--- title: "E2 vs EB5 vs EB2 NIW: Which Visa Fits Your Capital | Portunus" description: "E2 vs EB5 vs EB2 NIW breakdown: E2 is fast and renewable, EB5 buys a green card, EB2 NIW rewards track record. Find your best path to US business." datePublished: 2026-07-15T19:15:19.057Z dateModified: 2026-07-15T19:15:19.057Z canonical: https://www.portunusai.com/blog/e2-vs-eb5-vs-eb2-niw source: https://www.portunusai.com/blog/e2-vs-eb5-vs-eb2-niw --- # E2 vs EB5 vs EB2 NIW: Which Visa Fits Your Capital | Portunus E2 vs EB5 vs EB2 NIW breakdown: E2 is fast and renewable, EB5 buys a green card, EB2 NIW rewards track record. Find your best path to US business. Which visa do you pick when the United States doesn't actually have a startup visa? That's the real question behind E2 vs EB5 vs EB2 NIW, and the honest answer is that none of them was built for founders. You're choosing among a patchwork of existing categories, and the right one depends on two things: how much capital you can put at risk now, and where you want to be in five to seven years. E-2 is a fast, renewable treaty visa. EB-5 buys a green card outright. EB-2 NIW rewards a strong personal track record with permanent residency and no set investment. Most guides compare these in isolation. The better move is to treat your first visa as step one of a sequence, not a final decision. ## E2 vs EB5 vs EB2 NIW: which one fits right now Start with your capital ceiling and your business stage, not the visa brochures. If you have a real business to run and roughly £80,000 to £150,000 to commit, E-2 is usually the default for British founders. If you can deploy $800,000 or more and want permanent residency from day one, EB-5 is the direct route. If your case rests on an exceptional professional record rather than a chequebook, EB-2 NIW may get you a green card without any prescribed investment at all. The mistake is picking one and stopping there. A large share of UK entrepreneurs I'd point toward E-2 today should be thinking about how that same business feeds an EB-5 or NIW petition in a few years. The visa you file first constrains what comes next, so choose it with the whole path in view. ## Nonimmigrant vs immigrant status: what actually leads to a green card Here's the distinction that clears up most confusion about "how long until I get my green card." E-2, L-1, O-1 and the International Entrepreneur Rule are **nonimmigrant** or parole statuses. They let you live and work in the US, sometimes for many years, but they don't by themselves make you a permanent resident. You can renew an E-2 indefinitely and still not hold a green card. That surprises people who assume time served converts automatically. It doesn't. EB-5 and EB-2 NIW are **immigrant** petitions. Their entire purpose is permanent residency. When you file, you're on the green card track from the outset. Why this matters in practice: a founder who spends four years happily on E-2 hasn't moved an inch closer to a green card unless they've separately started an immigrant petition. E-2 buys speed and flexibility. It does not bank permanent-residency credit. If your goal is a US passport eventually, the nonimmigrant visa is a bridge, and you need to know what's on the other side before you step onto it. Treat these two families as different tools with different jobs, and the timeline questions answer themselves. ## E2 vs EB5 vs EB2 NIW side-by-side comparison Two things need flagging because competitor guides get them wrong. First, E-2's "substantial investment" is **not a fixed $100,000 threshold**. It's a proportional test measured against the total cost of the business. A £50,000 investment in a £60,000 consultancy can qualify; £150,000 in a venture that genuinely needs £1 million may not. UK founders often land near the $100,000 mark in practice, which is where the myth comes from, but there is no statutory floor. Second, the EB-5 numbers you'll see in older articles are stale. The current range runs from roughly **$800,000 in a targeted employment area up to $1,050,000** in a standard location, with a requirement to create **at least 10 full-time jobs** for qualifying US workers.[1] If a guide quotes $900,000 or $1.8 million, it predates the 2022 reforms and you should treat everything else in it with suspicion. EB-2 NIW sits apart. There's no investment figure to hit. Instead you argue your work has substantial merit and national importance and that waiving the usual job-offer requirement benefits the US. That suits a founder-scientist or a proven operator far better than someone whose only asset is capital. ## L-1 vs E-2 visa for UK business expansion If you already run a trading UK company, the calculation shifts. The **L-1 intracompany transfer** visa hinges on a qualifying corporate relationship between your existing UK business and a US entity, parent, branch, subsidiary or affiliate. You must have worked for the UK company for at least one continuous year in the past three, in a managerial, executive or specialised-knowledge role. Get that structure right and L-1 lets you expand a running business into the US without meeting any treaty-nationality test and without personally putting a "substantial" sum at risk in the way E-2 demands. E-2, by contrast, is built around a fresh (or newly acquired) US enterprise that you own and control, funded by your at-risk investment. It's the stronger fit for a genuine new venture. L-1 is the stronger fit for expansion of something that already exists. There's a strategic sweetener: the **L-1A** (for managers and executives) maps cleanly onto the **EB-1C** multinational-manager green card. That makes L-1 one of the tidier bridges to permanent residency if your company grows on both sides of the Atlantic. Where does **O-1** fit? It's for the individual with an extraordinary record, in business, science, the arts or athletics, rather than for a business plan or an investment. A founder with a major exit, significant press, or industry awards might qualify for O-1 on their own merits and skip the capital question entirely. It rewards who you are, not what you're building. ## International Entrepreneur Rule: a fallback, not a favourite The **International Entrepreneur Rule (IER)** is worth knowing about precisely because so few people use it. It isn't a visa. It's a form of parole that lets a startup founder stay in the US for up to five years if they have a significant ownership stake and their company has attracted serious backing. As of October 1, 2024, applicants must show at least **$746,571 in qualified investor funding or $298,629 in government awards or grants**, and those thresholds are indexed for inflation every three years.[1] So the figures will move; check the current numbers before you rely on them. IER suits a founder who can't meet the E-2 treaty or ownership tests but has landed qualified US investment or a government grant. The catch: parole is discretionary and less durable than a visa, and it doesn't lead to a green card on its own. Useful as a fallback. Rarely the first choice. ## How to sequence a US visa toward a green card Single-route thinking is where founders waste years. Sequencing is where they don't. A common and sensible path looks like this. Start on **E-2 or L-1** for speed and lower capital exposure. Build the business. Then, once it's generating jobs and revenue, or once your personal profile has matured, transition to **EB-5 or EB-2 NIW** for the green card. The variations that work in practice: - **E-2 first, then EB-5.** You establish and grow the enterprise on E-2, then invest the required capital and satisfy the 10-job test for an EB-5 petition. The business you already built can supply the evidence. - **L-1A first, then EB-1C.** If your company expands and you're running it as an executive, the multinational-manager green card is a natural next step. - **Any route, then EB-2 NIW.** As your track record deepens, patents, revenue, hires, press, an NIW petition that would have failed at year one may succeed at year four. Sequencing also changes the family picture. On E-2, your spouse can apply for work authorisation and can be employed anywhere, which matters enormously for household income during the early, cash-tight years. Children under 21 can attend school. When you move to an immigrant petition, dependents move with you, but the timing of their work authorisation and travel flexibility shifts. Plan school enrolments and the physical move around the visa that governs your first two or three years, then revisit as you approach the green card stage. If you want to pressure-test which route your business can actually support, an honest [E-2 eligibility](/check-eligibility) assessment is the right place to start before you commit capital. ## UK-specific evidence and consular process for E-2 and EB-5 The London playbook is E-2-specific. Don't assume it transfers. British E-2 applicants file through the **E-Visa Unit at the US Embassy in London**, which handles treaty cases separately from ordinary visa interviews. It expects a particular evidentiary trail: - **Companies House filings** confirming ownership, incorporation and directorship - **UK tax records** (HMRC filings, SA302s, corporation-tax returns) supporting your income and the source of your funds - A clean **source-and-path-of-funds** trail showing the money is lawfully yours and has genuinely moved into the US enterprise - A **business plan** with credible five-year financial projections, market analysis and hiring forecasts demonstrating the venture is not marginal That last document does real work at the E-Visa Unit, and getting the [E-2 business plan](/blog/e2-visa-business-plan) right is often what separates a smooth approval from a request for more evidence. A word of caution, though: a polished binder speeds up a genuinely viable, legally eligible case. It cannot rescue a marginal business or a route you don't actually qualify for. Officers read plans against reality, and a beautiful document wrapped around a weak enterprise fails. EB-5 and EB-2 NIW route differently. Both are USCIS petitions. EB-5 runs I-526/I-526E, then either consular processing through the **National Visa Center** or adjustment of status inside the US, followed by the I-829 to remove conditions. EB-2 NIW runs an I-140 with the national-interest arguments front and centre. Neither touches London's E-Visa Unit, and the Companies House-and-HMRC bundle that works for E-2 is not the format USCIS expects. Different door, different paperwork. For the country-specific detail, the [E-2 from the United Kingdom](/e2-visa/united-kingdom) guide covers the London specifics in depth. ## E2 vs EB5 vs EB2 NIW frequently asked questions ## Choosing your route: what to do before you spend anything Decide your capital ceiling first, then let it narrow the field, not the other way round. Have a lawyer stress-test the business itself before anyone drafts a plan, because eligibility and viability are what win cases; the binder only presents them well. Map the green card you want at the end and work backwards to the visa that gets you moving now. And treat the physical move, the shipping, the school places, the timing, as dependent on the visa decision. The route comes first. The removal van follows it. Sources: [1] [US Entrepreneur Visa: 2026 Visa Options for Founders](https://www.nnuimmigration.com/us-entrepreneur-visa/)