Case Study: How to Get an E-1 Visa Treaty Trader Without Actual Physical Trade?

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  • čas přidán 4. 06. 2018
  • #E1visa, #AmericanDream, #immigrationLawyer
    Case study of a client in getting an E-1 Visa Treaty Trader without actual physical trade.
    00:15 A case study of a client and the strategy that we followed about setting up an E-1 Visa, Treaty Trader Visa without actually needing to trade actual goods but using something different.
    1:04 The trade must be one of the few things. Typically it's goods. It's a commodity. But the law also allows services and technology
    1:58 The client was an independent consultant person who was about to retire and he wanted to live in the U.S. E-1 Visa allows you also to trade also in technology. And the fact that the client had the patents that he the designs and everything was designed in Israel
    2:57 The client had to show that the majority of the funds are coming from Israel to fund that build up and then the client finally documented how it's coming to the United States.
    3:52 It could be a good opportunity for designers and developers for many countries that have the E-1 Treaty, but they choose to build their products in China or the Philippines or Vietnam where manufacturing is much cheaper.
    4:43 That person got his E-1 and then a year later, because of this technology that is utilized for the good, you know, helping people lose weight, stay healthy, we're able to get him a Green Card as an exceptional entrepreneur.
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    Many treaties of ‘Friendship, Commerce and Navigation’ have been signed by the United States with the aim of promoting investment and trade and ensuring development of peace and good relations with friendly countries. In fact, many bilateral investment treaties have been signed by the United States which intends to promote investment but does not bestow any privileges regarding trade-related immigration.
    Argentina, Canada, Finland, Germany, Italy, Luxembourg, Mexico, the Netherlands Antilles, Norway, Pakistan, Philippines, Serbia, Singapore, South Korea, Sweden, Thailand, United Kingdom, Austria are some of the countries with whom the U.S has signed the trade treaty.
    In order to trade and develop their investment within USA, visas can be obtained by the nationals of those treaty countries. In these cases, the visa required is the E1 visa.
    Who is a Treaty Trader?
    To qualify as a treaty trader, one must be:
    a national of a treaty country with which US maintains ties of navigation and commerce.
    one who carries on substantial international trade.
    one whose principal trade is with the US. By principal trade, it means that this country has 50% or more of its international trade with the US.
    E1 Visa - What Is It?
    The treaty trader E1 visa is basically a non-immigrant visa that allows the entry of foreign nationals of a treaty nation into the United States. A treaty trader belongs to the nation which maintains a bilateral agreement or treaty of navigation and commerce with the United States. It is to be kept in mind that trade comprises of commercial transactions in goods. In case of trade in technology and services, it includes but is not limited to banking, transportation, communications, advertising, engineering and design, technology transfer, insurance, tourism, data processing, accounting, management consulting and other measurable services.

Komentáře • 4

  • @yasermasood7740
    @yasermasood7740 Před 4 lety

    for trade in services, if some one gave services to US people worth $30,000, it will be sufficient to get E1, given it is 90 percent of one's international trade

    • @Isdudik
      @Isdudik Před 4 lety

      Is it a question or a fact?

  • @hjkjhrs
    @hjkjhrs Před 3 lety

    Hello,
    Regarding nationality requirement, is a person who holds a permanent residence permit from one of the treaty countries eligible to apply for an E1 visa?