American investors will soon be eligible for a new B-5 investor visa, following Israel's acceptance of the terms of the U.S. E-2 visa regulations. Israeli government officials have advised that B-5 visa regulations and procedures should be published by March 2017. The regulations are expected to have terms and conditions reciprocal to the U.S. E-2 visa.

What This Means for Employers and Foreign Nationals

U.S. investors should benefit from the B-5 visa once it is implemented since it will provide a new route for work authorization and a streamlined application process.

Now that Israel has accepted the terms of the E-2 regulations, this opens the way to implementation of an E-2 visa for Israeli investors. For more information on the E-2 visa, contact your U.S. immigration professional.

Fragomen worked closely with Kan-Tor & Acco Law Firm (Israel) to prepare this alert. It is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to emea@fragomen.com.

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