An investor visa, often known as the EB-5 visa, allows foreign investors who invest at least $900,000 in a company that produces at least 10 full-time employment in the US to become citizens permanently. Additionally, the investment needs to be made in a region with a high unemployment rate or one that is rural.
Prior to submitting an application for an investor visa, the applicant must identify an acceptable investment project and make the necessary financial commitment. The applicant may submit an I-526 petition to US Citizenship and Immigration Services (USCIS) after making the investment. If the petition is granted, the petitioner can next submit an application for a two-year conditional green card. If the investment has been maintained and the job creation criteria has been satisfied, the candidate may submit an application for a permanent green card after two years.
There are other fees related to the investor visa application in addition to the investment amount. The I-526 petition filing price is $3,675, while the I-485 application for status adjustment filing fee is $1,140. Legal fees and other costs related to the investment project and visa application procedure may also be involved.
There are various alternatives available for registering a business. It is possible to register a business with the state administration at the location where it will be run. There are additional services provided by third parties that can help with registration.
Two popular business structure types in the US are LLC and Inc. Limited Liability Companies, or LLCs, are adaptable business structures that provide owners with personal liability protection and partnership tax advantages. On the other hand, an Inc. or Corporation affords its owners limited liability protection and is a separate legal entity from them. The manner they are taxed is the primary distinction between the two.
LLCs are not accepted as legitimate corporate structures in Argentina. Instead, Sociedad de Responsabilidad Limitada (SRL), which is comparable to an LLC, is the most typical corporate structure. An SRL is liable to income tax in Argentina and is taxed depending on the company’s profits.
Due to its tax laws and business-friendly regulations, Delaware is a popular state for corporations. Delaware imposes a $300 annual franchise tax on LLCs as well as a gross receipts tax on companies with annual revenues of more than $750,00. However, Delaware does not impose a state income tax on LLCs.
In conclusion, there are additional costs connected with applying for a visa, and a $900,000 minimum investment is needed for an investor visa in the US. The state government or third-party services can be used to register a firm, and the LLC and Inc are two popular business structures in the US with distinct tax effects. The most popular type of business structure in Argentina is an SRL; LLCs are not recognized. There is no state income tax in Delaware, but LLCs are subject to an annual franchise tax and a gross receipts tax for high-revenue enterprises.
In Puerto Rico, LLCs pay taxes through an income tax that is based on the company’s net income. They might also be subject to other taxes, such as those on sales and use and real estate. To fully understand the tax obligations of an LLC in Puerto Rico, it is vital to speak with a CPA or tax attorney.