Best Businesses for E-2 Visa: Ideas Under $100K for 2024
Looking for the Best Business for E-2 Visa under $100K? This article explores five promising franchise opportunities that meet the E-2 visa requirements while requiring less than $100,000 in investment. From senior care to youth sports, we cover a range of options to help you find the right franchise to start your E-2 visa journey in the U.S. Discover essential tips on what constitutes a substantial investment and how to make the most of your franchise business.
Written by
Facundo Bermúdez
Published on
15 May 2024
Table of Contents:
Thinking about buying a franchise in the United States without spending a fortune? You’re in the right place! This article will guide you through the best business for e-2 visa ideas for franchises that need an investment of less than $100,000.
If you’re new to this, the E-2 visa lets you enter and work in the U.S. by investing in and operating a franchise. Consulting services are also a viable E2 visa business idea, offering flexibility and lower investment compared to traditional businesses. We’re going to look at five different franchises, each costing less than $100k, that meet all the requirements for an E2 visa business and have a strong potential for success in the U.S. market. Let’s start by diving into what it means to make a substantial investment.
The E2 visa is a non-immigrant visa designed to allow foreign investors to live and work in the United States by investing in a business. The primary purpose of the E2 visa is to stimulate economic growth in the US by encouraging foreign investment. This visa offers a mutually beneficial arrangement: foreign investors get the opportunity to develop and expand their businesses in the US, while the American economy benefits from job creation and increased economic activity.
By fostering foreign investment, the E2 visa helps to build a dynamic and diverse business environment in the United States. However, potential challenges such as application denials can arise, making it crucial to consult an immigration lawyer to enhance the chances of approval by addressing issues and providing necessary documentation.
To qualify for an E2 visa, applicants must meet several specific criteria. Firstly, they must be nationals of a treaty country, which is a country that maintains a commerce and navigation treaty with the United States. Secondly, the applicant must make a substantial investment in a genuine US enterprise. This means the business must be an operating business, not a speculative or idle investment.
Additionally, the business should have the potential to generate more than enough income to provide a living for the investor and their family, as well as create jobs for qualified US citizens, permanent residents, or foreign nationals with valid work authorization.
The investor must also enter the US with the intent to develop and direct the business, demonstrating a hands-on approach to business ownership and management.
For aspiring entrepreneurs seeking to navigate the visa process, establishing your own business is crucial as it ensures you have the necessary ownership and control required for the E2 visa.
While there is no specific minimum investment amount mandated for an E2 visa, the investment must be substantial enough to support the business for at least one year. The US government employs a proportionality test to ensure that the investment size is appropriate for the business’s needs. Typically, the cost of the business is determined by its purchase price or fair market value.
A detailed business plan or analysis must illustrate the total cost required to acquire and operate the business.
Although a minimum investment amount of $100,000 is often cited as a general guideline, investments below this threshold may face challenges in demonstrating substantiality. Therefore, it is crucial for foreign investors to carefully plan and document their investment to meet the E2 visa requirements effectively.
Navigating the E2 visa application process can seem daunting, but breaking it down into manageable steps can make it much more approachable. Here’s a comprehensive guide to help you through the process:
For those looking to own a franchise under an E-2 visa, it’s important to grasp what constitutes a “substantial investment.” While U.S. immigration laws don’t specify an exact dollar amount, the investment should be significant enough to demonstrate a firm commitment to the business and ensure its successful operation. At Visa Franchise, we generally recommend an investment of at least $100,000. However, it’s important to note that this amount need not be solely for the purchase of the franchise.
This minimum investment includes not just the initial purchase but also covers various operational costs essential for getting the business off the ground. These expenses often encompass equipment, inventory, staffing, and marketing efforts — all critical components for establishing and effectively running your franchise.
Franchise opportunities often come with established business models, providing potential business owners with a tried-and-tested approach and support from the franchisor. This reduces risks for investors who may be hesitant to start a new business from scratch, particularly in unfamiliar markets.
Estrella Insurance stands out in the insurance industry as a highly favored option among our clients. The appeal of this franchise is largely due to its robust business model, high-quality products, and extensive support network for franchisees. As a property and casualty insurance agency with more than 40 years in the market, Estrella Insurance has established a reputation for providing exceptional service and maintaining a professional atmosphere.
Business brokers can play a crucial role in facilitating the process of buying a franchise like Estrella Insurance, leveraging their extensive networks to provide tailored opportunities.
The investment range for becoming a part of Estrella Insurance is quite accessible, from $49,950 to $84,000. Currently, they have 185 locations throughout the country.
Amazing Athletes is a dynamic youth sports franchise established with a noble mission: to make a positive impact on children through physical education. As an owner of an Amazing Athletes franchise, you have the opportunity to introduce children to the world of sports. The programs are specially designed to fit a variety of settings, such as after-school programs, daycares, summer camps, and even birthday parties, ensuring a broad and versatile customer base.
Conducting thorough market research is crucial to determine suitable locations and ensure the viability of the Amazing Athletes franchise.
Since its inception in , Amazing Athletes has rapidly expanded, now boasting over 130 locations across the United States.
The investment required to start an Amazing Athletes franchise ranges from $58,000 to $91,000.
OMEX stands out as a seasoned player in the commercial cleaning services industry. Founded in 1979, OMEX has built a robust presence with over 50 locations across the country. This franchise offers a compelling opportunity for entrepreneurs interested in a stable and growing sector.
The initial investment to open an OMEX franchise ranges from $52,000 to $82,000, positioning it as an attractive option for those looking to invest under the $100,000 mark while adhering to the substantial requirement of the E-2 visa.
Franchisees of OMEX have expressed high satisfaction, particularly praising the franchise for its ability to meet annual sales targets and the excellent training provided. This positive feedback underscores the franchise’s effectiveness in supporting its franchisees’ success. Finding a viable E2 visa business opportunity that can lead to running a successful business is crucial, as demonstrated by OMEX franchisees’ satisfaction and success.
MaidThis Cleaning, founded in 2013, has quickly established itself as a specialist in cleaning residential homes and vacation rentals. With locations in key cities like Los Angeles, San Francisco, Denver, and Myrtle Beach, MaidThis is actively expanding its presence across the United States.
The franchise’s business model is designed to eliminate common frustrations associated with house cleaning, such as unreliable cleaners and the hassle of scheduling. Clients can trust that the cleaners will be professional, punctual, and thorough.
Purchasing an existing business like MaidThis can be a viable option for those looking to qualify for the E-2 visa, emphasizing the importance of conducting due diligence. This includes financial analysis to ensure the business meets specific requirements and represents a substantial investment.
This focus on reliability and customer satisfaction has made MaidThis a preferred choice for many homeowners and rental hosts looking to maintain their properties without the usual inconveniences.
The investment required to start one of its franchise is attractively low, ranging from $47,000 to $66,000.
Options for Senior America is a franchise dedicated to enhancing the lives of senior adults by helping them manage the challenges of daily life. Since its founding in 1989, the franchise has expanded to over 20 locations across the United States, demonstrating its effectiveness and demand in the senior care sector.
The investment required to start a franchise ranges from $85,000 to $110,000. While this is on the higher end of the investment scale discussed in this article, it’s important to note that the senior care industry presents a unique, continually expanding market opportunity.
A manufacturing business, due to its substantial initial asset needs and ability to create jobs, naturally aligns with the investment and operational criteria needed for the E2 visa.
The aging global population drives constant growth in this sector. Each day, between 8,000 and 10,000 Baby Boomers reach retirement age, which underscores the ongoing and increasing need for senior care services. This demographic trend drives the senior care industry’s reliable profitability, as demand for such services will grow for decades to come.
While the E2 visa approval rate is relatively high, there are common reasons for denial that can be avoided with proper preparation and documentation. Here are some of the most common reasons for denial and tips on how to avoid them:
The E2 visa offers significant benefits for family members. It allows them to accompany the primary applicant to the US and enjoy various opportunities. Here are some of the benefits and considerations for family members:
Benefits for Family Members:
Considerations for Family Members:
Tips and Recommendations:
Note: The information provided is general in nature and may not be applicable to every individual’s situation. It’s recommended to consult with an immigration attorney to ensure you meet the eligibility requirements and have the necessary documentation.
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