Blondie

Hi,

I have posted this on the general USA forum site also. My husband and I are hoping to buy a biz to obtain an E-Visa. We own property in NC and go there whenever we can for holidays. We have tried unsucessfully for a few years to emigrate to the US, and have now decided to go down the E-Visa route. We have a lawyer here in the UK to help us with the visa processing, but I really need to know how to start off. We have an idea of what company to purchase, we have a little capitol, but does anyone know how else to finance this, ie business loan etc,
Any help would be greatly appreciated.

Thanks in advance....

Ray

Read this site .... http://www.investorvisausa.com/index.html
If you have to get loans to buy the business you are under capitalized
and will start with a serious disadvantage ..

Jonathan McNeil Wong

Ray wrote:
    >>Hi,
    >>I have posted this on the general USA forum site also. My husband and
    >>I are hoping to buy a biz to obtain an E-Visa. We own property in NC
    >>and go there whenever we can for holidays. We have tried
    >>unsucessfully for a few years to emigrate to the US, and have now
    >>decided to go down the E-Visa route. We have a lawyer here in the UK
    >>to help us with the visa processing, but I really need to know how to
    >>start off. We have an idea of what company to purchase, we have a
    >>little capitol, but does anyone know how else to finance this, ie
    >>business loan etc,
    >>Any help would be greatly appreciated.
    >>Thanks in advance....
    >
    >
    > Read this site .... http://www.investorvisausa.com/index.html
    > If you have to get loans to buy the business you are under capitalized
    > and will start with a serious disadvantage ..
    >

I dissent. Debt financing is a perfectly legitimate way to start a
business. Further, debt financing works for E-2 so long as the debt is
not secured by the assets of the business.

The OP should, however, consult a business attorney in NC to verify
compliance with NC corporate law assuming the business purchased will be
a separate legal entity. Some states have additional restrictions on
the form of investment.

--
Above intended as general commentary, not specific legal
advice. Your mileage may vary.

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Jonathan McNeil Wong Voice: 510-451-0544
Donahue Gallagher Woods LLP Facsimile: 510-832-1486
P.O. Box 12979 URL: http://www.donahue.com
Oakland, CA 94604-2979 E-mail: [email protected]
================================================== =============

Blondie

Thanks for the positive feedback. Good idea to consult with a business attorney in NC. We have a bank account over there also, so we will contact them to see if they would be prepared to offer us a loan, wasn't sure if there were any special companies, that specifically dealt with overseas business loans.