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WATERLOO · DECISION WORKSHEET

Waterloo E-2 guide: read equal ownership alongside actual decision rights

USAvisa field guide · 2 minute readReviewed 7 September 2026

Read the general investor planning overview

THE SHORT ANSWER

A shared purchase may allocate shares and authority differently. Explain treaty nationality, ownership and development-and-direction rights without treating one percentage as a complete eligibility answer.

01

Identify the actual authority arrangement

Hypothetical example: two proposed owners hold equal shares and negotiate decision provisions. Read the genuine terms and explain how the principal would develop and direct the enterprise. Do not describe exclusive authority where the agreement provides otherwise. Equal management rights and responsibilities in a two-party venture can support development and direction; exclusive authority is not a universal requirement.

02

Separate nationality from direction

The investor needs qualifying treaty nationality and the enterprise generally at least 50% relevant treaty-national ownership. Canadian incorporation or residence does not establish that nationality account. The principal’s actual authority still requires evidence.

03

Preserve the complete investment case

Substantial lawful capital must be committed at risk to a real nonmarginal enterprise; no universal fixed E-2 minimum applies. Review financing security and actual transaction conditions, including any visa-contingent escrow. An ownership agreement does not itself prove capital commitment or business capacity.

SOURCE NOTES

Editorial source review: 2026-09-07. General preparation guidance, not an individual assessment.

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