H.R. 5335: Promoting Economic Resilience and Unity Act of 2025

The Promoting Economic Resilience and Unity Act of 2025, also known as the PERU Act of 2025, proposes to grant nationals of Peru eligibility for E-1 and E-2 nonimmigrant visas to the United States. These visas are specifically designed for foreign nationals who invest in or engage in substantial trade with the U.S. In simpler terms, if Peru offers similar rights to U.S. nationals, then Peruvians would be allowed to apply for these visas that enable them to live and work in the United States based on their investment or trade activities. The bill emphasizes the importance of reciprocity—meaning that this opportunity for Peruvian nationals hinges on whether they treat U.S. citizens comparably in terms of nonimmigrant status. If the government of Peru extends similar visa options to U.S. nationals, then the agreement can take effect, promoting mutual economic interests between the two nations.The E-1 visa is for individuals who are involved in substantial trade between the U.S. and their home country, while the E-2 visa is for individuals making a significant investment in a U.S. business. By potentially increasing the number of nationals from Peru eligible for these visas, the bill aims to enhance economic relationships and strengthen ties between the United States and Peru through increased trade and investment.Furthermore, the bill has been referred to the Committee on the Judiciary for further discussion and consideration, indicating that it is still in the early stages of the legislative process.

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