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An E-2 visa is used when a Korean investor directly invests in the U.S. by purchasing or establishing and operating a business.
I’d like to know what happens if, due to COVID’s impact, this business closes, is sold, or becomes poorly managed. Could the visa be canceled immediately?
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If the business closes, is sold, or is poorly managed, renewing the E-2 visa could become difficult. The visa isn’t immediately canceled, but you’d need to look closely into the details to determine whether your status has been lost.