An important new source for foreign investment immigration is
now about to take hold. News broke in the New Year that the Israeli
government will finalize regulations permitting reciprocal
immigrations, the final substantive roadblock for the
E-2 Visa's implementation.
By way of background, in June 2012 President Obama signed
legislation implementing a bilateral investment treaty with Israel
that required the latter to provide reciprocal immigration status
for American investors.
The Knesset did not approve the reciprocal agreement until August
2014. However, the Israeli government needed to complete
regulations for a new investor visa for Americans (Israel's B-5
Visa), which were finalized this week. The regulations will need to
be published and applications opened for submission, which many
have estimated to take approximately 90 days.
The E-2 visa category for Israelis is not yet in effect. The
Embassy will issue a press release as soon as the E-2 Investor Visa
is available to Israeli nationals. However, the U.S. Embassy in Tel
Aviv accepts applications submitted on behalf of Israelis who hold
dual citizenship with countries that maintain a treaty investor
with the United States.
Presently, Israeli nationals may only receive E-1 Treaty Trader
visas based on a treaty that went into effect in 1954. As a result,
many investors commanding businesses that were not able to meet the
stringent E-1 trade requirements have been unable to receive a
This is certainly welcome news to start 2017 and provides
optimism for many of our clients who have been patiently waiting
for over four years. We will continue to monitor implementation of
the E-2 visa for Israelis and provide updates once the embassy in
Tel Aviv begins accepting applications.
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