The E2 Visa Business Plan: The Key to your Future. How Can I Ensure I Get Accepted?
The coveted E2 Visa has had an extortionately high application rate over the years, and with a lot less spaces in comparison on offer to budding business owners and entrepreneurs seeking to relocate to the country, standards are exceptionally high.
You need to be able to map out the next five years of your business development accordingly in order to convince the Board of Immigration Appeals that you can inspire change in local communities, make a telling impact to the economy and provide a positive force for good in the US. In return you are supported by a stable foundation of business growth and opportunities to thrive in one of the leading nations when it comes to prosperity.
Sound daunting to you? Well, it shouldn’t, because to compete in the US economy and not only survive, but flourish, you need to be:
● Diligent
● Assured
● Humanitarian
● Communicative
● Organized
● Passionate
● Emotionally intelligent
● Culturally sensitive
● Marketing savvy
So, with these traits in your repertoire already, you have what it takes to become a fully fledged society difference-maker and see your business soar in the US.
But one element is missing, right? You need some inspiration and guidance on the proper way to structure your plan, for the biggest chance of success. You have arrived at the perfect place, and at Oxbridge Content we do not compromise on attention to detail and quality, so rest assured, by the end of this guide you will understand everything you need to include in your E2 Business Plan.
BIA - not only the Board of Immigration, but a useful tool for you to compose your application.
● Business
● Investment
● Applicant
The caliber of your BUSINESS: what value can your company provide?
When we think about global business and thriving enterprises within a specific field, we see some non-negotiables, consistent with every operation. Guaranteeing these specifics and convincing the Embassy of both your own and your business’ worth will stand you in great stead.
Here are some key facets to add value:
Does your company have profit generating ability? An obvious first point but nonetheless sometimes underappreciated in these applications, you need to demonstrate succinctly exactly how and why your business can see profits, and establish a steady trajectory over the coming years.
Employment opportunities - the more working networks you can inspire, the better! How can you map out where your jobs will come from, the demographics you will appeal to, your company culture, which will determine turnover rates, and how diverse you want to be in your recruitment?
Management foundation is essential, do you have the right personnel governing your operations? You need to go into detail on your management structure, size, and manner of operations, as well as company philosophy. A thriving business is built upon a strong cohort of leaders.
Financial strategy will be pivotal to your pitch for a Visa, and will be a key determinant of the success of your business. Ensure you take steps to include how your profit margins will be expected to increase, expected revenues, and the finer details regarding establishing a stable position within the economy.
How are you averse to risk? Lease, set up costs, unexpected events and crises, and can you prove your business will be fully operational from day one?
INVESTMENT: the important details
You need to show that you are able to generate a substantial amount. There is no minimum here but you need to be able to sustain the enterprise and strive for consistent growth, as well as ensure a stable starting position within the economy.
The investment must be completely lawfully obtained and available for instant use.
How are you, the APPLICANT, able to drive a successful business and implement a blueprint to guarantee results?
● Are you proven in your field, do you possess a strong educational background and have significant qualities that set you apart?
● Are you efficacious enough to ensure recruitment will be continuous and support the business and its profitability?
● Do you have insight into market demands and development, as well as a competitive edge?
● Can you grow a framework based upon a strong philosophy of business? What are your underpinning ideas?
FAQs:
● What key elements do I need to cover in my E2 visa business plan?
BIA. Business impact analysis These three also need equal attention because if you neglect one, your application will likely fall short.
● Do I need to have a successful business background?
No! This scheme is all for young, budding business people with a great mentality and aspirations to inspire change.
● What documents do I need to provide?
-Lease agreement if commercially renting
-Contract proof if commercial space
-Franchise agreement
-Resume of manager(s) hired
-Resume of immigrant investor
-Explanation of capital invested
-If business is a corporation, articles of incorporation
-If business is limited company, articles of organization
● How likely am I to get approved?
Being truthful, the embassy is strict as applications are plentiful. However, not many follow a tailored blueprint guaranteed to get results.
● I have never visited the country. Does this matter?
Not at all! In fact, foreign investors with diverse and accomplished backgrounds but with little to no experience of having been in the US are valued, because they can provide an alternate attitude to business and drive innovation.
● Is there an age limit?
As long as you are an adult (18+), anyone can apply. It’s never too late to start a business!
To summarize, ensure these points are cemented in your plan:
● Business - enlist and elaborate the essential driving forces behind operations. Detail how you will ensure profit growth. Establish marketing criteria, management strategies and philosophy
● Investment - reiterating the substantial nature of your investment and that it is lawfully obtained in
● Applicant - how credible are you for the role? Demonstrate how your mentality aligns with being viable to open a business in the US. How passionate are you about changing communities for the better and developing employment opportunities?