|
A. Executives
or Managers in a foreign business
Even
a small foreign business can establish a branch
or subsidiary in the USA and transfer an executive
or manager to the USA branch.
w
No
minimum investment is required.
w
International
business is not required between the foreign business
and the newly created USA business.
w
The
USA business does not need to be in the same type
of business as the foreign business.
w
The
foreign business can start a new business or buy
a business in the USA
w
The
foreign business can own as little as 51% or as
much as 100% of the USA business. It may even
enter into a joint venture with another USA business.
w
A
USA business can purchase a controlling interest
in a foreign corporation and transfer a manager
or executive from the foreign business to the
USA parent company.
w
The
transferred executive or manager may, but need
not, have shares in either the foreign or USA
corporations.
w
The
executive or manager must have held that position
in the foreign business for at least one year
in the preceding three years immediately before
petitioning to be transferred to the USA
Ideas:
- A foreign business -
starting or buying a business in the USA.
- A manager of a foreign
corporation with a good business idea for the
USA can suggest that he obtain up to 49% in
the new USA business, while the foreign business
hold at least 51%. The manager is then transferred
to the USA.
- A foreign business wishing
to sell its products in the USA could consider
a joint venture with a USA corporation to: manufacture
the product and/or sell or distribute the product
in the USA. It could then transfer an executive
or manager to the USA who would direct or manage
the venture or department.
|
