Law Offices of Chris M. Ingram

    E2 Visa Investors Take the Plunge

    E2 Visa Investors are taking the plunge and going for their American Dream. They are taking advantage of the emerging economy before prices fully recover. Is the time right for you?

    E2 Visa investors are taking the plunge and going for their American Dream. They are taking advantage of the emerging economy before prices fully recover. Is the time right for you?

    Welcome Page –
    H-1B Visa: Graduate and Skilled Workers
    Media and Entertainment Professionals
    E2 Visa Investors Take the Plunge –
    Comprehensive Immigration Reform May 2010 –

    E2 Visa Investors Take the Plunge

    We’re delighted to be taking on a new wave of E2 visa clients. We are seeing a steady increase in the number of our clients taking the plunge and really going for their E2 visa American Dream by taking advantage of this fantastic visa. As the American economy emerges from recession our readers are spotting a once-in-a-lifetime opportunity.

    I happened to be watching a news report focusing on the property market in Florida and I thought what an amazing E2 visa opportunity there is here for our clients. I was amazed, stunned, flabbergasted and my jaw dropped as the news presenter announced that over the recession property prices in Florida fell by an average of more than 65%. As a result it was estimated that more than 50% of Florida home owners had a mortgage greater than the value of their house. In other words, half of Floridians were in negative equity.

    65% of Floridan Homes are in negative equity. Is now the right time to buy?

    65% of Floridan homes are in negative equity. Is now the right time to buy?

    The news segment toured various parts of new residential developments where 60% of the homes were vacant and being offered for sale at rock bottom prices. There was a lovely three bedroomed house going for $45,000, and across the street they interviewed a homeowner who had paid $195,000 for the same property 18 months earlier. Whilst such news is obviously crushing for the people who bought their homes between late 2007 and 2008, the scale of opportunity for my E2 visa clients is unprecedented. What kind of house could you buy in a new residential area for $45,000 dollars in the UK? This is roughly the price I paid for my first house in Northampton, England – but that was in April 1984! The price of Floridian property is literally at an all time low and this presents massive opportunities for our E2 visa clients to not only buy a solid E2 visa qualifying business, but also have enough money left over to buy a home.

    Florida is not the only state in this pickle; California, Nevada, Arizona and other states that boomed over the last five years have hit rock bottom. However, low interest rates and low house prices will once again become a thing of the past over the next few years. There are many reports of house prices, (having bottomed out), are beginning to rise again, slowly admittedly, but surely.

    I’m sure I’ll get many emails from clients wondering if they can make an E2 visa case out of just buying and selling houses. The answer is – not really- because in order to qualify for an E2 visa the capital raised must not be borrowed and secured against the assets of the business. Most property investors put down some money but rely on the banks to raise the rest and when you’re talking property, borrowing money is almost essential. For example, even if a client has a couple hundred thousand dollars to invest in multiple properties and have the cash to buy 6 – 10 properties,  owning the properties does not create an E2 visa business, as there is no ongoing trade, commerce, buying, selling and specific job creation. I would definitely steer well clear of that approach.

    Instead, I’d encourage clients to find a nice affordable steady business for sale that has weathered the recession and is somehow still managing to trade successfully. With any cash you might have left over, I’d then look seriously as to how many properties you may be able to buy in order to rent out while properties are so cheap. Of course, you have to do your home work and due diligence but there are plenty of E2 visa investment opportunities and we can help.

    E2 Investment Visa - Is now the time go for your American Dream?

    E2 Investment Visa – Is now the time go for your American Dream?

    We have many E2 visa clients who have hired us as their US Immigration attorney so that they can work with us in the planning of their immigration strategy. This enables us to review potential businesses for our clients they have found, so they can rely on  our experience for comments as to whether the business they have under consideration makes E2 visa sense. We cannot advise them on what price to pay or on whether they should in fact buy that business or not, these are commercial considerations. However, we can lend a guiding hand sharing our collective experience from the many successful E2 visa cases we handle everyday and our advice really does help our clients make better choices. Obviously this support is only available to fee paying clients.

    As our practice continues to grow we’ll have to be as committed as ever to delivering quality new content for our readers and we’ll continue to offer our famous free initial consultation, but subsequent consultations will need to be charged for, unless the client will immediately thereafter retain our services. This is the only way we can provide an excellent service to both potential new clients and existing clients eager for progress on their case.

    E2 visa applications are more of a marathon rather than a sprint. Good low stress E2 visa applications are carefully crafted over months not weeks, so please do not wait until you think you’ve found the perfect business and then call us eager to get going with an impossible deadline to meet. Work with us as soon as you have decided that you want to relocate and then we’ll get you prepared. Then as you find potential businesses we can review them together and make choices that best suit your needs and are E2 visa viable.

     

    Welcome Page –
    H-1B Visa: Graduate and Skilled Workers
    Media and Entertainment Professionals
    E2 Visa Investors Take the Plunge –
    Comprehensive Immigration Reform May 2010 –

     

    By Attorney Chris M. Ingram

    US Immigration Law Offices of Chris M. Ingram
    Chris M. Ingram LL.M., ESQ – Immigration Attorney
    Admitted in New York.
    Practice Specializing in US Immigration Law
    520 Broadway, Suite 350,
    Santa Monica,
    California 90401
    Tel: 310 496 4292

    Everyday the Law Offices of Chris M. Ingram provides a comprehensive range of US Immigration expertise. We also provide a free consultation for our prospective clients.

      

    General Location: Santa Monica ,  Santa Clarita, Los Angeles, California, USA.
    Serving all 50 States
    Copyright 2010

     

    Please note that nothing contained in this website or link therefrom shall be regarded as providing legal advice. Please contact us directly for legal advice specific to your situation. Thank You.