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Dedicated Immigration Representation for Over 20 Years

E-2 Investor Visa in New Orleans

Immigration-Only Counsel. Over 20 Years of E-2 Experience in Louisiana.

The E-2 Investor Visa is a nonimmigrant visa that lets nationals of treaty countries live and work in the U.S. by investing in and actively managing a qualifying American business. Unlike employment-based immigrant categories, it carries no annual quota and no lottery. Eligibility turns entirely on the strength of the investment, the enterprise, and the applicant’s role in running it.

At Wheatley Immigration Law, LLC, we handle immigration matters exclusively. Attorney Dayna Wheatley has led our practice for over 20 years, guiding investors through the E-2 process from initial eligibility review through renewals. We serve clients in New Orleans, across Louisiana, and internationally, and we recently assisted an investor in pursuing an E-2 approval for a convenience store and gas station operation in Louisiana. Our team provides services in Spanish, Arabic, Hindi, Punjabi, and Vietnamese, a direct fit for the international investor audience this visa category attracts.

Ready to explore your E-2 Investor Visa options? Contact Wheatley Immigration Law, LLC at (504) 784-6803 to schedule your consultation.

What Is the E-2 Investor Visa?

The E-2, sometimes called the treaty investor visa, allows a qualifying foreign national to enter the U.S. to develop and direct a business in which they have made a substantial investment. Four core requirements govern eligibility:

  • Treaty nationality: The applicant must be a citizen of a country with which the U.S. maintains a treaty of commerce and navigation. Family members may accompany the investor even if they hold a different nationality.
  • Bona fide enterprise: The business must be real and actively operating. Speculative holdings, undeveloped land, and passive stock portfolios don’t qualify.
  • Substantial investment: There is no fixed minimum dollar amount. USCIS applies a proportionality test: the investment must represent a significant percentage of the total cost of the enterprise, and the funds must be genuinely at risk in the commercial sense.
  • Develop and direct: The investor must hold at least 50% ownership or occupy a managerial or executive position, and must be coming to the U.S. solely to run the business, not to take outside employment.

Understanding the Substantial Investment Standard

The proportionality test is one of the most misunderstood aspects of E-2 adjudication. USCIS doesn’t look for a floor; it looks at what percentage of the enterprise’s total cost the investment represents. A $100,000 investment in a $110,000 business carries more weight than the same amount in a $2 million operation. For smaller enterprises, the percentage requirement is correspondingly higher.

Qualifying funds must be at risk in the commercial sense: money placed into a business account with a documented source, or loans secured against the investor’s own assets, can qualify. Cash sitting in a personal account that hasn’t been committed to the business doesn’t. Passive real estate purchased for appreciation and mutual fund holdings are similarly excluded. Investors may acquire an existing business, start a new one, or invest in an active franchise, provided the business is genuinely operating and the investor holds a meaningful management role.

The Non-Marginal Business Requirement & Business Planning

USCIS requires the enterprise to have the present or future capacity to generate income beyond a minimal living for the investor and family. In practice, this means demonstrating that the business contributes economically through U.S. worker employment or broader economic activity, not merely supporting the investor’s household.

A credible business plan for E-2 purposes includes projected financials, hiring milestones, and evidence of real business activity such as signed contracts or letters of intent. New enterprises or businesses operating for fewer than two years must show a five-year plan demonstrating that capacity. Established businesses may submit recent tax returns in lieu of a five-year projection. We help clients build documentation that speaks directly to what USCIS adjudicators look for at this stage.

How We Assist E-2 Investors in New Orleans

E-2 adjudications vary by consulate and by USCIS field office. A procedural misstep at the filing stage can result in rejection before the merits of a case are ever reviewed. Working with an attorney who understands how federal rules apply through local offices can reduce that risk materially.

What Our Representation Covers

Our representation covers the full arc of an E-2 matter:

  • Eligibility assessment based on nationality, investment structure, and business type
  • Preparation and filing of the visa application, including Form I-129 for change of status or Forms DS-160 and DS-156E for consular processing
  • Guidance on the complete documentation package: source-of-funds evidence, business records, and the business plan
  • Representation at USCIS interviews and immigration proceedings
  • Renewals and extensions in two-year increments

Change of Status vs. Consular Processing

Applicants already in the U.S. in lawful nonimmigrant status may file Form I-129 with USCIS to change status to E-2 without leaving the country. Applicants outside the U.S. apply through a U.S. Embassy or Consulate and attend a consular interview. Attorney Dayna Wheatley’s membership in the American Immigration Lawyers Association (AILA) and admission to the Fifth Circuit reflect the institutional depth we bring to contested and complex matters.

Family Members & the E-2 Visa

The investor’s spouse and unmarried children under 21 may accompany the investor to the U.S. on derivative E-2 visas, even if they hold a different nationality than the primary applicant. Under current USCIS policy, spouses are employment authorized based on their E-2 dependent status and may work for any U.S. employer without a separate work visa. Children under 21 may study in the U.S. but aren’t authorized to work. We assist in including family members throughout the application process so the investor’s household can establish itself in the U.S. without unnecessary delay.

Frequently Asked Questions

How Long Does the E-2 Visa Last, and Can It Be Renewed?

The E-2 is typically granted with a period of stay of up to two years. Extensions are available in two-year increments with no cap on renewals, as long as the business continues to meet the requirements. You may extend in-country by filing Form I-129 with USCIS or by departing and re-entering on a valid E-2 visa.

Does the E-2 Visa Lead to a Green Card?

The E-2 is a nonimmigrant visa and doesn’t directly lead to permanent residency. Investors seeking a path to a green card may want to explore immigrant investor categories such as EB-5. We can discuss the distinctions between these paths during a consultation.

Can I Invest in Multiple Businesses on an E-2 Visa?

An investor may manage more than one business, provided each enterprise independently satisfies the E-2 requirements for investment and active management. Your E-2 status is tied to the qualifying enterprise, which means you can’t take unrelated U.S. employment. Your spouse, however, faces no such restriction.

What Types of Businesses Qualify?

Any for-profit enterprise that is real, active, and non-marginal can qualify: retail, food service, professional services, franchises, manufacturing, and more. Nonprofits and purely passive investments don’t qualify. The convenience store and gas station approval we recently helped secure in Louisiana illustrates that relatively straightforward business models can satisfy E-2 requirements when the documentation is thorough.

Is There a Minimum Investment Amount?

No fixed minimum exists. The investment must be substantial relative to the total cost of the enterprise, at risk in a commercial sense, and sufficient to support a credible path to a non-marginal business. Lower-cost enterprises require a higher proportional investment.

Speak with an E-2 Visa Lawyer in New Orleans

The earlier you involve qualified immigration counsel, the better positioned your E-2 application can be. We can review your investment structure, nationality eligibility, and business model to give you a clear picture of your options and the documentation you’ll need before you commit capital.

Wheatley Immigration Law, LLC serves investors in New Orleans, throughout Louisiana, and from abroad. Our immigration-only practice and multilingual team are ready to help you move forward.


Contact us today at (504) 784-6803 to schedule a consultation and discuss your options for pursuing your goals in the United States.


Awards & Associations

  • American Immigration Lawyers Assoc
  • FBA
  • Avvo Reviews

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