TommyDrahan

I'm the majority shareholder in my own company with 3 other partners, company is in the UK and trading for 2 financial years now. We are also financially doing OK

The US is a big market for us although mostly for personal reasons I want to move to the US (hopefully LA).

Can we start a new company in US and can I get L1 visa for it? If so what are the best practices? Any recommendations of an attorney?

P.S. I'm not on P60 any more as I recently moved out from the UK and am currently in Caribbean and living off of my dividends.

scrubbedexpat099

Are you intending working in the US?

Maybe an EB5 would be the way to go.

TommyDrahan

In my own company yes but also I can stay living off of my dividends, whichever is better. But I'm not planning to work for another company.

EB5 requires "$500,000" which we don't have

ian-mstm

Yes.


More than likely, yes. The UK business must continue to operate however.

Ian

TommyDrahan

Do I need to be getting salary from my company for at least 1 year? (or is it enough to be a director) ?

ian-mstm

For any L visa, you need to have been employed by the company for a year before being eligible to file. For an L-1A, you need to have been in a management position. How you were compensated during that time is largely irrelevant.

Ian

Flabound oneday

PM sent

meauxna

Please remember (everyone) that we strongly encourage you to not solicit or give immigration information in private message.
thanks.

TommyDrahan

Thanks a lot, sounds great.

Now all I need to figure out is how we can actually start a new company in US and how much will it cost to us. Any information on this subject or a link is much appreciated and thanks a lot for the answers.

Bob

Google the state you intend to set up in...each state is different and has different regulations on setting up a business.