Tuesday, November 7, 2017

Basic Conditions In Acquiring Franchises For E2 Visa

By Brian Adams


There are people who want to live in another country like in United States for various reasons and this includes doing business in there. They want to expand their establishment or start a new one in another place with better opportunity than their home nation. Another reason is their desire to get in the country easier for a chance to immigrate later.

Expanding your current business or starting your own one there may be harder because your plan should be proven viable to immigration officials. But acquiring franchises for E2 visa would be better since this alternative has an established model for being successful already. It also helps if that company is widely known because it is easier to explain their nature.

Here are some conditions you need to meet for granting you this visa which applies to those that will not get a franchise. You should have a passport and check if your country has signed the friendship and trade treaty between the US. Several major countries are excluded with this like Brazil, Israel, Russia and China.

Your investment must be substantial and this depends with the business because no specific amount has been stated though. Investors like you would be participating in the venture more than half and needs your personal involvement with this. It should also be real and viable which is among the conditions scrutinized when renewing your visa.

Here are several reasons why acquiring a franchise would be better than other alternatives which includes the previously mentioned one of being widely known. This means immigration officials would understand the real business faster and easier as well. Writing is simplified for the plan because franchises are needed to disclose the starting and running expenses.

The earning potential are disclosed not by all franchises on their disclosure document but you can figure it while in your discovery process about them. This makes your plan being established doable by representing the amount you would earn potentially already included. You might just ask the other franchise owners for this information and your documents are completed with these data.

Training and support are also provided so you do not need to become an expert of the industry where your future venture is under. This is important because immigration officials are carefully reviewing the experience and background of those requesting for E2 visa. Although franchisors provide these already which means reviewing your experience and background is unnecessary.

Franchises already have path and model given with proofs of its success which is helpful to those who came from other countries similar to you. This is because their language and culture new to you could make it overwhelming, challenging and harder and all help is needed. Continuous support from the franchisor is beneficial for improved chance of success.

And if you plan to get this visa and bring along your dependents or spouse, they are eligible to get the same visa. You must renew this after two to five years depending on which country you came from. The business should also have at least two employees.




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