Questions & Answers

Please note that the questions and answers are providing general information only.  Should you need any additional information or would like to discuss this process further, we would kindly request that you speak with Charles Christopher Tyrrell, a Florida licensed immigration attorney.  You can reach him at ctyrrell@tntvisa.com and can learn more about him and his business at the company’s website, www.tntvisa.com.

Grenada Citizenship Investor Program

Most frequent questions and answers

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The Investor Visa

Most frequent questions and answers

The investor visa is commonly referred to as the E2 visa.  It is for foreign nationals who seek to direct and develop a business that they have invested into in the United States.

Unfortunately, no, not every foreign national is eligible for the E2 visa. You must have citizenship with a country that has a particular treaty with the US.  Grenada has this treaty, while Russia and China do not.  

Yes.  As long as one of your nationalities has the treaty with the US, you can seek an E2 visa.  For example, if you have Grenada citizenship and Russian citizenship, you can use your Grenada passport to apply for the E2 visa.

There is no set number for a minimum investment for the investor visa.  However, we would recommend that you invest at least $150,000 to prove to the officer that you are committed to your US based business. 

You can create your own business.  You may also purchase an existing business or work with a franchise to create an E2 approved business. 

Although the regulations do not require direct jobs for the E2 visa, you should have people working for you that will allow the business to run and be successful.  For example, if you wish to open a restaurant, you will need staff and a chef in order for it to be successful.  The job requirement will be based on the business.

Not necessarily.  There are exceptions, but it is our recommendation that you make the full investment before seeking the business.

Yes, as long as you own and control at least 50% of the business.

As long as both partners own and control 50% of the business and are citizens of a country that has the treaty with the US, then yes. 

It will typically take three months to one year from when you have decided on where to invest for you to be able to apply.  It will all depend on whether or not the business is active, meaning whether or not it receives income, outside of your investment. 

Yes.  The E2 visa allows you to obtain a social security number.  However, this does not allow you to work anywhere in the US.  Rather, you will only be authorized to work for your business(es).

Yes, your spouse and any child under 21 can obtain E2 visas.

Your spouse can seek a work authorization card, which will allow her to work in the US for any company.  It will also give her a social security number.  Your children will not be able to seek this card of obtain their social security numbers through this process. 

Yes.  Your children, your spouse and even you are able to go to school at any school, once you obtain the E2 visa.

If you obtain your E2 visa, you should get it for five years.  If you use another nationality, it could be five years, with some countries only providing the visa for three months.

As long as your business is operational, you should be able to renew the E2 visa.

 

Please note that the above questions and answers are providing general information only.  Should you need any additional information or would like to discuss this process further, we would kindly request that you speak with Charles Christopher Tyrrell, a Florida licensed immigration attorney.  You can reach him at ctyrrell@tntvisa.com and can learn more about him and his business at the company’s website, www.tntvisa.com

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Permanent Residency in the US

Most frequent questions and answers

Yes.  There are many ways to obtain permanent residency in the US.  If you still own a company in your homeland, even if it is not Grenada, you may be eligible to obtain residency through your investment into your E2 business. 

There are several factors to consider.  The first is whether or not you own at least 50% of a foreign based business and whether or not you worked for that company in an executive or managerial position, prior to obtaining your E2 visa.  You must also be working in an executive or managerial position in the US, which means you must have employees reporting to you in the US company. 

These are legal terms defined by the immigration regulations and must meet certain requirements.  We would recommend that you speak to Charles Christopher Tyrrell to determine whether or not you qualify.  You can reach him at ctyrrell@tntvisa.com.  For more information on him or his company, please go to www.tntvisa.com.   

Possibly.  The regulations require that the foreign business own and control at least 50% of the US business, so that if your foreign company partner owns a share of your US business, you may still qualify.  We would recommend that you speak to Charles Christopher Tyrrell to determine whether or not you qualify.  You can reach him at ctyrrell@tntvisa.com.  For more information on him or his company, please go to www.tntvisa.com.   

The foreign business and the relationship between the foreign business and the US business must remain constant until you obtain your residency. 

Immigration officers look at a variety of factors when reviewing this petition.  Speaking with Charles Christopher Tyrrell or Tyrrell Law, PSC, he recommends that your business make at least $1 million in gross sales and have around 10 jobs within the business. 

You should estimate that it will take approximately a year from the time the case is filed for you to obtain immigration’s answer.  Please note that this is an estimate based on the current processing times for this type of process.  The processing times are constantly changing and depending on other matters, your process may be shorter or longer.

The company is filing for an immigrant petition, which when approved, allows you to proceed to obtain a green card.

You typically can file for your residency when the company files the immigrant petition.  However, this will affect your E2 status in the US and as such, we would recommend you speak with Charles Christopher Tyrrell to discuss your options and your immigration strategy.  You can reach him at ctyrrell@tntvisa.com

Your spouse and any child under 21 can obtain residency with you through this process.

Your children may still be able to obtain residency if they turn 21 during this process.  This is a legal question which should be answered by an attorney.  We recommend that you contact Charles Christopher Tyrrell at ctyrrell@tntvisa.com to discuss your options.