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COALDALE · E-2 FIELD GUIDE

When should Coaldale buyers release the purchase money in an E-2 deal?

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THE DIRECT ANSWER

Funds must be irrevocably committed and at risk, but a purchase conditioned on E-2 visa issuance may still qualify when the assets are held in escrow for release once that condition is met. Funds that remain freely withdrawable or uncommitted do not qualify, so the escrow and release terms should be negotiated deliberately.

Structure the release, do not improvise it

Hypothetical example: the buyers want the safety of holding the money until an application is decided, and the seller wants certainty by a closing date. Those positions conflict, and the compromise usually involves escrow with conditions. Money held in an ordinary account, returnable on demand, is not at risk.

Money released to the seller on closing plainly is. A purchase conditioned on E-2 visa issuance may still be a solid commitment when the purchase funds are held in escrow for release once that condition is met. The agreement should make the commitment real and irrevocable apart from that stated visa condition, and it should be drafted with the requirement in mind rather than adjusted afterwards.

Build the timetable backwards from the closing date, allowing for licence transfer, landlord consent to assignment of the lease and any customer approvals. Do not resign from Coaldale employment or move the household until the status permitting the work exists.