28 Oct Investor Visas by the Numbers
As a company, Joorney always has immigration on their minds. Why you may ask? Well for starters the better we understand immigration, the better we understand how to write your perfect immigration business plan. That’s why we recently studied the past investment visa history to get a better understanding for YOUR future. What did we learn you might ask? Well for starters, immigration visas have been on the rise for the past few years, which means that more and more people are making their dreams a reality. Our market research began as of 1997 and covers all L1 and E2 visas issued. We saw that in 2013 66,700 L1 visas and 35,272 E-2 visas were issued. Our market research began as of 1997 and in 2008-2009 we saw that there was a dip for all investor visas issued due to the economical crisis.
Joorney also learned that within the past 4 years there was a jump of 46.8% in the number of E2 visas that were given out. The E-2 visa is an investor visa that is allowed with various countries that have signed a treaty with the US, giving the individuals the opportunity individuals to enter and work inside in of the U.S. by creating their own company or investing in one based on US soil.based on putting a substantial amount of money into a new start-up or existing that is or will be run in the United States. We also did a deep study to see who the top visa recipient nationalities were and saw that with E2 visas the countries with the highest application and success rate was were as followed: Japan at 32% with 11,333 visas, Germany at 11% with 3,881 visas, Mexico at 9% with 3,001 visas and Canada and South Korea tied at 7% with respectively 2,609 and 2,425 visas.
The numbers of L1 visas issued are is also slowly rising. Since the economical crash in 2009 we’ve been seeing a slow increase to 3.7%. An L1 visa differs from an E-2 visa by allowing entry to international companies with parent or subsidiary offices currently abroad. The US and non-US employers must be related in one of four ways: parent and subsidiary; branch and headquarters; sister companies owned by a mutual parent; or ‘affiliates’ owned by the same or people in approximately the same percentages. When researched, we found that for L1 visas in 2013, India took the cake for the highest amount at 29% with 19,658 visas, which were then followed by the UK at 9% with 6,254 visas, Japan at 7% with 4,662 visas, Mexico at 6% with 4,079 visas and China also at 6% with 3,993 visas.
In addition, our studies showed that China and Japan are the most promising countries in the future when it comes to investor visas. China accounted for 12% of all L1 visas that were issued in 2013, equaling 3,993 L1 visas. As far as E2 visas, Japan has always been the highest placing country with 11,332 visas, accounting for 76% in 2013.
While each visa varies greatly depending on the type of business that you are looking to set up, they both share one requirement in common – a business plan. A detailed business plan is critical when applying for an immigration visa, no matter what country you are applying from. This crucial part of documentation can be a difficult thing to accomplish, as it requires a lot of important details. At Joorney, we have written hundreds of business plans, which means that we have it down to a science. This practice has proved very successful and has given us a 100% success rate with our previous clients for the business plan portion of their visa applications.
This portion of your immigration application is essential for the success of your application, as well with the success of your business. Your business plan gives you the opportunity to explain your concept to the immigration authorities for them to base a decision on your case. If you have already created a business plan for your concept in the past this may be useful BUT it does not replace your need for one now. Immigration business plans do not usually cover, nor emphasize the issues that need to be covered from an immigration law perspective.
For more information on how to get the perfect business plan, please reach out to us! We’d love to hear from you!