USCIS Policy Manual Update Affecting E-2 Investor Visas
July 26, 2021 |
Immigration Blog
USCIS updated its USCIS Policy Manual on a key issue for evaluating money invested for an E-2 visa. The update reflects that USCIS evaluates an investment of lawfully obtained loan proceeds as a contribution of cash rather than indebtedness. This is a big change because previously USCIS required that the individual be personally and primarily liable for the loan debt secured against personal assets, and prohibited the loan from being secured against any assets of the E-2 business.
See:
https://lnkd.in/dWGsUzv
Many E-2 applications, however, are filed through U.S. Consulates. We will have to see how the Department of State views this issue going forward and if the FAM will be updated to adopt this change as well.
See:
https://lnkd.in/dWGsUzv
Many E-2 applications, however, are filed through U.S. Consulates. We will have to see how the Department of State views this issue going forward and if the FAM will be updated to adopt this change as well.
Disclaimer: The information in this post is provided for general informational purposes only, and may not reflect the current law in your jurisdiction. No information contained in this post should be construed as legal advice from our firm or the individual author, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through, this post without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer licensed in the recipient’s state, country or other appropriate licensing jurisdiction.
Stay Informed
Related Team
Related Content

Client Alerts
Florida Passes SB1718, a State Bill That Will Require Many Florida Employers to Use E-Verify and Increase Penalties for Employment of Aliens without Employment Authorization
June 2, 2023

Immigration Blog
The International Entrepreneur Parole – Is it for you?
May 22, 2023

Immigration Blog
What End of Title 42, COVID Vaccine Mandate Means for Travel to U.S.
May 19, 2023

Immigration Blog
How U.S. Government is Facilitating Trade and Investment
May 12, 2023
TAGS
IMMIGRATION
PRACTICE TEAMS
IMMIGRATION