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BOWDEN · PLANNING GUIDE

Bowden E-2 guide: distinguish business direction from travel arrangements

USAvisa field guide · 2 minute readReviewed 7 September 2026

Read the general investor planning overview

THE SHORT ANSWER

A plan to divide time between countries should explain the real enterprise and investor responsibilities. There is no useful shortcut that substitutes a flight count for the investment and directing conditions.

01

Establish the real enterprise and authority

E-2 needs relevant treaty nationality, at least 50% enterprise ownership by nationals of the treaty country, and the investor’s development and direction through at least 50% ownership or other qualifying operational control. Describe the actual operating responsibilities. Do not invent a universal number of visits that establishes this authority.

02

Trace the lawful at-risk commitment

Capital must be substantial in relation to the business, with no universal minimum. Properly structured visa-contingent escrow may qualify. Personal unsecured borrowing or debt secured solely by non-enterprise personal assets may count; enterprise-secured debt is excluded even with personal collateral. Household travel expenditure cannot substitute for the actual enterprise funds and financing terms.

03

Explain business capacity and the temporary route

The real enterprise must be nonmarginal, supporting more than minimal living for the investor and family or a significant economic contribution; projected capacity should generally be realizable within five years of normal business activity. Intent to depart when E status ends is required, and Canadians generally need an E visa. A home in Canada or a return ticket does not guarantee satisfaction of all conditions or admission.

SOURCE NOTES

Editorial source review: 2026-09-08. General preparation guidance, not an individual assessment.

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