Relocating to America isn't done overnight. It takes time to collect paperwork, file visas, etc. The process itself can seem intimidating but it isn't. The reality is that if you are organized and responsive, you can get a visa qualifying business quickly. The three steps to follow are determining a business, making an offer, and closing. The follow is a quick overview of what to expect. For more information, visit
www.Relocating2Florida.com.
Determining A Business.
Once we have begun the process of looking at particular visa qualifying businesses, you will be required to sign an individual disclosure for any and all businesses that you are genuinely interested in. You must understand that all business sales are conducted on a private basis, and that no information should ever be disclosed with any other persons. Once we have reviewed each listing and discussed the stability of each business, we can begin signing relevant disclosures and sending them to the sellers in request of more information. At this point we will expect financial information as well as answers to any questions you should have?
Key areas you should be considering at this point are Owner benefit, employees and overall turnover.
Making An Offer.
Now you should be in a position where you have been able to meet with the seller of the business, reviewed the financials provided and feel that the business suits your needs. When buying a business and requiring a visa, it is important to know that many sellers will need to know upfront of the situation. In order for you to buy a business safely, you will need a clause in the contract to protect you should you be denied a visa. Don’t worry, we know denial is not an option, but better safe than sorry.
Once the offer is accepted, you will be required to place a binding deposit in escrow. This is an account generally held by an attorney where the monies are held until closing. Once all monies for the purchase are deposited, the Escrow Agent will be required to send a “Letter of Escrow” that will be submitted with your visa application.
Now it is simply a matter of you gathering all of the relevant information for your visa application and then submitting the contract and application for approval.
Closing.
Congratulations! If you are at this point, you have been approved your visa. It is now time to close on the business and begin your life here in the United States of America. Closing will be set up generally one to two weeks from your receiving your visa.
All monies are in escrow, the attorney has done all lien checks and other title searchers to ensure the business is in good standing and you and the seller will meet to sign the closing documents. Upon completion of this, the business will be yours and the seller will begin his or her specific period of training.
