Rep. Floats Bill On Permanent Residency For E-2 Investors

Law360, Washington (April 17, 2015, 6:38 PM EDT) -- A Florida congressman introduced a bill in the U.S. House of Representatives on Thursday that would make foreign nationals on E-2 visas — which are visas based on substantial financial investment in a U.S. business — eligible for permanent residency after they have lived in the country for 10 years.

H.R. 1834 — introduced by Rep. David Jolly, R-Fla. — would allow for permanent residency if the visa holder's investment has created at least two full-time jobs. The bill would also extend the age under which children of E-2 visa holders can stay in the country, from the current 21 years...

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