Buying Business in USA visa process

[stech786 236]

Asking for friend

 

My brother in law is in Australia (Pakistani passport, no green card from Aus). He graduated with Masters in Accounting.
 

there is a tax company on sale ($200k). Since I can’t pay that much, he wants to provide 50% and become partner. Is there a business visa for this kind of situation? If so, will he be able to get work permit & green card in USA. He will also work at the same company. He will not be ghost partner. Tax company has good history with IRS coming, all of their returns have been filed. They have 3 staff seasonal who work during the year. The tax company is real with good book keeping records

 

 

 

[JeanneAdil 6,583]

EB 5 is for investors

2 things that pop up are money and # of employees

 

https://www.uscis.gov/working-in-the-united-states/permanent-workers/eb-5-immigrant-investor-program

• The minimum investment in a TEA has increased to $900,000 (from $500,000) to account for inflation.
• Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.

[Coco8 1,042]

He has a masters in Accounting from Australia. He doesn't know anything about taxes in the US so it's not like he can set up shop and start doing people's taxes.

 

Also, a business for sale for 200,000 most likely doesn't have a lot of clients and the clients would leave if someone without experience in the US would want to do their taxes.

[Mike E 11,741]

Seems like an E-2 visa for this situation might work.

[stech786 236]

3 hours ago, JeanneAdil said:

EB 5 is for investors

2 things that pop up are money and # of employees

 

https://www.uscis.gov/working-in-the-united-states/permanent-workers/eb-5-immigrant-investor-program

• The minimum investment in a TEA has increased to $900,000 (from $500,000) to account for inflation.
• Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.

This may not work. Amt if investment & to create 10 jobs 

 

2 hours ago, Coco8 said:

He has a masters in Accounting from Australia. He doesn't know anything about taxes in the US so it's not like he can set up shop and start doing people's taxes.

 

Also, a business for sale for 200,000 most likely doesn't have a lot of clients and the clients would leave if someone without experience in the US would want to do their taxes.

clients are 300+. He will not be signing off tax return. Data entry, book keeping he can do. We will offer training and he will be partner/ceo making decisions 

 

2 hours ago, Mike E said:

Seems like an E-2 visa for this situation might work.

this might work. Any more details on this?

 

[Mike E 11,741]

1 minute ago, stech786 said:

this might work. Any more details on this?

https://www.uscis.gov/working-in-the-united-states/temporary-workers/e-2-treaty-investors

[Boiler 45,761]

Seems very marginal for an E2, remember this is an Investment Visa, may depend on his plans to grow the Business.

[Chancy 6,243]

*** Moved from Tourist Visas forum to Work Visas forum ***