The Amigos Act HR 2571 was passed by Congress on (06/23/2021) into law imposes additional requirements for E visas (E-1 and E-2) acquired through financial investments (eg. CBI and Golden visas).
Under this bill, if an alien who has never received an E visa became the national of an E visa-eligible foreign country by making a financial investment in that foreign country, that alien must have been domiciled in that foreign country for a continuous period of at least three years at any point before applying for an E visa.
An E-1 visa is for individuals entering the United States to engage in international trade, while an E-2 visa is for individuals investing a substantial amount of capital in the United States. Both are limited to nationals from countries that have a treaty of commerce and navigation with the United States.
The Rule will impact citizenship by investment programs running in Grenada, Turkey, Montenegro and North Macedonia.
