Israel, US launch reciprocal investor visa programs

The United States and Israel have launched a reciprocal policy allowing major investors to reside in each country.

Israel’s Interior Ministry announces that it will grant investor visas — which permit US citizens, including vital workers and their families — to reside and work in Israel on a temporary basis for the purpose of managing and developing a business venture.

The visas are in response to an announcement earlier this month by the US embassy in Israel that it will grant US E-2 Investor visas for Israeli nationals, allowing Israelis to invest in the US economy and send qualified employees to the United States to develop the enterprise.

Both countries’ Investor Visas will be implemented beginning May 1.

— JTA