E-2 Visa13 min read

The Most Affordable E-2 Visa Franchise: Foot Solutions

E2 visa businesses for sale! Which is the most affordable E-2 Visa Franchise to invest in? Discover the answer in this article!

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Written by

Facundo Bermúdez

Published on

26 Aug 2023

The allure of the American dream has attracted people from all corners of the world to the United States for generations. One avenue that has enabled numerous individuals to establish themselves in the land of opportunity is through e-2 visa franchise. Designed for foreign investors looking to create or oversee a US business in the U.S., this visa offers a tailored path.

An example of such an opportunity is owning an ice cream franchise, which aligns well with the E-2 visa requirements and offers a reliable customer base in the booming ice cream and frozen dessert industry. However, securing an E-2 visa comes with its own complexities and challenges.

In this article, we will delve into the process of obtaining the E-2 visa, highlight its benefits, examine the operational support investor strategy, and showcase an appealing franchise opportunity that aligns with the visa’s requirements.

Eligibility for the E-2 Visa: Business Ownership Requirements

The E-2 visa is available to citizens of treaty countries that hold a commerce and navigation treaty with the United States.

Essentially, this means that investors from qualifying nations can inject a significant amount of capital into an active business, such as a restaurant, café, or manufacturing operation, in a U.S.-based venture and, in return, gain authorization to enter and work in the United States while overseeing and advancing their investment.

Can the E-2 Visa Lead to Permanent Residency?

While the E-2 visa doesn’t directly lead to a green card (permanent residency), there are pathways to transition from an E-2 visa to a green card. For instance, employment-based visas like the EB-5 visa offer the chance to attain permanent residency, though they require a larger investment.

Does the E-2 Visa Allow You to Work in an Existing Business in the U.S.?

Absolutely, the E-2 visa provides the privilege to work within the U.S., but exclusively for the specific business in which the investment was made. Engaging in work for other employers or pursuing unrelated business ventures is not allowed.

What’s the Required Substantial Investment for the E-2 Visa in the USA?

The required minimum investment for an E-2 visa varies, depending on factors like the nature and location of the business. The minimum investment amount typically ranges from $100,000 to $500,000, depending on the business model and industry.

As a general guideline, it’s often advisable to have a minimum of to $200,000 USD available for investment. However, certain industries and locations might necessitate significantly higher investment levels.

Benefits of Business Ownership

Business ownership offers numerous benefits for foreign investors seeking to obtain an E2 visa. One of the primary advantages is the ability to live and work in the United States while developing and managing a business.

This provides an opportunity to build a successful business, create jobs for American workers, and contribute to the local economy. Additionally, business ownership allows for greater control over one’s livelihood and the potential for significant financial returns.

Established business models, such as franchises, can provide a proven track record of success and a lower risk of failure compared to starting a new business from scratch.

This can be particularly beneficial for foreign investors who may not have extensive experience in the US market. Furthermore, business ownership can provide a sense of security and stability, as well as the opportunity to build a legacy for future generations.

Established Business Models for E2 Visa

Established business models, such as franchises, can be an attractive option for foreign investors seeking to obtain an E2 visa.

These models offer a proven track record of success, established operational strategies, and recognized brands.

Franchises can provide a lower risk of failure compared to starting a new business from scratch, and can offer comprehensive training and ongoing support to help ensure success.

Some popular established business models for E2 visa include:

  • Franchises: Such as fast food, retail, and service-based franchises
  • Consulting businesses: Such as management consulting, IT consulting, and marketing consulting
  • Existing businesses: Such as purchasing an existing business in a desirable industry or location

A consulting firm can be particularly appealing due to the lower initial investment and operational costs.

Consulting businesses can be set up with minimal overhead, primarily relying on the individual’s expertise, allowing for flexibility in operations without the need for a physical location.

Top Industries for E2 Visa Businesses

Certain industries are more suitable for E2 visa businesses than others. Some of the top industries for E2 visa businesses include:

  • Food and beverage: Such as restaurants, cafes, and food trucks
  • Retail: Such as clothing stores, convenience stores, and online retailers
  • Service-based industries: Such as consulting, IT services, and marketing services
  • Healthcare: Such as medical clinics, dental clinics, and pharmacies
  • Technology: Such as software development, app development, and e-commerce platforms
  • Franchises: Franchises can cater to both residential and commercial properties, making them a versatile option for E2 visa businesses

These industries often have a high demand for products or services, and can provide a stable source of income for foreign investors.

Evaluating Business Opportunities

When evaluating business opportunities for an E2 visa, it’s essential to consider several factors. These include:

  • Market demand: Is there a high demand for the product or service in the US market?
  • Competition: How much competition is there in the industry, and how can the business differentiate itself?
  • Financials: What are the startup costs, and what are the projected revenue and expenses?
  • Growth potential: Is there potential for growth and expansion in the industry?
  • Visa requirements: Does the business meet the requirements for an E2 visa, such as creating jobs for American workers and making a substantial investment?

By carefully evaluating these factors, foreign investors can make an informed decision about which business opportunity is best for them.

Finding the Right Business for Sale

Finding the right business for sale can be a challenging task, but there are several resources available to help. These include:

  • Business brokers: Such as BizBuySell, BusinessBroker, and LoopNet
  • Online listings: Such as websites and social media platforms
  • Networking: Such as attending industry events and conferences
  • Franchise opportunities: Such as researching established franchise brands

By utilizing these resources, foreign investors can find a business for sale that meets their needs and goals.

Affordable Business Options

Affordable business options are a crucial consideration for foreign investors seeking to obtain an E-2 visa. The E-2 visa requires a substantial investment in a U.S. business, but the amount of investment can vary depending on the type of business.

Here are some affordable business options for E-2 visa applicants:

  • Franchises: Franchises offer established business models and ongoing support, making them a popular choice for foreign investors. Initial investment costs for franchises can range from $50,000 to $500,000, providing a range of options to suit different budgets.

    With a franchise, investors benefit from a proven business model and brand recognition, reducing the risks associated with starting a new business from scratch.

  • Consulting Services: For those with professional experience in a service industry, consulting services can be an excellent option. Whether it’s management consulting, IT consulting, or marketing consulting, these businesses often require a lower initial investment, typically ranging from $10,000 to $50,000.

    Consulting services leverage your existing expertise, allowing you to provide valuable insights and solutions to U.S. businesses.

  • Small Retail Businesses: Small retail businesses, such as convenience stores or gift shops, can be an affordable and manageable option for foreign investors.

    Initial investment costs for small retail businesses can range from $50,000 to $200,000. These businesses often have lower overhead costs and can be set up in various locations, making them a flexible choice for aspiring entrepreneurs.

By exploring these affordable business options, foreign investors can find a suitable path to business ownership in the U.S. while meeting the E-2 visa requirements.

Buying an Existing Business

Buying an existing business can be a great option for foreign investors seeking to obtain an E-2 visa. An existing business can provide a proven track record of success, an established customer base, and trained employees.

When buying an existing business, it’s essential to consider the following factors:

  • Financial Performance: Review the business’s financial statements to ensure it is profitable and has a stable cash flow. This includes examining income statements, balance sheets, and cash flow statements to get a clear picture of the business’s financial health.
  • Market Position: Assess the business’s market position and competition to ensure it has a strong presence in the industry. Understanding the competitive landscape and the business’s unique selling points can help you determine its potential for continued success.
  • Growth Potential: Evaluate the business’s growth potential and opportunities for expansion. Consider whether there are untapped markets, new product lines, or additional services that could drive future growth.
  • Price: Negotiate a fair price for the business, taking into account its assets, liabilities, and financial performance. It’s important to conduct a thorough valuation and consider factors such as goodwill, intellectual property, and any existing contracts or agreements.

By carefully evaluating these factors, foreign investors can make an informed decision about purchasing an existing business, ensuring it aligns with their investment goals and E-2 visa requirements.

Working with a Business Broker

Working with a business broker can be highly beneficial for foreign investors seeking to buy an existing business or start a new one. Business brokers have extensive networks and can provide a range of opportunities. They can assist with:

  • Finding the Right Business: Business brokers can help foreign investors find a business that meets their investment goals and E-2 visa requirements.

    They have access to a wide variety of listings and can match you with businesses that fit your criteria.

  • Negotiating the Price: Business brokers can negotiate the price of the business on behalf of the foreign investor.

    Their expertise in valuation and negotiation can help ensure you get a fair deal.

  • Due Diligence: Business brokers can assist with due diligence, ensuring the foreign investor makes an informed decision.

    This includes verifying financial statements, assessing the business’s legal standing, and identifying any potential risks.

By leveraging the expertise of business brokers, foreign investors can navigate the complexities of buying a business in the U.S. with greater confidence and ease.

Seeking Professional Advice

Seeking professional advice is crucial for foreign investors seeking to obtain an E-2 visa. Professionals such as lawyers and accountants can provide guidance on the E-2 visa application process, business setup, and financial planning. They can assist with:

  • E-2 Visa Application: Lawyers can help foreign investors navigate the E-2 visa application process, ensuring all requirements are met.

    They can provide legal advice on treaty countries, investment amounts, and the necessary documentation.

  • Business Setup: Accountants can assist with setting up the business, including registering the company, obtaining necessary licenses, and opening a business bank account.

    They can also help with tax planning and compliance, ensuring your business operates smoothly from a financial perspective.

  • Financial Planning: Financial advisors can help foreign investors create a comprehensive financial plan, including budgeting, forecasting, and tax planning.

    They can provide insights into managing your investment and maximizing returns while ensuring financial stability.

By seeking professional advice, foreign investors can navigate the complexities of the E-2 visa process and business ownership with greater confidence and success.

Operational Support Investors: A Smoother Approach

For entrepreneurs interested in investing in a franchise with operational support, the investor must hold a controlling majority stake in the business.

This structure facilitates collaboration with an experienced operator who handles day-to-day business operations. This partnership ensures effective business management, enabling the investor to concentrate on other aspects of their American journey.

Who Qualifies for Operational Support Investments?

Operational support investments usually require an initial investment ranging from $215,000 to $800,000 or potentially more.

This route typically appeals to foreign nationals with a net worth exceeding $2 million and/or annual earnings surpassing . It’s particularly attractive to high-net-worth individuals looking to leverage their resources and establish a business presence in the U.S.

The Affordable E-2 Visa Franchise: Foot Solutions

For those seeking a cost-effective route to the E-2 visa Foot Solutions presents a promising franchise opportunity. Specializing in health and wellness, Foot Solutions focuses on custom orthotics and complementary footwear.

With over two decades of operation and positive customer feedback, this franchise offers an appealing chance to obtain an E-2 visa while entering a thriving industry.

  • Investment Range: $135,800 – $194,300
  • Total U.S. Locations: 46
  • Franchise Units: 38

Moreover, the operational support investor model allows for involvement as minimal as five hours of work per month, making it a sensible choice for balancing business pursuits and personal commitments.

Exploring Foot Solutions: A Comprehensive Look at Franchise Opportunities

In a recent interview on our affiliated Vetted Biz YouTube channel, our co-founder, Patrick Findaro, engaged in an enlightening conversation with John Prothro, the CEO of Foot Solutions, Inc. They delved into crucial aspects of Foot Solutions and the opportunities it offers to potential franchisees. John Prothro shared his journey, from his background as a Vanderbilt baseball player to his progression in finance and eventual entry into the world of retail and franchising.

Foot Solutions caters to a diverse demographic, including Baby Boomers, retirees, and individuals dealing with foot-related discomfort. The franchise’s affordability in terms of ownership and operations makes it attractive to potential investors. A typical franchise location requires around 1500 square feet of space, with locations experiencing high walk-in foot traffic being particularly encouraged. The total investment encompasses factors like franchise fees and inventory costs, influenced by the chosen store’s location and size.

For a thorough understanding of Foot Solutions and its potential as a franchise opportunity, we highly recommend watching the complete interview. It serves as a valuable source of insights. Alternatively, direct communication is also an option for obtaining all the necessary information.

Why Choose a Health & Wellness Franchise Investment?

Opting for a health and wellness franchise investment is a strategic move, especially considering recent global events that emphasize the importance of well-being. As more individuals prioritize health and fitness, the demand for products and services that support these goals continues to rise.

Notably, the millennial demographic demonstrates a willingness to invest in high-quality offerings that contribute to their overall well-being, driving growth within this market segment.

Moreover, owning a health and wellness franchise provides an opportunity to make a positive impact on people’s lives. By offering products and services that enhance health and lifestyle, franchise owners can find fulfillment in helping others lead healthier, more satisfying lives.

Conclusion

The E-2 visa pathway opens avenues to the American dream for individuals with an entrepreneurial spirit and a desire to invest in the U.S. market. Operational support franchises like Foot Solutions provide a means for investors to realize their aspirations with a reasonable investment and flexible involvement.

By aligning with the health and wellness industry, investors tap into a growing market while also making a positive contribution to individuals’ lives.

For high-net-worth individuals seeking a strategic investment opportunity in the U.S. and a path to personal and business success, the E-2 visa route, particularly through operational support franchises, offers a fitting journey.