Legal Question in Immigration Law in Texas

Re: Effect on E2 Visa if company sold

If the UK owned company is sold to a non-UK entity, resulting in less than 50% ownership of the company by a non-UK entity, your husband's E-2 status would no longer be valid. In such event, there is no grace period. In order to remain in a period of stay authorized by USCIS, your husband would need to apply for a change of status prior to the sale.

The information contained herein is intended only for educational or informational purposes and is not a substitute for legal advice.

Responding to this inquiry in no way establishes an attorney client relationship; however, I look forward to exploring these issues with you further by way of telephone or in-person consultation.

Anthony F. Siliato, Esq.

MEYNER AND LANDIS LLP

One Gateway Center

Newark, New Jersey 07102

[email protected]

www.meyner.com