Government grants special visas to American investors - Israel News, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Business Visas

Gideon Sa'ar Photo: Eli Mandelbaum
Gideon Sa'ar Photo: Eli Mandelbaum
 
 

Government grants special visas to American investors

As part of new cooperation with American authorities, Israeli businessmen will also be granted benefits, including investor visas allowing them to stay in the US for up to two years.

Omer Efraim
Published: 03.30.14, 21:19 / Israel News

The government has approved Sunday a proposal by Interior Minister Gideon Sa'ar to set unique entry visas to American investors who seek to visit Israel frequently for business. The arrangement is a part of an experimental program in which Israelis seeking to invest in the US and wish to stay there temporarily in order to develop and manage their business, will be given similar special conditions. The American embassy in Israel conditioned the approval of the plan by requiring the granting of benefits to American investors in Israel.

 

  

According to the plan, Israeli investors who obtain approval from American authorities will be offered a fast track entry into the US and will receive E2 visas that allow stays of up to two years in the United States.

 

The Interior Ministry said that the plan will be implemented within the next few months, after several legislative amendments required to complete it are made.

 

Related stories:

 

American investors' entry visa to Israel will be accompanied by facilitation measures for the investors, their families, and professionals required to join them.

 

Entry passes to the United States are for Israeli businessmen who travel to the US frequently, and they will be required to undergo review in both the US and in Israel.

 

The plan was formulated in an inter-ministerial committee led by the Administration of Population and Immigration, which will manage the unique entry route – the Foreign Ministry and the Finance Ministry also took part in the plan's development. Following the approval of the plan, Sa'ar said that the "US is a major economic partner for Israel. It is the main source of foreign investment in Israel and is at the same time one of the major destinations for investments by Israelis.

 

"Investor visas constitute another stage in the United States-Israel Free Trade Agreement and will promote the economic cooperation of the two countries", Sa'ar added.

 

commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us



 
6 Talkbacks for this article    See all talkbacks
Please wait for the talkbacks to load

 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions

 
פיקוד העורף התרעה במרחב:
    למציאת מרחב ההתגוננות האישי שלכם »
    פיקוד העורף מזכיר: יש לחכות 10 דקות במרחב המוגן לפני שיוצאים החוצה
    רשימת יישובים במרחב