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Great deal! Portugal has officially become an E-2 contracting state of the United States!

label: 2023-01-05

Recently, U.S. President Biden officially signed the "National Defense Authorization Act" for fiscal year 2023, and the content of the bill will take effect immediately.


Among them, the "National Defense Authorization Act" also included the AMIGOS Act, and Portugal officially became a contracting party of the US E-1/E-2.


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1


AMIGOS ACT Act


The AMIGOS ACT Act, also known as the Portugal Accession to E2 Treaty Countries Act, was first introduced in 2019.

Main content of the bill:


Portuguese citizens are eligible to apply for E-1 treaty businessman visa and E-2 treaty investor visa;



Portuguese citizen: refers to a Portuguese citizen or a newly naturalized immigrant who has lived in Portugal for 3 years;



After obtaining the visa, the visa holder can live, work and invest in the United States;



A single visa can be applied for up to 5 years;


2


E-1 and E-2 visas


? E-1 visa: Allows citizens of treaty countries to conduct international trade with the United States.


? E-2 visa: Citizens or companies of treaty countries are allowed to make large capital investments in US companies.


Both E-1 and E-2 visas are non-immigrant visas.


The E-2 visa is a long-term residence visa, valid for 5 years, and can bring many benefits to the visa holder like a green card in the United States.


3


Advantages of the E-2 Visa


Children's education:


Children under the age of 21 can accompany them to the United States to study and live, and can enjoy free public primary and secondary education;


Spouse work:


The spouse can apply for a work permit, and there is no restriction on the location of the work industry;


No quota limit:


No quota limit, no scheduling, no lottery;


Proof of funds is simple:


There is no need to prove the legal source of funds, and the complexity of document review is low;


Tax incentives:


No need to pay U.S. global income tax, and can also enjoy other tax relief benefits;


Freedom to travel:


During the validity period of the visa, you can live outside the United States without a limited period, and you can enter the United States freely.


4


The gold content of Portuguese identity has increased


As one of the few countries that can obtain EU passports, Portugal has always been popular with Chinese investors.


During the 10 years from 2012 to 2022, more than 80% of the Chinese applied for Portuguese golden visas.


Now, Portugal has become a contracting state of E-1/E-2 of the United States, and Portuguese identity will also become one of the shortcuts for Chinese people to immigrate to the United States, which makes the gold content of the Portuguese golden visa increase again!


In summary, a Portuguese identity can not only obtain the EU status in one step, travel freely in the 27 EU countries, but also springboard to the United States, allowing the whole family to enjoy the treatment of American green card residents.


If you need an EU status or a visa to enter the United States, you are welcome to inquire about the Portuguese status from Xingyunhai.


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