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Re: E2 Visa Application about to Commence
Following some excellent feedback and suggestions from you guys, I have decided to carry this thread on to provide an ongoing update on the launch and operation of the business.
I'll effectively use it as a journal entry on the steps I'm taking to make the business a success. It should hopefully prove to be a useful tool for others doing the same thing, as they can learn from my successes and failures. I will also discuss some of the other non business related issues of being out here, family, etc. I hope to make it an interesting read. I will keep you continually posted |
Re: E2 Visa Application about to Commence
Originally Posted by Barcholder
(Post 9570747)
Following some excellent feedback and suggestions from you guys, I have decided to carry this thread on to provide an ongoing update on the launch and operation of the business.
I'll effectively use it as a journal entry on the steps I'm taking to make the business a success. It should hopefully prove to be a useful tool for others doing the same thing, as they can learn from my successes and failures. I will also discuss some of the other non business related issues of being out here, family, etc. I hope to make it an interesting read. I will keep you continually posted |
Re: E2 Visa Application about to Commence
I guess a blog would be a good idea. However, I'm not too sure how to go about marketing it. Any ideas?
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Re: E2 Visa Application about to Commence
Originally Posted by Barcholder
(Post 9571329)
I guess a blog would be a good idea. However, I'm not too sure how to go about marketing it. Any ideas?
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Re: E2 Visa Application about to Commence
I didn't mean monetize it, but you have actually helped to answer the question for me. It's a great idea, and I could use it as a live case study for a business launch. You never know, it may develop a huge following.
Thanks again. I'm out in Atlanta at the moment getting things set up. Boy is it hot out here. It's something I'll have to get used to. |
Re: E2 Visa Application about to Commence
Originally Posted by Barcholder
(Post 9575958)
I didn't mean monetize it, but you have actually helped to answer the question for me. It's a great idea, and I could use it as a live case study for a business launch. You never know, it may develop a huge following.
Thanks again. I'm out in Atlanta at the moment getting things set up. Boy is it hot out here. It's something I'll have to get used to. |
Re: E2 Visa Application about to Commence
Originally Posted by Boiler
(Post 9575965)
What is the site?
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Re: E2 Visa Application about to Commence
Did you come across these issues:
a. That your share of the investment has to be over 50%, i.e. your company cannot have loans of more than 50% of the value of the company? b. That when making the above assessment any properties are valued at cost less deprecation, thus not taking account of any appreciation in value during the preceding life of the business. I guess from the nature of your application these would not have applied, but another reader might have come across them? |
Re: E2 Visa Application about to Commence
Originally Posted by Barcholder
(Post 9318962)
My situation is further complicated by the fact that one of my main businesses is an online Sports Betting Hedge Fund
Clearly you're running a legit business and from the sounds of it you could have gone EB-5 if you'd wanted to so I would have been surprised if they'd turned you down for E-2. One caveat I'm sure you're aware of but I've known people on E-2 and the usual problem comes when the kid(s) grow up as they have no legal status. In your case it sounds as though you don't want to stick around and you could get EB-5 anyway but I thought I'd mention it. |
Re: E2 Visa Application about to Commence
Originally Posted by Steve_
(Post 9582226)
Not that it matters now but that's illegal in the US so yeah, I wouldn't have brought it up!
Clearly you're running a legit business and from the sounds of it you could have gone EB-5 if you'd wanted to so I would have been surprised if they'd turned you down for E-2. One caveat I'm sure you're aware of but I've known people on E-2 and the usual problem comes when the kid(s) grow up as they have no legal status. In your case it sounds as though you don't want to stick around and you could get EB-5 anyway but I thought I'd mention it. I have not really given much thought to my daughter potentially timing out at 21, as she is only 6 and it's such a long time away. I can see that this would be far more relevant for people with teenage kids. Now that could be a serious issue. Right now, i'm just focusing on getting through the next 2 years and earning a renewal of the visa through the proven success of the business. I've just returned from Atlanta, where I sorted out an apartment, office, phone, personal bank accounts etc. Very productive. I officially move into my new place on the 12th of September. That's only 2 weeks away. It's all happening so quickly. I'm not looking forward to leaving my wife and daughter for the next 6 months, I can tell you. |
Re: E2 Visa Application about to Commence
Poor thing, I think I'd struggle. You still have the wonders of Skype, and of course they can visit but it's not the same. Will you be together for Xmas at least?
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Re: E2 Visa Application about to Commence
Skype really will be a lifesaver. It's a wonder how people coped in years gone by, before all this technology was available.
I'll be back in December and will stay until the first week in January. I'm already looking forward to it, and I haven't even left yet. Just under 2 weeks to go now. I still can't believe it's come round so quickly. |
Re: E2 Visa Application about to Commence
Originally Posted by Barcholder
(Post 9590277)
It's a wonder how people coped in years gone by, before all this technology was available.
Ian |
Re: E2 Visa Application about to Commence
It was also a lot quicker.
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Re: E2 Visa Application about to Commence
Originally Posted by Boiler
(Post 9591232)
It was also a lot quicker.
Ian |
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