E2 and llc
If someone is on an E2 and sells his llc is the visa defunct...
Or can the proceeds be put into a new e2 visa situation, without being landlocked?? Thanks |
Re: E2 and llc
Originally Posted by gwensvilla
(Post 12198586)
If someone is on an E2 and sells his llc is the visa defunct...
Or can the proceeds be put into a new e2 visa situation, without being landlocked?? Thanks |
Re: E2 and llc
That was my understanding too. But I've been told that someone had experience of purchasing another business before the first one closed and the visa continued...I am wondering if they kept the llc and sold a dba (doing business as/fictitious named business) and replaced that...
|
Re: E2 and llc
Originally Posted by Nutmegger
(Post 12198612)
I understood that an E-2 is given to the business, not the individual. .....
|
Re: E2 and llc
Originally Posted by Pulaski
(Post 12198719)
You can't give a visa to a business - my understanding is that the visa is given to an individual for a specific business, so the effect is the same, if the business is sold, or folds, the visa is void.
Badly phrased on my part -- it is indeed given to the individual to be applied to a specific business, can't be used for just any endeavor. |
Re: E2 and llc
Originally Posted by gwensvilla
(Post 12198673)
That was my understanding too. But I've been told that someone had experience of purchasing another business before the first one closed and the visa continued...I am wondering if they kept the llc and sold a dba (doing business as/fictitious named business) and replaced that...
Certainly an LLC can sell the assets of a business without the LLC legal entity being sold. So you obtain an E-2 to buy a hotel held in an LLC. The LLC sells the hotel, and buys a florists shop. .... I suspect that the E-2 would be voided when the hotel was sold. This is all arcane stuff, and I would strongly recommend obtaining the counsel of an experienced immigrant attorney. |
All times are GMT. The time now is 4:33 pm. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.