level director or managerial role.

  • The investment must be substantial and at risk, with the legal source of funds documented.

  • Funds must be the investor's personal assets, and the investment must be in a commercial enterprise (i.e., a business that sells products or services).

  • The business must be profitable and ideally create at least one U.S. job within the first five years.

  • The group must be internationally recognized in its field.

  • At least 75% of the group’s members must have been with the group for a minimum of one year.

  • The purpose of the visit to the U.S. must be to perform as a group.

  • Renewable indefinitely, allowing long-term business opportunities in the U.S.

  • Highly flexible and can be used for almost any type of business.

  • Allows internationally recognized entertainment groups to perform in the U.S.

  • Simplifies the process with a single petition for the entire group.

  • Adjusts the stay duration based on the group’s engagement schedule.

  • Flexible sponsorship options, including sponsorship by an agent—an individual or entity designated to act on your behalf—instead of a single payroll employer. This allows you to work for multiple employers.

  • Visas are available for essential support personnel, such as sound and lighting technicians.

  • Requires a substantial upfront investment, with funds at risk (no set minimum, but typically over USD $100,000).

  • Some consulates have long wait times for E-2 application interviews.

  • Requires committing investment funds before receiving approval.

  • Stay is limited to one-year increments, which is shorter than other visa categories.

  • Requires proof of international recognition (not just national), setting a higher eligibility standard compared to some other visas.

  • Spouses and dependents do not receive work authorization.

  • Renewal requires evidence of ongoing performance engagements.

Not required

Required

5 years1

Duration of the event, up to 1 year, renewable in 1-year increments

Indefinitely, 5-year increments2

1-year increments

2-4 months

3-6 months

15 business days3

15 business days

Yes

No

1, 2Shorter for some nationalities.

3Available only for change of status, not for consular processing.

-

E-2 Investor

P-1B

E-2 Investor

Nonimmigrant visa

P-1B

Nonimmigrant visa

E-2 Investor

Treaty Investors

P-1B

Members of Internationally Recognized Entertainment Groups

E-2 Investor

Entrepreneurs, Business owners, Investors

P-1B

Band members, Orchestra members, Circus performers, Dance troupes

E-2 Investor

  • You and at least 50% of the business owners must be nationals of the same treaty country.

  • You must direct or control the business through either 50%+ ownership or a high-level director or managerial role.

  • The investment must be substantial and at risk, with the legal source of funds documented.

  • Funds must be the investor's personal assets, and the investment must be in a commercial enterprise (i.e., a business that sells products or services).

  • The business must be profitable and ideally create at least one U.S. job within the first five years.

P-1B

  • The group must be internationally recognized in its field.

  • At least 75% of the group’s members must have been with the group for a minimum of one year.

  • The purpose of the visit to the U.S. must be to perform as a group.

E-2 Investor

  • Renewable indefinitely, allowing long-term business opportunities in the U.S.

  • Highly flexible and can be used for almost any type of business.

P-1B

  • Allows internationally recognized entertainment groups to perform in the U.S.

  • Simplifies the process with a single petition for the entire group.

  • Adjusts the stay duration based on the group’s engagement schedule.

  • Flexible sponsorship options, including sponsorship by an agent—an individual or entity designated to act on your behalf—instead of a single payroll employer. This allows you to work for multiple employers.

  • Visas are available for essential support personnel, such as sound and lighting technicians.

E-2 Investor

  • Requires a substantial upfront investment, with funds at risk (no set minimum, but typically over USD $100,000).

  • Some consulates have long wait times for E-2 application interviews.

  • Requires committing investment funds before receiving approval.

P-1B

  • Stay is limited to one-year increments, which is shorter than other visa categories.

  • Requires proof of international recognition (not just national), setting a higher eligibility standard compared to some other visas.

  • Spouses and dependents do not receive work authorization.

  • Renewal requires evidence of ongoing performance engagements.

E-2 Investor

Not required

P-1B

Required

E-2 Investor

5 years1

P-1B

Duration of the event, up to 1 year, renewable in 1-year increments

E-2 Investor

Indefinitely, 5-year increments2

P-1B

1-year increments

E-2 Investor

2-4 months

P-1B

3-6 months

E-2 Investor

15 business days3

P-1B

15 business days

E-2 Investor

Yes

P-1B

No

E-2 Investor

1, 2Shorter for some nationalities.

3Available only for change of status, not for consular processing.

P-1B

-

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