Israeli E-2 Visas Not Yet

Legislation which would accord E-2 status to Israeli citizens and nationals is making its way through the legislative process in the U.S. On 3/19/12, the House of Representatives passed H.R. 3992 by a vote of 371-0. There is a companion bill in the Senate, S 921, introduced by Senator Schumer on 5/9/11, however the Senate Judiciary committee has not yet considered this bill. 

To become law, this legislation must be adopted both in the U.S. and reciprocally in Israel. This law is expected to pass. 

E-2 status is for investors who make substantial investments in the U.S. which are not marginal. The hope is that such investments will spur job creation and assist in stimulating the U.S. economy.