Buying a Company in the US without a Work Permit: Exploring the Possibilities
Many individuals are interested in purchasing a company in the United States, but they often wonder whether it is possible to do so without having a work permit. In this blog post, we will provide a brief overview of the topic, exploring the potential avenues for acquiring a company in the US without a work permit.
Legal Considerations:
Generally, owning a company in the US does not require a work permit or employment authorization. As a non-US citizen, you can establish, invest in, or acquire a business in the country. However, actively working in the business and performing day-to-day operational duties may require proper work authorization, such as an employment-based visa or a temporary work permit.
Exploring Options:
While direct involvement in the day-to-day operations of a US company typically requires work authorization, there are alternative options to consider. For instance, you can explore hiring qualified US citizens or individuals with work authorization to manage the business on your behalf. Another option is to invest in a passive business venture, where you act as an investor or shareholder without actively participating in the company's operations.
Given the intricacies of combining business ownership and immigration law, it is crucial to seek guidance from an immigration attorney through Lawmaks. They can provide personalized advice, assess your eligibility for specific visa categories, and help navigate the legal requirements associated with buying a company in the US.