Are you looking to identify a profitable business that can get you closer to living and working legally in the United States? An E-2 visa requires a well-thought-out vision for a successful and self-sustaining business and a comprehensive strategy for making it a reality. When looking at businesses that may work for an E-2 visa, it is important to pick a business with a reliable business model and steady demand.
Adjudicators are likely to be leery of E2 petitions for businesses in markets that fluctuate and are more friendly to those in markets that boast a tried-and-true record of stable success.
Here are three business models that may work for your E-2 visa application:
Commercial Cleaning
This industry has grown as a result of the Covid-19 pandemic, which created an increased demand for enhanced cleaning protocols. Commercial cleaning businesses can serve to disinfect airplanes between flights, offices, retail outlets, manufacturing plans, hospitals, and healthcare facilities.[1]
The cost of starting a commercial business is relatively low, and it is a service that offers strong long-term potential since there will always be things that need to be cleaned. Additionally, there are several franchises that focus on offering commercial cleaning services, which provides an easy entry point into the industry and ongoing support. However, keep in mind that not all franchises work for E-2 visas, so make sure you consult with a qualified professional before making a franchise investment.
Childcare
Demand for childcare in the United States has been rising steadily.[2] Many parents require childcare in order to retain employment, and it can be difficult to find an environment that is safe and healthy for their child.
This is another industry that has franchise options available. Franchises are a great option for your E-2 visa application as owning a franchise provides an immediate quality reputation and support from the franchisor, including a successful business model and advertising provided through the franchisor. If you are considering a franchise, be sure to consult with your attorney to ensure that it is a viable business for your E-2 visa.
Accounting/Bookkeeping
The Accounting/bookkeeping industry benefits from strong demand and a shortage of qualified professionals that have allowed industry operators to raise their prices. Accounting businesses require a relatively low capital intensity to start. The most significant barrier to entry in this industry is a shortage of qualified personnel, meaning that if you are experienced in this field, there will be a strong demand for your services.[3]
Visa Business Plans Will Help You Start Your Business in 2023
Here at Visa Business Plans, we can help you identify a profitable business that can get you closer to living and working legally in the U.S. Give us a call today to see how our experienced, professional consultants can guide you through a trusted decision-making process to identify a business that can also work for your E-2 visa petition.
[1] IBISWorld Report “Commercial Cleaning & Sanitation Services in the US” | March 2021 | Gabriel Schulman
[2] IBISWorld Report “Day Care in the US” | June 2022 | Jameson Ayers
[3] IBISWorld “Accounting Services in the US” | April 2022 | Terry Faber
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The information provided in this blog is intended solely for informational purposes. While we strive to offer accurate and up-to-date content, it should not be considered legal advice. Immigration laws and regulations are subject to change, and individual circumstances can vary widely. For personalized guidance and legal advice regarding your specific immigration situation, we strongly recommend consulting with a qualified immigration attorney who can provide you with tailored assistance and ensure compliance with current laws and regulations.
Visa Business Plans is led by Marco Scanu, a certified coach from the University of Miami with a globally-based practice coaching Fortune 1000 company executives, entrepreneurs, as well as professionals in four different continents. Mr. Scanu advises clients on turnaround strategies and crisis management.
Mr. Scanu received a bachelor’s degree in Business Administration (Cum Laude) from the University of Florida and an MBA in Management from Bocconi University in Milan, Italy. Mr. Scanu was also a Visiting Scholar at Michigan State University under the prestigious H. Humphrey Fellowship (Fulbright program) with a focus on Entrepreneurship, Venture Capital, and high-growth enterprises.
At present, Mr. Scanu is the managing partner and CEO at Visa Business Plans, a Miami-based boutique consulting firm providing attorneys and investors with business planning services in the areas of U.S. and Canadian immigration, SBA loans, and others.
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