E-2 vs EB-5: which US visa is right for you?

Two investor routes: the E-2 is a renewable non-immigrant visa for treaty-country nationals, while the EB-5 is a direct green card for a larger qualifying investment.

Lowest cost
E-2 - ~US$315 visa fee (E category)
Fastest (indicative)
EB-5 - ~2-4 years (varies by petition volume and priority dates)
Permanent residence
EB-5

Side-by-side comparison

FeatureE-2 Treaty Investor Visa
(E-2)
EB-5 Immigrant Investor Green Card
(EB-5)
TypeTemporaryPermanent / PR
Who it's forFor nationals of treaty countries investing a substantial amount of capital in a US business they will direct.For investors who invest a substantial amount in a US enterprise that creates at least 10 US jobs.
Government cost~US$315 visa fee (E category)~US$11,160 I-526 petition fee plus US$1,440 I-485; minimum investment US$1,050,000 (US$800,000 in targeted areas)
Processing time~Weeks to a few months (consular dependent)~2-4 years (varies by petition volume and priority dates)
Length of stayUp to 2 years per entry, renewable indefinitely while the business operatesPermanent (conditional green card first, then permanent)
Where to applyAt a US embassy or consulate abroad (or change of status in the US)Consular processing abroad or adjustment of status in the US
Work rightsWork for the treaty investment enterprise onlyFull work authorization as a permanent resident
Pathway to PRNo direct green card route; some investors later pursue EB-5 or other immigrant categories.Grants a 2-year conditional green card; file I-829 to remove conditions, then citizenship after 5 years.

Which is right for you?

E-2 Treaty Investor Visa (E-2)

For nationals of treaty countries investing a substantial amount of capital in a US business they will direct.

Full E-2 guide →

EB-5 Immigrant Investor Green Card (EB-5)

For investors who invest a substantial amount in a US enterprise that creates at least 10 US jobs.

Full EB-5 guide →

Frequently asked questions

Which is cheaper, E-2 or EB-5?

On indicative 2025-26 government costs, E-2 Treaty Investor Visa (E-2) is the lowest at ~US$315 visa fee (E category). Government fees change periodically - confirm before applying.

Which is processed faster, E-2 or EB-5?

Indicatively EB-5 Immigrant Investor Green Card (EB-5) is the quickest at ~2-4 years (varies by petition volume and priority dates). Actual timeframes depend on caseload and how complete your application is.

Which of these leads to permanent residence?

EB-5 is permanent. E-2: No direct green card route; some investors later pursue EB-5 or other immigrant categories. EB-5: Grants a 2-year conditional green card; file I-829 to remove conditions, then citizenship after 5 years.

What's the main difference between E-2 and EB-5?

E-2 Treaty Investor Visa (E-2) is for for nationals of treaty countries investing a substantial amount of capital in a US business they will direct. EB-5 Immigrant Investor Green Card (EB-5) is for for investors who invest a substantial amount in a US enterprise that creates at least 10 US jobs.

Figures are indicative for 2025-26 and government fees and rules change. Confirm current costs and processing times at travel.state.gov before applying. General information only - not immigration advice.