Israeli Citizens to Become Eligible for US Investor Visas as of May
As of May 1, Israeli citizens will be eligible for work permits in the US provided they can commit to investing “a substantial amount of capital” in the US and, in doing so, employ American citizens. The granting of the visa, known as the E-2, was approved last week after seven years of negotiations between both countries and is expected to come into effect in early May, a spokesperson for the Israeli Ministry of Foreign Affairs told Calcalist in a phone call Saturday.
The level of investment required for an E-2 visa varies by the nature of the business, but applications must show how the investment will lead to the hiring of US workers, according to the US citizenship and immigration website. The E-2 program also allows investors to man key positions in their companies with people of the same nationality.
Israeli investors can either purchase an existing business or establish a new one in order to be eligible for the E-2 visa.