Last remaining seats to the Jpost 2017 Annual Conference! Get your special offer now

Israelis eligible for US investment visas

June 12, 2012 23:29

President Barack Obama adds Israel to the list of countries whose citizens are eligible for an E2 Treaty Investor visa.

Israeli passports [illustrative photo]

Israeli passports 370. (photo credit:Thinkstock/Imagebank)

Israeli businesspeople and company representatives can now apply to stay in the United States for a lengthy term, after President Barack Obama added Israel to the list of countries whose citizens are eligible for an E2 Treaty Investor visa Monday.

The E2 Visa is for individuals who come to the US to conduct substantial trade, develop and direct the operations of an enterprise in which they have invested, or who are in the process of investing a substantial amount of capital. Visa holders must apply for a renewal every two years, but there is no limit as to how many times they can renew.

Be the first to know - Join our Facebook page.

The US is easily Israel’s number one export destination, accounting for yearly purchases of about $20 billion in a range of fields including chemicals, medical devices and communications equipment. Israelis injected a total of $58.5b. into the US economy from 2000-10, making Israel one of the top 20 countries investing in the US during that period, according to the Industry, Trade and Labor Ministry.

Israeli-American bilateral trade will be boosted by the E2 decision, Israeli commercial attaché to Washington Ohad Cohen said, adding that investments are an integral part of the capacity to conduct business between nations.
Relevant to your professional network? Please share on Linkedin

  • United States
  • trade
  • Share this article via
    from around the web
    Related Content
    SUPPORTERS OF Marine Le Pen put up a poster earlier this year. There has been a meteoric rise of rig
    April 29, 2017
    Le Pen allies with first-round loser ahead of runoff


    Top Stories
    Israel Weather
    • 13 - 34
      Beer Sheva
      16 - 25
      Tel Aviv - Yafo
    • 16 - 29
      15 - 27
    • 21 - 32
      19 - 34