The light at the end of the tunnel is the US E-2 visa. US E-2 visa benefits applicants stuck in the green card backlog that wish to live and work in the US safely and securely. It is also a nonimmigrant visa that is free from the political instability affecting green cards tied to employment and family relations. Learn to secure your children’s future and your employment with the US E-2 Visa. Continue Reading→
Inherently biased against those who deserve it the most, the US green card backlog can literally waste your entire lifetime. Additionally, the nationality bias disproportionately affects certain applicant categories. As a result, Asian Indians are facing the highest level of prejudice with no end in sight. There is seemingly no limit to what they will endure to remain in the US.
Asian Indians Are Victims of Their Own Success
Good work ethics always foster success and prosperity regardless of race, sex or country of origin. Therefore, nationalities that espouse the highest values can excel against the odds. Their strong work ethic starts in academic pursuits which invariably lays the foundation for a successful career. It is no coincidence that the most successful companies recruit employees with strong work ethic.
Indeed, for many years US technology companies have sought out the world’s best and brightest science, technology, engineering and math experts. However, the best and brightest in these categories are not found in the United States or Western Europe.
Predominantly, experts in these fields are recruited from India and China to come and work in the US. This phenomenon is reflected in disproportionately high pay that is received by the best and the brightest. Not surprisingly, they were not born in the US.
The populist politics in the United States exists on both sides of the political aisle. Either way, they are not working in favor of wealthy Indians who come to the US for employment. In fact, the opposite is true.
Political sympathy in the US is reserved for American citizens who constitute the majority. As a result, high paid foreigners in the employment based green card backlog face insurmountable odds. Promises of immigration reform to alleviate the green card back log have long been dead in the water.
Therefore, nonimmigrant options such as the US E-2 Visa are the safest equivalent to the green card. Many of the US E-2 visa benefits make it an effective substitute.
Source: US Census Bureau Quick Facts
Escape Green Card Backlog with US E-2 Visa Benefits
In case you are not aware, as of April 2020 there are 1.2 million employment based green card applications pending. However, Indian Nationals make up 68% of the backlog which far exceeds the proportions of their annual green card allocation cap. This nationality based allocation cap is attached to their country of birth and it only allows a maximum of 9,800 green cards to be issued per year.
As a result, fresh applicants from India can expect to wait 80-90 years to receive their green card. An estimated 205,655 of them will die before they reach the front of the queue.
These numbers were provided by the Cato Institute which illuminate the extent of the backlog for EB-2 and EB-3 applications. Including approximately 300,000 pending H-1B green card applications would have pushed the numbers upwards of 1.2 million. Obviously, NRIs also comprise the majority of the H-1B backlog.
Source: Cato Institute
Immigration Reform Blocked
Like unprepared students cramming for an exam on the night before the test, Democrats have desperately tried to include immigration reform into the Budget Reconciliation Bill 2021. Unfortunately, the two bills are not compatible and the Senate parliamentarian ruled accordingly by two times rejecting their efforts.
There is no realistic chance for any kind of immigration reform that would alleviate the Indian green card backlog. Therefore, the fantasy that Indians would be able to escape the country cap backlog by paying a US$5000 penalty has quickly perished into dust.
80,000 Green Cards Wasted in 2021
On September 30, 2021 the validity for the allotment of 120,000 extra green cards expired with only 40,000 of them being used. As a result, 80,000 green cards were thrown away. This surplus would have been added to the annual 140,000 green cards and circumvented the 9,800 country cap.
The 120,000 gift was a remnant of the Trump administration’s 2020 freeze on issuing family based green cards which resulted in 120,000 green card slots going unused. Since the quota was not met in 2020, it carried over into 2021 and could have been applied against the backlog for employment based green cards.
Grenada Citizenship and US E-2 Visa
A traditional solution for ultra high net worth NRIs was to apply for the EB-5 investor visa. However, the EB-5 qualifications were never really suited for the needs of the mass affluent NRIs seeking employment based green cards.
At a fraction of the E-B5 cost, NRIs can obtain a more effective solution in Grenada citizenship and the US E-2 visa. The US E-2 visa allows Grenada citizens to live and work in the US while their green card applications are pending. For those with a clean background and verifiable assets, approval for both Grenada citizenship and the E-2 visa is all but certain.
Additionally, Indians can obtain the equivalent of Indian citizenship with the Overseas Citizens of India Card (OCI card) as permitted under the Citizenship Act, 1955. Alternatively, Grenada does permit dual citizenship for those who wish to retain their original nationality.
Hopefully, the Indian government will soon approve dual citizenship. Until then, NRIs seeking to enter the US can always rely on the Grenada citizenship program and the US E-2 visa.
US E-2 Visa Benefits for Indians
In 1989, Grenada became a US E-2 treaty country. As a result, Grenada citizens, including successful applicants of the Grenada citizenship by investment program are eligible to participate.
Grenada citizenship and the US E-2 Visa provide exclusive benefits for Indians who struggle to remain inside the US. How can they circumvent the green card backlog and also eliminate the per country caps for long term stay? The answer is the US E-2 visa.
To acquire the US E-2 visa benefits, invest a minimum of US$120,000 in the US by starting a new business, investing in a franchise opportunity or purchase an existing business. The US E-2 Visa allows Grenada citizens to :
- Live and work in the US along with your spouse and children under 21 years of age.
- Only 50% ownership interest required, E-2 business partners can include family members.
- Turn key franchise opportunities available with proven business models.
- Use gift contributions from family to help qualify.
- Spouse of the E-2 investor can pursue open market employment opportunities in the US.
- Children of the E-2 investor may qualify for instate tuition for their education.
- E-2 investors can sponsor employees (including family members) from their home countries to work in the business.
- Initial five year E-2 visa term with subsequent renewals every two years. Simply leave the US and reenter for a two year visa extension.
- Dual citizenship is permitted if you choose to retain your Indian Nationality.
- Indian nationals are also entitled to the Overseas Citizenship of India permitted under the Citizenship Act, 1955.
E-2 Conversions Allowed
Indians may use the E-2 as a precursor to the EB-5 while residing in the United States. Additionally, other US visa categories such as the L-2, H-4, B-1, B-2, E-1, F-1, F-2 and H-1B may be converted to the E-2 visa and vice versa.
The E-2 visa provides flexibility, as a result Indians can escape oppression caused by their current H-1B, EB-2 or EB-3 visa status and pursue open market employment opportunities in the United States.
*Beneficiaries seeking to change status from within the E-2 visa category include, for example, the spouse or child of an E-2 investor who may later wish to work at the company as a manager, and therefore would change their E2 status from a dependent to a manager.
Source: United States Government Accountability Office
Indian Diaspora is the Strength of India
“Indian Diaspora is the biggest strength of India” says Prime Minister Narendra Modi while in the US. Grenada citizenship and the US E-2 Visa provide NRIs an opportunity to secure their future and the future of their children in the United States.
Until now, the US E-2 Visa has gone mostly unnoticed by Indians who historically have chosen the H-1B, EB-2, EB-3 or EB-5 visa options. However, these traditional solutions will no longer provide Indians with the security of the US Green Card.
To be successful living and working in the US, Indians must use Grenada Citizenship and the US E-2 Visa. Indeed, since 2014 over 4,000 passports have been issued by the Grenada government under their citizenship by investment program.
Additionally, over 400 Indians have successfully renewed their E-2 visa in the US from 2014-2018. At an approval rate of 88% Indians perform much better than the vast majority of applicants from other counties who are applying for the US E-2 visa.
Act Now to Invest in Your Future
My agency has a combined 35+ years of experience working with the Caribbean citizenship programs including Grenada. As a result, we have hundreds of successful clients that obtained Grenada citizenship and also acquired the US E-2 visa. NRIs must act now to secure their children and their future.
Note that the underlying investments that secure Grenada citizenship and the US E-2 Visa provide invaluable benefits such as long term, secure access to the United States. But they are also valuable assets that can eventually be sold to recoup your investment capital.
For example, by investing in Grenada real estate to qualify for citizenship you have the right to sell the property after the five year holding period while retaining the Grenada passport in perpetuity. Similar to insurance, it secures your investment and allows you to get your money back. In addition, earn a 4-5% return through the profit sharing program.
The second investment used for US E-2 visa qualification will also earn a respectable yield for you as the business grows. When you sell it, you will redeem your seed capital and the earned income. You can also obtain the capital gains as part of the proceeds from the sale of the business. Alternatively, you can choose to retain the E-2 business investment indefinitely or for as long as you wish to retain the US E-2 Visa.