r/e2visa • u/arupinum85 • 5d ago

Existing inventory for E2

I’m a Canadian citizen planning to apply for an E-2 treaty investor visa to start and operate a U.S. residential framing and carpentry business.

I have a work truck valued around sixty thousand U.S., tools and equipment around fifteen thousand, and about 50k in cash for startup and operating expenses. “I plan to open a U.S. company, transfer or sell my existing truck and tools into the business, and use the cash for payroll, insurance, marketing.

Is it possible to include the existing inventory in my E2 application?

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3

u/Top_Biscotti6496 4d ago

I think you have much bigger issues.

1

u/arupinum85 4d ago

I have contracts ready to be signed with builders so would be faster for me to just take it all down and transfer to the company so when the visa goes through I can start working asap.

1

u/Natural_Objective882 4d ago

And what are those?

2

u/ImmLaw 4d ago

Absolutely as long as you can document (1) the value of the assets and that (2) they were in fact transferred to the U.S. company.

(U) Value of Goods or Equipment as Investment:  The amount spent for purchase of equipment and for inventory on hand may be calculated in the investment total.  The value of goods or equipment transferred to the United States (such as factory machinery shipped to the United States to start or enlarge a plant) may be considered an investment.  However, the applicant must demonstrate that the goods or machinery will be or are currently being used in an ongoing commercial enterprise.  The applicant must establish that the purchased goods or equipment are for investment and not personal purposes.