Simplification of the visa granting process and extension of the duration ?
President Macron’s visit brought to the table the issue of investor visas, E2 visas in particular. Currently, French citizens can obtain an E2 investor visa for the US for a maximum period of 25 months as opposed to 60 months previously. As a reminder, all other countries in the Schengen area benefit from a validity period of 5 years.
“With a view to further enhancing their bilateral trade and investment relationship, they intend to hold discussions on reciprocal facilitation of visa issuance and renewal, and authorizations of stay.” – Joint statement from President Biden and President Macron
Following the recent joint statement made by President Macron and President Biden on the facilitation of visa issuance and renewal, investing in the USA seams to be far more appealing!
The reasons that make the United States an attractive country are numerous:
The United States is the largest unified market
It has a large and wealthy consumer market
The rule of law system in the United States sets the rules of the game for doing business and creates a stable environment
The United States is the country of entrepreneurship par excellence
The US economy “continues to be resilient” to use the words of Joe Biden
The U.S. could attract even more foreign investment in 2023, in particular thanks to the IRA, Joe Biden’s anti-inflation plan
President Joe Biden and his French counterpart, Emmanuel Macron
Photos Susan Walsh | AP Photo