Purchasing an Existing Business for a Visa
Business Immigration Lawyer for Purchasing An Existing Business
If you’re thinking of applying for a business visa, starting a new business in another country may seem like a daunting task. Fortunately, you have the option of purchasing an existing business for a visa in the US. With help from our experienced business immigration lawyers at AmLaw Group, you can make business immigration dreams a reality!
Purchasing an Existing Business for a Visa or Green Card
The purchase of an existing business can be used to acquire an L-1, E-2, or EB-1c visa. Each of these categories have different requirements regarding the business size, number of employees, and earnings.
An EB-1c visa, which grants a green card, is the most popular visa when acquiring an existing business. L-1 and E-2 visas also can qualify, and in fact their requirements are lower than for the EB-1c. To qualify for the EB-1c, the following requirements must be met:
The foreign business must meet certain requirements regarding the number of its employees, internal structure, and earnings.
The purchase price of the U.S. business is not important for immigration purposes.
The U.S. company has been actively conducting operations for more than one year.
The U.S. business must have at least 8 full-time employees (preferably more), 2 of whom are managers with a higher education.
The U.S. company should have at least $60,000 in net profits from the previous year.
Schedule a consultation with our US business imigration attorneys to get more information about purchasing an existing business for a visa.
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