I am not a resident of the U.S., but I have a legal business entity registered in Wyoming, which I solely own. Currently, I do not draw any compensation from this business; I do not pay myself a salary. Can the funds from this business be used as a source of funds for a rural regional center investment?
Alternatively, would it be possible to create a new business entity in the U.S., owned solely by me, to withdraw funds from the main entity and receive personal compensation from this new entity? I assume I would be subject to federal income tax when receiving personal payouts unless the funds can be transferred directly from the new entity to the EB-5 investment. I prefer not to use funds directly from the main entity because I do not wish to use that business for personal reasons; I only want to receive compensation for my past work.
Would any of these options be valid and legal for establishing the source of funds? My country has a tax treaty with the U.S. to prevent double taxation, and the funds will never be transferred between the two countries, as they are generated in the U.S. It would be complicated if I had to move funds to my country first and then remit them back.
Answers
Lynne Feldman
Immigration Attorneys DirectoryYes, I believe that would work but need mor details to work it through with you to be sure you can show the required lawful source of funds.
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