I am not a US citizen but I'm part-owner of a US-incorporated company. Can I migrate and live in the US for good?

Asked over 2 years ago - New York, NY

I live outside US and started a business with an American. I own part of a small company which has been incorporated in the US and 4 years in existence now, and I have a stock certificate to prove my ownership. Can I migrate and live in the US for good with this credential?

Attorney answers (4)

  1. Pamela Koslyn

    Contributor Level 20

    7

    Lawyers agree

    Answered . No, stock ownership in a US company doesn't entitle you to legally become a US citizen. You need to see an immigration lawyer.

    Avvo doesn't pay us for these responses, and I'm not your lawyer just because I answer this question or respond to... more
  2. F. J. Capriotti III

    Contributor Level 20

    7

    Lawyers agree

    Answered . I agree with the two business lawyers, owning stock, a company, property, etc. doesn't automatically allow someone to 'migrate' to the US ... especially if the company is small.

    Now, if you have $500,000, or better yet $1million to invest in a US company ... it can be done.

    FORMER IMMIGRATION LAW PROFESSOR -- LEGAL DISCLAIMER: This answer is offered for informational purposes only. It... more
  3. Nicklaus James Misiti

    Contributor Level 19

    5

    Lawyers agree

    Answered . The answer is possibly. Speak to an immigration attorney. My firm handles investment based immigration in NY.
    Regards,
    Nick Misiti
    Misiti Global
    212 537 4407

    Legal disclaimer: The statement above is general in nature, as not all the facts are known. You should retain an... more
  4. Hillary Johns

    Contributor Level 19

    5

    Lawyers agree

    Answered . I concur with Ms. Koslyn. I'm Eastern European and I don't obtain dual citizenship (if hypothetically) I conducted business there. Consult with an immigration lawyer regarding your intentions.

    You probably already knew this: the fact that you conduct business in the U.S. and it sounds like you derive an income from it could raise certain taxation and business issues. My suggestion would be to consult with a lawyer licensed in New York about conducting business on a regular basis in the US (and have your agreements in place as to your business).

    Best of luck to you.

Related Topics

Business

Business law covers topics such as business structures, common documents, business taxes and finances, insurance, real estate, and government regulations.

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

24,782 answers this week

3,057 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

24,782 answers this week

3,057 attorneys answering