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ARTICLE · 26 JUNE 2018

Major Developments for the Israeli E-2 Visa

Green and Spiegel LLP
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After years of fits and starts, Israeli media is now widely reporting that the Knesset Internal Affairs Committee has approved its long-anticipated reciprocal immigration regulations, which was ostensibly the final legal roadblock in allowing American and Israeli Investors opportunity to apply for each other's investment visas.

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Green And Spiegel LLP
Green And Spiegel LLP
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After years of fits and starts, Israeli media is now widely reporting that the Knesset Internal Affairs Committee has approved its long-anticipated reciprocal immigration regulations, which was ostensibly the final legal roadblock in allowing American and Israeli Investors opportunity to apply for each other's investment visas. The news was published in major national media including Globes and The Marker.

As we explained previously, the Israeli E-2 visa rises from June 2012 legislation signed by then-President Obama which implemented a bilateral investment treaty with Israel. The terms of the implementation required the Israeli government to provide reciprocal immigration status for American investors seeking immigration status in Israel. The Knesset did not approve the reciprocal agreement until August 2014, paving the way for Americans to acquire the Israeli B-5 visa. Despite optimism that the visas would be available to both countries' investors in early 2017,

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