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Femke

Femke(35)

Utrecht β†’ Austin, Texas

Entrepreneurβ€’Moved in 2024

In Utrecht I ran a small sustainable clothing webshop for three years. Growth had stalled -- the Dutch market is small and competition is fierce. When I read about the E-2 Treaty Investor visa between the Netherlands and the US, I saw my opportunity. The E-2 visa is available to citizens of countries with a commerce treaty with the US, and the Netherlands qualifies. You need to make a "substantial investment" in an American business. In my case I invested $120,000 in an LLC in Texas.

I deliberately chose Austin. Texas has no state income tax, which makes a huge difference for a startup. The city buzzes with entrepreneurship -- South by Southwest, the University of Texas, and a growing tech scene attract young talent. The rent for my retail space on South Congress Avenue is $3,500 per month, comparable to a prime location in Utrecht but with much more foot traffic.

Setting up an LLC (Limited Liability Company) in Texas was surprisingly straightforward. Registering online with the Texas Secretary of State cost $300 and was done within a week. But then the real work begins: applying for an EIN (Employer Identification Number) from the IRS, opening a business bank account (which is particularly difficult as a foreigner), and arranging a sales tax permit. Texas has no income tax but does have a franchise tax for businesses above $1.19 million in revenue.

American business culture was the biggest adjustment. In the Netherlands I'm direct and expect agreements to be honored. In Texas everything is "awesome" and "we should totally do that" -- but that doesn't mean it actually happens. I had to learn to network the American way: small talk, follow-ups and building relationships before discussing business. The positive side is that Americans are open to new ideas and more willing to take risks.

My E-2 visa is valid for five years and can be renewed indefinitely as long as my business is operational. But it is not a path to a green card -- that's the major drawback. If I ever want to stay permanently, I need to find another route, such as an EB-5 investor visa ($800,000+ investment) or employer sponsorship. For now the E-2 is perfect: it gives me the freedom to run my business and live in the US.

After two years my business is breaking even and online sales are growing 40% per quarter. The combination of no state income tax, lower personnel costs and a massive market makes Texas ideal for entrepreneurs. My advice: invest in a good immigration attorney ($5,000-$8,000 for the E-2 process), take time to learn the market and be prepared for a different way of doing business. America rewards boldness -- but you have to earn it.

Highlights

  • E-2 investor visa with $120,000 investment in an LLC
  • Texas: no state income tax, ideal for startups
  • Setting up LLC costs $300 and one week at Secretary of State
  • E-2 is not a path to green card -- EB-5 ($800K+) is

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Femke β€” Utrecht β†’ Austin, Texas | DirectEmigreren