Investor Work Visa for Israeli Citizens –
Who is really procrastinating this?
Treaty Investor visa to the USA, is a
reciprocal agreement that is treaty based.
This means that the treaty country has
signed an agreement with the United States
to permit the same benefits to American
citizens, investing in their country.
nationals have become very anxious and
excited that after 64 years of friendship
and commercial trade with the United States,
eventually the US Congress has permitted the
State of Israel to be added to the list of
over 80 countries.
have been treaty members since 1931, such as
Austria and even Liberia. There are over 80
countries that have signed the treaty, and
some countries even include their territory
states such as France. France entered into a
treaty in December 21, 1960 permitting all
nationals of France, Martinique, Guadeloupe,
French Guiana and Reunion to benefit from
investing in the US.
The basis of the
work visa lies in the fact that a country
has entered into a relationship with the
United States to enhance and facilitate
economic and commercial interaction between
the two States.
What is the E2
in fact? It is a classification of a type of
"temporary non immigrant Work Permit" that
permits a national of a treaty country to
work legally in the United States in
accordance to the requirements and
conditions of the Law.
entry work visa lasts for durations of
between two-five years, and can be extended
repeatedly, so long as the national
continues investing in the commercial
organization in the US, creating job
opportunities and profiting.
One needs to ask
themselves, what is the reason that the
State of Israel has not been signed up to
this treaty agreement till today?
In 2010, there
was over $ 36.9 Billion Dollars of trade
between Israel and the United States.
Between 2000-2010, direct investment by the
Israeli national to the US amounted to over
$ 58.5 Billion Dollars.
Israel is among
the U.S.’s 10 largest export markets per
capita. Despite a population of only 8
million people Israel is among the U.S.’s 24
largest export markets by value, ahead of
countries such as Russia, Ireland, Spain,
Sweden, and Argentina.
Who is not
trying to promote allowing the Israeli
national who is already investing and
trading with the USA to be permitted a work
permit in the US?
2012, Californian Congressman Howard L
Berman introduced a Bill named H.R.3992 to
Congress, called the Berman Bill, that
proposed to add Israel to the list of
countries eligible for E-2 Nonimmigrant
Investor visa status. It passed the House in
a 371-0 vote and was officially signed by
President Obama on June 11, 2012.
However, the US
Embassy in Israel will not agree to process
this work visa for the Israeli national –
see direct quotation from the E1/E2 Unit at
the US Embassy Israel - "the
implementation of this visa category will
not be effective until the terms and
conditions of the final agreement are
determined between the two countries,
including providing a reciprocal visa status
for American investors in Israel".
If we read the
The Berman Bill H.R. 3992 - it reads,
" A BILL – To allow otherwise eligible
Israeli nationals to receive E-2 non
immigrant visas if similarly situated United
States nationals are eligible for similar
non immigrant status in Israel. "
reciprocal visa status for American
investors in Israel??" – Is the
Israeli Ministry of Industry Trade and Labor
preparing to introduce a scheme to Israel?
Is the Population and Immigration Authority
(Reshut Uchlusin and Hagira) of the Ministry
of Interior preparing to enact Law to permit
American citizens to live and work in Israel
further to investing in an Israeli company?
Where this issue
stands is questionable?
offices, legal experts in Global Immigration
will keep our clients updated.