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by funkymusic 4833 days ago
Thank you for your feedback!

I was dealing with Matthew Schulz at Baker & McKenzie in Palo Alto (http://www.bakermckenzie.com/MattSchulz/) and it worked out pretty well.

1 comments

Thanks a lot! Could you perhaps explain this a bit more in detail:

"The investment has to be made by the people applying for the visa."

Let's say that we're a 2 year old company in a treaty country (EU) with ~$400k in the bank, founders have ~50% of the company. Not having a US company yet. Would this situation require some tweaks before applying for a E2 visa?

Also:

"Your employees can also move to the US under this visa."

Under which circumstances can the (EU) employees transfer? The same time frame as the E2 holder? Would it be sufficient for only one of the two founders to get the E2 visa and let the other move as an employee?

In this case you could do a so-called flip bringing your assets from the EU to the US (contributing cash and assets).

A drawback is everything depends on the main E2 visa holders - as long as this person holds the visa others can follow; if this person does not hold the visa any more, all attached immigration permits are gone as well (e.g. if the company goes out of business you can't stay in the US and look for a job).

Great, thanks. Do you know of a more formal way of expressing this "flip"? (Don't get any good Google hits).
It generally is referred to a scrip for scrip rollover (terms may vary based on your country of jurisdiction).

You're essentially swapping your ownership in the foreign company for the equivalent ownership in a US company, and the US company becomes the sole shareholder of the foreign company.