Did you know it was possible to move to the United States to run a franchise business. The E-2 Treaty Investor Visa allows people to emigrate to the US for the purposes of investing in and managing a business. This can include a franchise.
In this video, our Global Chairman Mark Davies, addresses some of the frequently asked questions about franchise business. And advises on some of the pitfalls to be aware of and to avoid.
For example, franchise brokers can help with the whole process. However, it is important to know if they are earning commission and to seek external advise.
Not all franchises are eligible for the E-2 visa, so it is important to check first. It is especially useful to have a corporate lawyer review the franchise agreement before you sign.
If you are not from an E-2 Treaty Country. Contact us to discuss ways to become eligible for the E-2 visa. This usually involves obtaining citizenship of a country that has an E-2 Treaty with the United States. Grenada and Turkey offer the most cost-effective pathways to citizenship.
This article and video is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients.