A lot of foreign investors who looking to relocate themselves in the U.S, through E-2 visa are straddled when picking up their industry. The quest to find best business for e2 visa — one that satisfies the criteria defined by a particular visa class like an E-2, while simultaneously offering chances of robust prosperity and decent route on the way to residency is often tough. The difficulty is in finding an industry that falls within selected categories to be generally compatible with the regulations of E-2 visa and catering a job which provides standard level investment security.
This choice can be even a little more stressful for somebody who is thinking of purchasing business opportunities as there are just way too plenty to choose from. As such, investors must identify which the top franchises to own are and if these choices fit into their long-term objectives. Navigating the E-2 visa franchise world is tricky so it pays to be informed.
That is why we created this guide, which breaks down the five best E-2 visa-friendly industries. Here is some down-to- earth advice to guide you make the right choice and receive such unbiased help: this will enable you not only realize your immigration goal but also become successful in a really competitive U.S. market.
Understanding E2 visa requirements
The specific demands of the E2 visa are difficult for them to comply with, according to many investors. It can be confusing, especially when it comes to knowing what is a material investment and how active you must run the business.
The investor to qualify for the E2 Visa is required that he meet below mentioned E2 visa requirements
– Be from a treaty country: The investor must be a citizen of an E-2 treaty country.
– Amount of Investment: The investment must be substantial to ensure the successful operation of the business; It can not be marginal — the business should earn enough annual income to support at least two living wages, for the investors and their families. Our opinion at Visa Franchise is that to invest in a business and meet E2 visa requirements successfully, you should have a minimum of $100K to put into the investment.
– Present a business plan: A detailed and well-thought-out business is also mandatory as part of the E2 visa application, in order to summarize your business model, market analysis and financial projections. This plan must show that there will be economic growh and job creation in the U.S.
It is so important that you choose a business (that fits all of these criteria) to work with. Industries that are easily scaled and have established profitability models, as well as those who prop up their franchisees with other businesses also make great options for potential investors. Understanding and fulfilling these E2 visa requirements will in turn allow investors to better their chances for obtaining a successful grant of the Visa when setting up business operations within the United States.
Top 5 best business options for E2 visa
With respect to E-2 visa investment options, one of the primary requirements is compelling and proven demand. The insurance business is no exception, offering a fuel-efficient market for those who want in this sector to prosper long term inside the USA.
Jorge, a former customer who purchased an Estrella Insurance franchise reminded us that there are several reasons people choose this route. Jorge said, “I wanted a recession-proof business, something people would always need no matter what the economy was doing.” This need fits well with the Insurance sector, which is a basic human and business necessity that operates under near-zero elasticity- meaning there will continue to be demand.
The U.S. insurance marketplace is reasonably well-placed at the moment, demonstrating a market that mirrors an ever-more-complex world-spins-out-of-control modernity. The requirement for broad-based insurance protection grows as new risks arise including cyber threats, health pandemics and changing regulatory environments. This rising growth paves way for investors to invest in the market with assurance that their services would be required.
Jorge also stressed the part about how there is money to be made in insurance not only because of re-curring revenue model. “Policy renewals provide a consistent cashflow and many years of accumulation with all the business policies being long dated keys,” he added. This part of the business does not only enable continuous cash inflow but also provides loyal customers — people who renew their insurances with a provider.
In the future, it is anticipated that insurance will further increase through continued progress in technology as well advancements within healthcare and environmentally. So while the landscape may change — and certainly will over my career there I am sure, insurance business themselves remain essential to adapting for those new challenges that must be met in order to protect our clients.
2. Home healthcare
Home healthcare industry investment is an ideal home-based service business and it provides numerous advantages to any E-2 visa investor.
1- Market growth, the population is getting older thus providing growing numbers of clients for home healthcare services. The need for these services will only increase with more people needing in-home care. The result is a steady and profitable investment, as the home healthcare market continues to grow in proportion.
2- Less Costly to Get Started: Generally speaking, a home health care startup costs less money than others in the medical field. This is especially attractive to E-2 visa investors, who want a business that does not require significant upfront costs and has the opportunity for great profits. This relatively light overhead translates to effective allocation of resources that are required for growth in addition.
3- Healthcare innovation area: The Home Healthcare business offers a service to help seniors, and disabled people in their daily life creating positive social impact. Investors in this sector can know that they are involved with a business making an impact on the ommunity. Long Term Care – Compassionately caring for the aging and disabled not only meets a societal need, but when coupled with quality medical care, enriches healthcare delivery.
4- Scalability : The prospects for scaling and expanding your business are ample in the home healthcare sector. This allows investors to grow their portfolios from smaller operations with the option of expanding into multiple locations, or niche care services. This flexibility allows investors to fit into the market and scale their business possibilities.
Overall, E-2 visa holders can set up home healthcare businesses that meet the criteria for their visas but also target a thriving market with potential gains and social benefits.
3. Painting services
Painting services are a very attractive industry for investors attracted by little entry barriers and high operational flexibility. Entry costs are low and overheads minimal, therefore becoming a popular industrize for E-2 visa investors interested in an uncomplicated path to owning your own business in the United States.
Incremental setup costs & overheads: Going for painting services carries less cost to commence as opposed other types of businesses that exist. The best part about painting services is they do not need expensive equipment, huge facilities or quantities of inventory like many industries. Your initial costs include basic tools, materials and maybe a way to get what your selling from point A to B. This makes it available for those more budget-minded investors who want to get the most bang from their buck.
Scalability: Social painting is an easy business to scale, as owners can start on a smaller level and gradually build to demand. Most companies start with one kind of crew and level, are residential based. Owners can later add more employees and create commercial painting options, as well or specialize to say green eco paints or home decorative painters. The fact that it scales this well affords us the flexibility to track growth in lock-step with business or market opportunity.
This business enjoys consistent demand across both residential and commercial sectors. Painting – homes and businesses will always need a fresh coat of paint to attract that new flow of clients all year round. Real estate supports this demand and in many cases painting services have become a regular investment for homeowners or property managers to increase value of the sale through painting prior selling or getting better leasing rates. Painting services do tend to be a bit of a more recession proof industry, again under the theory that people are going to continue wanting their property maintained and upgraded even in tough times. This resilient nature also makes the industry an attractive proposition for E-2 visa investors who are looking to invest in a stable and potentially lucrative business venture. Painting services join low-cost, high-flexibility businesses with the demand- driven model that can suit E-2 visa holders perfectly. With a focus on small business expansion and plenty of room to grow, this is an ideal industry for establishing one’s niche in the U.S. market.
4. Property management
Property management is great for those who want a consistent revenue stream and growth potential. With management fees as a stable source of revenue from beginning to end, this is an attractive sector for E-2 investors who are seeking opportunities in the states whereby they can establish and grow reliable recurring revenues.
Former client, Gilberto invested into his own franchise – PMI Property Management- and talked about why he did it. “I had already been in the field of property management for some time, so it just made sense”. Gilberto had previously owned a property management business in Brazil, so switching to the same field when he moved made sense given his background. “The fundamental aspect of dealing with owners and tenants is very similar which helped the transition to be seamless”, Mr Ball said.
Recurring revenue is the bread and butter of property management. The franchisor receives management fees to keep the revenue arising on a month-to-month foundation assuring cash float and economic stability for its franchisees. Property management is a reliable business line because many property owners require assistance with tenant placement, rent collection and managing maintenance of their properties such as landscaping snow removal seasonally or 24/7 regardless the economic conditions.
One of the key benefits these industries have is low overhead. Most property management businesses require very little capital to start operating and these are primarily spent on staff duties like rent collection together with software for managing properties. At the same time, it is a cost-effective solution which means low initial investment and lower operational expenses.
The other major benefit of property management: Scalability Investors can start off small with a portfolio and increasingly scale by adding more properties under management. To which we can add, in Gilberto’s case for example: After he became a homeowner service provider through his franchise acquisition, purchasing an existing portfolio to grow the base even more.
Moreover, having the guidance of seasoned franchisers such as PMI is priceless. As Gilberto points out, the back office support whether that be handling taxes and payroll etc played a major role in establishing his business on American soil. This provides franchisees with the backing they need when entering into an entire new business world, allowing their businesses to take off in style while providing for long-term sustainable growth and success.
Recession-Resistant: Property management is also recession-resistant. Housing and property services are in demand whatever the state of the economy, giving an excellent underpinning for long term business achievement. In addition, franchisees also have an option to grow by incorporating complementary services into their service mix i.e., maintenance, landscaping or real estate sales for additional revenue streams and diversified business model.
An E-2 Visa holder can start their career in the U.S by investing in a property management franchise, which provides stable and repeatable income of high demand that is suitable for scalability seekersfillna.
5. Junk removal
The engagement of a new market can be intimidating when establishing yourself within that industry appears to be next to impossible. On the other hand, in terms of business model and traction within its market — junk removal business is a clear winner. This industry is competitive and delights in its simplicity and even so it offers significant growth opportunities.
Former clients Alina and Fabian invested in a junk removal franchise, which they found to be the right fit for their E-2 visa journey. They liked the simplicity of their business model and how they were able to get things up and running very quickly. The brothers said, “Junk removal was an easy way for us to get started with a real business that can be scaled.
The Junk Removal industry has one of our favourite advantages: significant demand for its services. The need for professional junk removal services is alive and thriving as people continue to look for convenient ways of getting rid of unwanted items. Real estate transactions, remodeling and decluttering concerted initiatives stimulate this demand ensuring uptake is consistent throughout the year.
The industry creates opportunities for differentiation with eco-friendly practices as well. Junk removal businesses can cater to the eco-minded segment of their marketplace by highlighting recycling, donating usable items and reducing landfill waste. Alina and Fabian realized that aside from drawing more people as clients, becoming an eco-conscious husband-and-wife cleaning team has enabled them to give back to the community they serve.
Another important advantage of this sphere is that in some markets there is not much competition. Unlike other industries that are more saturated, junk removal in many cases can see newcomers since it is still a somewhat regionalized type of business. It leads to investors building a niche and creating their customer base without any strong competition.
The reasonable costs of entry and margin associated with junk removal put it within reach for E-2 visa investors. New business entrepreneurs by getting only a vehicle, basic equipment and marketing processes launched in lightning speed with turn around time produces revenues. Its simple business model is scalable and easily replicable, as they add more cars and teams to cater for higher demand.
In Summary
One of the most important decisions you can make when it comes to e2 visa is selecting a suitable business and for choosing best business for e2 visa. Insurancehome healthcarepainting servicesproperty managementjunk removalCombined these industries provide some of the following benefits Stable revenue growth E-2 visa qualified industry
You can ensure a route to residency and set yourself up for future success should you invest in these areas. At Visa Franchise, we help investors through this process and ensure that you understand all aspects of the selected businesses to meet your goals. Whether you are at the beginning of your journey to find more information or looking for a specific opportunity, our team can help guide you through U.S. immigration and business investment matters. Speak to our experts and learn what are the best options for your E-2 visa business turnkey.
