Interim Decision #2495 

MATTER OF CHUNG 

In Section 248 Proceedings 

• A-21265035 

Decided by Regional Commissioner June 4, 1976 

(1) Under section 101(2)(15)(E)(ii) of the Immigration and Nationality Act, in order to 

qualify for classification as a treaty investor, and alien must establish that he has 

invested or is actively in the process of investing a substantial amount of capital in an 

enterprise in the United States. 

(2) An application filed under section 248 of the Act for change of nonimmigrant classification from visitor to treaty investor as defined by section 101(a)(15)(E)(ii) of the Act was 

denied where applicant's only showing was that he intended to invest $10,400 on deposit 

in a savings account, in a shoe manufacturing business, because mere intent to invest 

does not moat the requirement of the Act. 

ON BEHALF OF APPLICANT: Pro se 

This case is before the Regional Commissioner on appeal from the 

decision of the district director who denied the application basically 

because the applicant has not established that he made an investment or 

is in the process of making an investment to qualify for treaty investor 

status. The district director also points out that the applicant had a 

preconceived plan to obtain treaty investor status at the time of his 

entry into the United States as a nonimmigrant visitor for business. 

In the applicant's statement submitted on appeal, he claimed that he 

did not know he could invest prior to the Service's approval of his 

change of status to treaty investor, nor was it necessary for him to 

invest for one year after obtaining that status. He considered his fifteen 

years of experience in the export-import business as sufficient qualification for treaty investor status. 

The record in this case reflects the applicant is a 44-year-old native 

and citizen of Korea. He last entered the United States on May 22, 1975 

as a nonimmigrant visitor for business representing the II Jin Industrial 

Company, Ltd., Seoul, Korea. He obtained extensions of his temporary 

stay until September 20, 1975. The applicant, in an interview with an 

officer of the Service on September 16, 1975, admitted that his entry as 

a nonimmigrant visitor for business was to enable him to transfer funds 

to the United States for the purpose of becoming a treaty investor. 

That portion of the pertinent statutory provisions relating to the 

status the applicant is seeking is contained in section 101(a)(15) of the 

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Interim Decision #2495 

Immigration and Nationality Act, which includes among the classes of 

nonimmigrants the following: 

(E) An alien entitled to enter the United States under and in pursuance of the provisions 

of a treaty of commerce and navigation between the United States and the foreign state 

of which he is a national, and the spouse and children of any such alien if accompanying 

or following to join him; . . . (ii) solely to develop and direct the operations of an 

enterprise in which he has invested, or of an interprise in which he is actively in the 

process of investing, a substantial amount of capital. 

Also that portion pertinent to this case in the text of 22 CFR 41.41(a), 

which states: 

41.41 Treaty Investors 

(a) An alien shall be classifiable as a nonimmigrant treaty investor if he establishes to 

the satisfaction of the consular officer that he qualifies under the provisions of section 

101(a)(15)(E)(ii) of the Act, and that . . . (2) He is an alien who has invested capital in a 

bona fide enterprise and is not seeking to proceed to the United States in connection 

with the investment of a small amount of capital in a marginal enterprise solely for the 

purpose of earning a living. 

The other portions of the above text have been omitted for the sake of 

brevity, since they are not an issue in this matter. We will concern 

ourselves with the basic area of dispute, that the applicant failed to 

establish that he meets the requirement of the statute as quoted above. 

In the Matter of Ileitland, 14 I. & N. Dec. 503 (1974), it was determined that funds deposited in an idle bank account cannot be considered 

part of an investment. The record is clear that the applicant has only 

offered evidence that he has $10,400 in a savings account, but has 

submitted no record to indicate he has invested or is actively in the 

process of investing in a business. To the contrary, he admits that his 

money is idle in a savings account. 

The applicant was given an opportunity to present evidence in support of his application. He was instructed to submit such documents as 

lease contracts, how the money would be invested and other sources of 

income concerning his investment in the Ii Jin Industrial Company, 

Ltd. The applicant claims his investment would consist of a shoe manufacturing factor, but submitted no evidence to support his claim. It is 

obvious that $10,400 would be less than substantial for such an enterprise. 

After careful review of the entire record, including the statement submitted on appeal, it is concluded that the district director's decision to 

deny the application is correct. The appeal shall be dismissed. 

ORDER: ft is ordered that the appeal be dismissed 

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