As of May 1, 2019, E-2 investor visas are now available to Israeli citizens.
This type of visa is available to citizens of qualifying countries and who are actively engaged in the development and direction of a U.S. enterprise. To get approved for an E-2 visa, the foreign investor must invest a substantial amount of capital into the U.S. company.
Which countries participate in the E-2 visa program? The list of qualifying countries for the E-2 visa includes approximately 80 countries, but that list did not include Israel until May 1, 2019. Other countries include Argentina, Canada, Chile, Colombia, Ecuador, Mexico, and Spain. Notably absent countries include Brazil, India, Russia and Venezuela. The full list of countries is available here.
Can E-2 visa holders obtain mortgage loans? If you are an entrepreneur in the process of applying for an E-2 visa, or if you already have one, you should know that you can qualify for mortgage loans for property in the United States. Holders of E-2 visas are non-permanent residents.
Residential mortgages. For residential mortgages, non-permanent residents can qualify for conventional loans as well as FHA loans. Learn more here. For example, we obtained a purchase loan for a citizen from Canada holding an E-2 visa, for a condominium in Miami. Learn more here.
Commercial mortgages. For commercial mortgages, E-2 visa holders can also obtain financing up to 65% loan-to-value, for example. Learn more here.
Contact us today for more information about financing for non-U.S. citizens.
David A. Krebs is a licensed mortgage broker offering commercial and residential loan programs beyond your regular bank. Call us at 321-239-2781, click here to submit a message, or click here to book a free consultation.