Achieving Legal Residency by Purchasing a U.S. Business

An interesting development in the world of business law is the increased interest by wealthy foreign nationals to buy a business in the United States in order to receive legal residency. For example, due to political and social unrest in Mexico, many wealthy Mexican families see buying a U.S. business as a way to help them get their families to safety.

Of course, there are some obstacles. Typically, the amount of investment required is at least $500,000.00 and some of the categories of visas require investment in certain parts of the country. Also, the visa process can take several months to complete.

Our business transaction attorneys will work with the applicant’s immigration attorney to verify that the proper visa requirements are completed during all phases of the business purchase, from negotiation of the purchase agreement through the actual closing of the deal.