E2 Visa Industries in Texas
Foreign investors love Texas. The Lone Star State destination continues to attract foreign capital investment because the state is centrally located in the U.S., and it boasts a robust and diversified economy. According to a recent Texas Governor’s Office report, Texas ranks 3rd in the nation as a state destination for foreign investment.
Foreign Investment Top E2 Visa Industries
As foreign nationals evaluate their project options to secure their E2 visa, they should consider the following industries, as these have attracted considerable foreign investment:
- IT and Electronics
- Industrial Goods
- Professional Services
IT and Electronics
In the IT & Electronics industry, foreign entrepreneurs may consider starting or acquiring projects in sales and service support for the software sector. The U.S. Citizenship & Immigration Services (USCIS) has regularly approved projects in this sector with investments well under $100,000.
In the Energy industry, projects to consider would include business services to support the oil & gas sector, such as consulting, sales support, and servicing equipment.
In the Industrial Goods industry, foreign entrepreneurs may consider establishing projects in servicing of industrial equipment, or sales support for automation solutions for pumps and other instrumentation.
Texas is a top destination for foreign investors wanting to invest in the chemicals industry. In Chemicals, entrepreneurs may opt for projects in production of basic chemicals and plastics. One strategic advantage for locating chemical businesses in Texas is proximity to rich mineral resources and refining infrastructure that provide the raw materials for chemical production. Although business projects in manufacturing will require higher capital injections, other projects in sales and marketing of chemicals would facilitate lower capital requirements.
Foreign entrepreneurs can find the greatest flexibility in seeking an E2 visa by assessing business projects in the professional services industry. Business services in consulting, sales and marketing, finance, and human resources management can permit a foreign national to obtain an E2 visa with a relatively low capital investment.
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