As a small business owner in the United States, you have likely never thought about the Visa process and how that process brings new entrepreneurs into the country who are looking to have their own version of the American dream. If you are a small business owner who is looking to sell, however, the Visa process can mean good things for your business.
Those looking to come to the United States have several avenues to choose from, but the one that impacts the small business community is the E2 Visa. This Visa allows those with enough capital to come to the United States if they purchase and run a small business. You, as the seller of a U.S. based small business can benefit by getting your business E2 Visa approved. This process comes with its fair share of red tape, but by using a business brokerage like ours with a great deal of experience and all the right contacts, the process can be quite successful.
Not all business qualify for the E2 Visa, but yours might. If it does, it will open your business to a pool of international buyers who typically close transactions with all-cash or very little financing. There are very few businesses who look into E2 approval, so it could give your business great appeal if you do.
How does your business get E2 approval? There are a number of factors like how many employees you have and how they get paid, how old your business is, and what your financials look like. We have had E2 approvals on businesses that had no employees, limited financials, and even some that were new. There are other factors that may contribute as well, the Visa process tends to work on a case-by-case basis.
The only way to find out if your business will have access to this fantastic pool of buyers is to ask. Get in touch with us today, and we can look at the possibility of E2 approval for your business. Please feel free to contact us, leave us a comment or question here- and we will be happy to help you consider the E2 Visa process.
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