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Note that in order to
qualify the individual or business must have the same nationality of the Treaty
country.
NOTE-if the individual is
a permanent resident (‘green card holder’) of the United States she or she
no longer qualifies as a Treaty national. The US business must be at least 50%
owned by individuals of the treaty nationality.
(1) Three
British citizens open up a restaurant in the United States. Each of them owns an
equal one-third share of the restaurant, however two of them already have
‘green cards’. The third UK national would not be able to obtain E2 status
as the company is not majority British owned and the UK citizens with green
cards are disqualified.
(2) Three
German nationals open up a restaurant with two British citizen green card
holders, each has an equal 1/5 share in the business. In this case as the
business is more than 50% German owned the business is eligible for E2 status.