Buy a Business in the USA—Get a Visa

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The E2 Visa

The E2 Visa is the most popular and easiest to obtain. There’s a required minimum investment of no less than $100,000 US dollars for British nationals (varies by country of origin). Canadian nationals also have a requirement of investing at least $100,000 US dollars. For other countries, the investment requirement can reach $500,000 US dollars.

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The EB5 Visa

The EB5, or investor green card program, has a $500K to $1MM required investment. A minimum of 10 US residents must be hired within two years, and survive 5+ years. Following the probation period, this EB5 Visa leads to permanent residence.

If standard procedures are complied with, and you have a good grip on issues involved, E2 and L1 Visas are easily attainable. Dean Wiltse, a tenured Utah Business Broker and professional intermediary can assist you, in order, through all the steps involved. Additionally, he may help you in determining where to reside and what type of businesses thrive in a given location. 

Finding businesses that qualify for L1 Visas can be tricky. It’s mandatory for qualifying businesses to have good tax returns and employ “properly documented” individuals. Businesses that meet this criteria are in high demand by United States residents. Therefore, coaching is necessary to achieve negotiations with local sellers.

Summary of US Business Visas

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B1 Visa

Short term business visa
Cannot sign contracts or engage in work made for hire.

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Length

Temporary
Up to six months

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Limitations

Negotiable, but cannot sign contracts

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B2 Visa

Short-term tourist visa

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Length

Temporary
Up to 6 months

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Limitations

Negotiable, but cannot sign contracts

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E-1 Visa

Treaty Trader Visa
Ideal for starting up a business that will trade with the home country of the visa owner
Must be with a country with an appropriate treaty with the United States

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Length

Temporary
Renewable until the business is no longer in operation

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Limitations

Is only valid as long as there is a business
Individuals under 21 cannot work and lose their status once they reach 21

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E-2 Visa

Treaty Investor Visa
Allows treaty country citizens to re-locate to the US for a business start-up

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Length

Temporary
Renewable until the business is no longer in operation

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Limitations

Is only valid as long as there is a business
Individuals under 21 cannot work and lose their status once they reach 21

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EB5 Visa

Investor Green Card program
Investment of $500k to $1MM is a requirement
A minimum of ten US residents must be hired within two years, and survive five plus years

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Length

Leads to permanent residence following probation period

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Limitations

Negotiable, but cannot sign contracts

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L-1 Visa

Intercompany transfer Visa
Allows holder to transfer from a foreign company to a US company subject to restrictions

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Length

A year, with up to 3 extensions

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Limitations

Employee must have worked for a foreign, related company for more than a year in the last three years

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H-1B Visa

Specialized labor Visa

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Length

Three years
Extendable

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Limitations

Annual quota restricts the number of visas available
Cannot be used for self-employment.

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O-1 Visa

Extraordinary Ability Visa

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Length

Up to three years
Extendable

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Limitations

Must be able to document extraordinary ability

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L-1 Visa

NAFTA temporary work Visa

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Length

Up to three years
Extendable

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Limitations

Cannot be used for self-employment

Contact Sunbelt Business Brokers of Utah

We love to help our clients buy and sell businesses. Use the form below to ask your question, enlist our help with your next business venture, or with the sale of your current business.

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