How Much of the Overall Investment Needs to be Committed
Not all of the investment need be committed. The rules provide that: -
“…a reasonable amount of cash, held in a business bank account or similar fund to be used for routine business operations may be counted as investment funds.”
In reality as a good rule of thumb you should have committed (paid monies into an escrow account) 75-85% of the total investment to buy and set up the business in most cases. If the purchase price is marginally up to $100,000 then the full amount must be committed. I will certainly offer specific guidance on a case-by-case basis.
E2 Visa - Buying A Business
- E2 Visa - Buying A Business
- Preface
- The E2 Visa - Introduction
- Investing
- Invested, Investing and Intent to Invest
- How Much of the Overall Investment Needs to be Committed
- What Cannot Be Counted In The Investment Monies
- Investing In Commercial Enterprise
- Can The Investor Use Cash and Borrowings
- How Much is a Substantial Investment
- Does My Business Have to Create Jobs
- Time Frame
- The Spouse or Child of the Principal E2 Investor
- E2 Visas Offer Indefinite Stays But Are Temporary Visas
- Summary