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Why Vietnamese Citizens Cannot Directly Obtain US E-2 Visas — and How Hundreds of Families Found the Way

Illustration for the article Why Vietnamese Citizens Cannot Directly Obtain US E-2 Visas — and How Hundreds of Families Found the Way

Vietnam is not on the list of E-2 treaty countries with the United States. But Grenadian or Turkish citizenship opens that door, at significantly lower cost than EB-5.

The Core Issue

The E-2 Treaty Investor visa allows investors to live, conduct business, and bring spouses and children to the United States—spouses can work freely, children attend public schools tuition-free, and the visa can be renewed indefinitely.

However, E-2 is available only to citizens of countries with a commercial treaty with the United States. Vietnam is not on this list. Therefore, holding a Vietnamese passport makes this visa simply unavailable to you.

The two citizenship-by-investment programs we advise on both fall within E-2 treaty countries:

StepGrenadaTurkey
Citizenshipfrom 235,000 USD (contribution)400,000 USD (real estate; you retain the asset)
Processing Time4–6 months3–6 months
Next StepEstablish US business, file E-2Same

Business capital for a solid E-2 application typically ranges from 100,000–200,000 USD depending on your business model. Combined, the total cost of this two-step pathway remains lower than EB-5 (800,000 USD) and avoids visa backlog delays based on country of citizenship.

What You Need to Understand

E-2 is not a green card. It is the right to live and conduct business in the United States indefinitely through renewals, as long as your business operates genuinely. Many families use E-2 as a bridge: arrive in the US, operate the business for several years, then explore other permanent residency pathways.

Children over 21 must transition to their own visa category—this is an important factor if your children are already 17–18 years old.


This article is for reference only. E-2 applications require a US immigration attorney to structure; VGG coordinates with licensed immigration counsel throughout the entire process.

Questions & answers

Can Vietnamese citizens obtain a US E-2 visa?

Not directly, because Vietnam does not have an E-2 trade treaty with the United States. To apply for E-2, you need citizenship of a country on the treaty list, most commonly Grenada or Turkey through an investment program.

Is an E-2 visa a U.S. green card?

No. E-2 is a non-immigrant visa allowing you to live and do business in the U.S., renewable indefinitely as long as your business operates. Many families use E-2 as a stepping stone, then transition to another permanent residency category once settled in the U.S.

How much does it cost to apply for an E-2 visa through Grenada?

Grenada citizenship from 235.000 USD, plus U.S. business capital typically 100.000–200.000 USD depending on structure. Total around 335.000–435.000 USD, lower than EB-5 (800.000 USD) with no visa wait times.

Can spouses both work in the U.S. on an E-2 visa?

Yes. A spouse of an E-2 visa holder receives derivative E-2 visa status, allowing unrestricted work in the U.S. without separate labor certification. Children under 21 attend public school tuition-free.

How long does obtaining Turkish citizenship for an E-2 visa take?

Turkish citizenship via 400.000 USD real estate investment takes 3–6 months. After receiving your passport, establish a U.S. business and file your E-2 application, typically 2–4 additional months depending on the consulate.

Need advice on your specific case?

A Viking Global Group adviser will review your case free of charge.

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