[Congressional Record Volume 160, Number 32 (Wednesday, February 26, 2014)]
[Senate]
[Page S1176]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Ms. HIRONO (for herself, Mr. Lee, Mr. McCain, Mr. Rubio, Mr.
Schumer, and Mrs. Murray):
S. 2048. A bill to include New Zealand in the list of foreign states
whose nationals are eligible for admission into the United States as E-
1 and E-2 nonimmigrants if United States nationals are treated
similarly by the Government of New Zealand; to the Committee on the
Judiciary.
Ms. HIRONO. Mr. President, today, I introduced bipartisan legislation
that would promote trade and investment in America from a critical
partner of ours in the Asia-Pacific region, New Zealand. I want to
thank Senators Lee, McCain, Rubio, Schumer and Murray for cosponsoring
this bill and for their support for this commonsense proposal.
The Encouraging Trade and Investment from New Zealand Act would
extend eligibility for E-1 and E-2 visas to New Zealand citizens. E-1
visas are available to certain foreign nationals coming to the United
States to engage in substantial trade, including trade in services or
technology principally between the United States and their home
country. E-2 visas are for certain foreign investors coming here to
develop and direct the operations of an enterprise in which they
invested a substantial amount of capital.
These non-immigrant visas are distinct from EB-5 investor immigrant
visas, H1-B work visas and B-1 business visitor visas. Because of the
unique structure of E-1 and E-2 visas, they are scrutinized closely by
the State Department so that they directly support economic activity
and jobs in the United States.
Allowing New Zealanders to apply for these visas would directly
promote job creation. In 2010, New Zealand-owned U.S. firms in the
United States supported 10,900 American jobs. By the end of 2011, the
total value of direct investment from New Zealand to the United States
reached $6 billion. While these positive trends continue, the New
Zealand government and New Zealand businesses have indicated that the
lack of E-1 and E-2 visas is a dominant factor impeding further
investment in our country.
The Encouraging Trade and Investment from New Zealand Act would fix
that. Because of the changes in our treaty practices, the E-1 and E-2
visas can only be extended to New Zealand through legislation.
Historically, we extended trade and investment visas to any country
possessing a treaty of friendship, commerce, and navigation with the
United States or through other agreements.
Today more than 50 countries have access to E-1, trade, visas, and
more than 80 countries have access to E-2, investors, visas. In recent
years, the U.S. government has generally stopped pursuing treaties of
friendship, commerce, and navigation.
Indeed, in 2012, Congress enacted legislation extending E-1 and E-2
visas to Israel. It is now the right time to do the same for New
Zealand.
Attracting trade and investment capital from New Zealand would
bolster the reach of the United States' economy in the fast growing
Asia-Pacific region. President Obama has made engagement with the Asia-
Pacific region a top economic and security priority, the so called
``pivot to Asia,'' and New Zealand is a valued strategic partner.
Extending trade and investment visas would bolster the bilateral
relationship, increase foreign investment, and strengthen America's
ties to the Asia-Pacific region. Every state will gain from greater
trade and investment from New Zealand. In 2012 over 350,000 foreign
traders and investors holding E-1 or E-2 visas came to our country and
managed a business in all 50 states.
Substantial benefits will accrue to Hawaii--the United States'
gateway to Asia and the Pacific. Hawaii has recently seen a substantial
increase in tourism from New Zealand, fostered by increased direct
flights between New Zealand and Hawaii. In fact, Hawaiian Airlines is
the only U.S. airline offering direct service to New Zealand.
New Zealand recently announced that it would be opening a consulate
in Honolulu, Hawaii. This consulate will help further bilateral ties
and benefit from its proximity to the heart Hawaii's financial district
and headquarters of U.S. Pacific Command.
U.S. citizens are already eligible for a similar visa in New Zealand.
I encourage my colleagues to join me in supporting this important
initiative to allow them to do the same here to create jobs in our
country.
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