US Congress approves investor visas for Israelis

Israel joins over 75 countries eligible for temporary visas given to foreign nationals who invest in US-based businesses

According to Rep. Berman, direct investment from Israel between 2000 and 2010 totaled $58.5 billion. (Photo credit: Abed Rahim Khatib/Flash 90)
According to Rep. Berman, direct investment from Israel between 2000 and 2010 totaled $58.5 billion. (Photo credit: Abed Rahim Khatib/Flash 90)

WASHINGTON (AP) — Congress has passed legislation adding Israel to the list of more than 75 countries eligible for temporary visas given to foreign nationals who invest in US-based businesses.

The Senate approved the measure Thursday, sending it to US President Barack Obama for his signature.

E-2 investor visas are given to foreign nationals who come to the United States to develop businesses in which they have invested.

Rep. Howard Berman, sponsor of the bill that passed the House last March, said Israel is a global leader in such areas as defense technologies, medicine, agriculture and clean energy, and its investments would create US jobs.

Berman said direct investment from Israel between 2000 and 2010 totaled $58.5 billion.

Copyright 2012 The Associated Press.

Most Popular
read more:
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.