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Ask an Immigration Lawyer - AIM - 30 E2 - Visa Part 1 Can Loans or Gifts Count as a Source of Funds

AIM - 30 E2 - Visa Part 1 Can Loans or Gifts Count as a Source of Funds

Ask an Immigration Lawyer

03/18/19 • 6 min

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Can loans or gifts count as a source of funds for an e-2 visa? 00:00 Can loans or gifts counts towards source of funds for an e-2 visa as an investor. 00:17 As many of you know, in order to get an E-2 visa as an investor in the U.S. you really have to demonstrate a substantial investment, but also you have to show where the money is coming from for your investment. 1:11 A lot young entrepreneurs that are finishing school in the U.S. and they want to start a business. They're getting a gift from their families. 2:07 It's important to show how the person who gives the money is able to get the money and the person receiving the money has control of that fund in his bank account before they invest into the business. That's a perfect way to be able to use gift money in an E-2 visa case. Another way is loans. We have a lot of people that have clients that they have some money, but I also want to be able to get a loan in their home country to be able to support the business. 2:54 I never recommend to use a loan from U.S. bank. It's going to be very difficult to get you an E visa and the U.S. embassies are not keen to see foreigners trying to get money from U.S. bank 3:41 That's the only way where we can use a loan if you secure it with a real estate or some personal belongings that are high value that will be one way to be able to use the loan in an E visa fund. Otherwise, if there's no security behind it, the U.S. embassies are going to like that. 4:20

03/18/19 • 6 min

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