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Ask an Immigration Lawyer - AIM - 29 E2 Investment Visa for Citizens of New Zealand 2019

AIM - 29 E2 Investment Visa for Citizens of New Zealand 2019

Ask an Immigration Lawyer

03/15/19 • 8 min

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What is an E2 Investment Visa And the the Kiwi Act or the E-1 Visa for Citizens of New Zealand? 00:01. Announcing an amazing change in the law that allows now people from New Zealand to come to the United States and start a business no matter what area you have an interest to start a business 00:58 The E-2 visa will allow any investor from New Zealand, first of all to start any company as long as they invest a substantial amount. Again, we recommend at least 50,000 U.S. dollars, but ideally it will be 100,000 that can be invested in any business. 1:58 You can purchase a business. So as long as you purchase a business, it could be a franchise, it could be an existing business or you can start your own business. So you can start a consulting company, you can start a restaurant, a coffee shop, whatever you desire, you can do that. As long as you can prove that the money that you bring from New Zealand is legitimate. 2:46. You can state at the port of entry that you were coming to, to be here an investor. You have a few months to set up your company, to move the funds into your U.S. entity. You'll be able to get an office space if it's going to be a consulting company. If you're going to buy an existing business, you'll be able to put your money in escrow and purchase that business, show that you are using the money that you brought from New Zealand for the purpose of the business 3:34 Once the E-2 visa is issued, you'll be able to come to the United States and start your business. If you're married, you can bring your spouse and your spouse will be eligible for a work permit as well. There's another visa that it was passed as part of this new legislation, the Kiwi Act, and that's an E-1 Visa. 4:16 The E-1 visa would allow somebody from New Zealand to start a trading business with the U.S. This is a visa that had never existed before, but now people from New Zealand are able to apply for the E-1 or E-2 visa to start their, their trade business. So if you're interested in doing a trade business, it's another option for you guys to do that by applying for the E-1 visa. 5:11 It's an amazing opportunity that will help trade in business from both countries, between the U.S. and New Zealand. And it also applies to U.S. citizens that want to come to New Zealand and start companies. It's a reciprocity kind of visa that allows people from the U.S. do the same thing in New Zealand 5:54 And again, it's just a temporary visa. It's not a green card. You don't immigrate. You can come for a couple...a few years. Try your luck in the U.S. and share your, your experience and just the culture of New Zealand with us, people of America.

03/15/19 • 8 min

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