E-2 visa: frequently asked questions

Yes. Chile has been a treaty country for E-1 trader and E-2 investor visas since the Free Trade Agreement with the United States entered into force in 2004. It is one of the least known categories in that agreement, alongside the H-1B1.

There is no statutory minimum. The investment must be substantial relative to the total cost of buying or establishing the business, and sufficient to ensure it operates. In practice consulates expect figures that make the enterprise viable and do not accept marginal investments.

The E-2 is a renewable temporary visa with no minimum amount that does not by itself lead to permanent residence. The EB-5 is a direct route to a green card, with a US$800,000 minimum in a targeted employment area and an obligation to create ten jobs. The E-2 is far more accessible; the EB-5 is more definitive.

Yes. Both starting a new company and acquiring an existing one are accepted, provided it is a real, operating enterprise rather than a passive investment or a dormant entity. Buying real estate to rent out, on its own, normally does not qualify.

The US company must be at least 50% owned by Chilean nationals who are not US permanent residents. If ownership dilutes below that threshold, the company ceases to qualify as a treaty entity and the associated E-2 visas are at risk.

Yes. The spouse of an E-2 holder has work authorisation derived from their status and may work freely, for any employer in any sector. Unmarried children under 21 may study but not work.

The admission period is usually two years, renewable indefinitely while the business keeps operating and conditions hold. The validity of the consular stamp depends on the reciprocity agreement with Chile and does not necessarily match the authorised period of stay.

Not directly, and care is needed: the E-2 does not allow dual intent, so showing an intention to remain permanently can complicate renewals and entries. Many holders later move to an EB category, which does lead to a green card.