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H1/B to E-2

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  • H1/B to E-2

    Hello everyone,

    my company that I work for under H1/B is ending their business in about 2 months. My current visa is expiring in Mar 31st so renewal is out of question. I was recommended by my attorney to open business in US and stay under E-2 visa.
    My questions are:

    1) is investment of $100000 really necessary?
    2) I have machinery available to put into the business worth about $80000 but is this enough do I have to have any operating cash of substential amount?
    3) Do I have to have 100% ownership? If not what is recommended minimum?
    4) I do not have any employees yet, is it enough to show intent of employment?
    5) Do I setup business before E2 or after?
    6) Can I apply in US or do I have to travel back to my country?
    7) Is $6000 in legal fees common attorney compensation
    8) Haw hard is it to do the application myself since I'm in time press?

    Thank you for your answers.

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