View Full Version : starting up a buisness
my wife and i just talked to a immigration consultant about setting up a new buisness rather than buying a buisness ,has anybody heard about this or was he just trying to get our money to process us anyway and end up buying a buisness to get to live in florida also dose owning owning a house and land plus paying tax help.
Nope, owning a house and paying taxes doesn't help or else we'd all probably be there!
You can start up a new business but it's more risky (obviously) than buying a ready made already trading business. You need a really good business plan and some research showing that you will have a market and it can trade successfully in order to apply for an E2 visa.
You can also buy a franchise for a new business which will probably help you with both your business plan and have marketing already in place, plus successful sites elsewhere.
hurricanesarah
15-11-2004, 03:46
Probably the lawyer is referring to the fact that it's better to get an L1 visa in the long run, especially if you have children, as opposed to an E2 perhaps??
You can do it on a plan, but need to show concrete investment too. Was told I could do it on a franchise but would have to show investment by way of wehicles etc, eg $50,000 for the franchise plus two or three vehicles to make the substantial investment. I know a couple of people who did it on plan alone. One started a car hire firm with a USP and it was a very good idea though he isnt doing it any more. The other started a management agemcy in an area where there really wasnt any, If you can get a very good original idea, do a very good plan with reeearch into market, financial projections etc and you could show investment in vehicles and equipment, then you could try. It is MUCH harder than going on an existing businesss and as they are upping the investment needed apparently, will be harder still. Ane remember, you will be arriving without any income... There is also no saying your business will work. If you buy one at least you will have tax returns and know that someone in the past managed to make a living out of it.
Owning property is passive investment and does not help a hoot.
thanks for all your advice,can anyone recomend a good immigration consultant either in england or florida,also what is the rough price of the work they do for getting a e2 visa we just want to compare with the quote we have had many thanks
barry & jill
<blockquote id="quote" class="ffs">quote:Originally posted by papaya
thanks for all your advice,can anyone recomend a good immigration consultant either in england or florida,also what is the rough price of the work they do for getting a e2 visa we just want to compare with the quote we have had many thanks
barry & jill
[/quote]
http://www.investorvisausa.com/index.html
Agree totally with Rays recommendation of Lesley, I paid her around £2700 I think. She is one of the few visa consultants who will tell you like it is.
Getmeoutoftheuk
17-11-2004, 13:11
I used Lesley, it cost just over £3000.00 but she is good.
Ditto Lesley, have several friends who used her.
What are you going to be up to in Lake Worth, getmeoutoftheuk?
Nick Sayer
26-05-2005, 15:50
You have all recommended this lady.
Can i just ask has she just given you advice or are you now living in the USA with visas going through or all done.
The reason i am asking is because i might contact her myself.
I have got an established business here cleaning and maintaining databases and everything i do can be done via email from the US. Could i set up a company over there which is effectively a branch of of my UK company or the company i have registered in the British Virgin islands. Both have long standing and upto date accounts.
Thanks in advance.
Yes you can do that and as long as you keep your UK company trading could go for an L1 visa which leads to green card rather than E2 which does not. However the UK side needs to be quite substantial and have employees which it doesnt sound as if yours does. If you go L1, Lesley as recommended here does not do that visa at all as she is an E2 specialist.
Yes I used her for E2 and am now living in the US and have been for two years. You can go to the embassy with a business plan to do something like you do now if you wish or something different but still have to make a substantial investment, which you could do by putting money into escrow to buy equipment and vehicles. It is harder to get the visa than buying a business and you need a good business plan.
Nick Sayer
27-05-2005, 13:23
My company here in the UK has 15 employees. The one in the British Virgin is only an offshore company which has none so probably wouldn't involve that one.
Sounds good i will have to get in touch.
That is a classic L1, go that route as it leads to green card. Lesley wont do L1, try American Pioneer or the Selby Corporation who do ( no addresses off hand, google search).
Nick Sayer
27-05-2005, 20:51
Thanks Julie i will start the ball rolling.
Thanks for your help.
<blockquote id="quote" class="ffs">quote:Originally posted by esprit
That is a classic L1, go that route as it leads to green card. Lesley wont do L1, try American Pioneer or the Selby Corporation who do ( no addresses off hand, google search).
[/quote]
Or one of the many others.