Skip to content
OSLER · E-2 FIELD GUIDE

Can I begin operating once the account reaches my target balance?

Sources checked:

THE DIRECT ANSWER

A balance does not grant work permission or establish the complete E-2 case. Review actual authorization and the applicable process.

Use more than a funding milestone

The business budget and immigration decision are separate.

Order the milestones: incorporation and share issuance, funding of the U.S. account, signing and closing of the asset purchase, delivery or transfer of the assets, and completion of the valuation file. Useful milestones: guarantee terms settled, funds traced and transferred, premises secured on terms you can live with, business plan complete, packet reviewed, appointment attended. Aim to complete the purchase between seasons while keeping the business trading, and file only after the ownership structure is fixed and the funds are committed under an agreement contingent on the outcome. Keep a proposed opening date separate from an expected government decision, and have any change in ownership, funding or operations reassessed rather than making the transaction irreversible to follow a generic timeline. Build a dated review file around the contract deadlines, escrow release, money trail, business opening sequence, visa application materials, and travel plan. The safest sequence is source review, transaction design, expenditure or commitment, business-plan support, application preparation, and only then travel or launch decisions.