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Moving operations to the US - non us citizen

Discussion in 'Asset Protection/Taxes/Legal' started by RAiMA, Feb 17, 2008.

  1. RAiMA

    RAiMA New Contributor

    Likes Received:
    Aug 24, 2007
    Sydney, Australia
    Rep Bank:
    Hi Guys,

    Just wondering if I can get your advice on things. I'm thinking of possibly moving my investment operations from Australia to the US.

    I'm just wondering what are the restrictions in starting a business in the US as a non citizen. I was thinking of possibly creating a trust where I'm the beneficiary for asset protection, then have a C corporation company where it is the trustee of the trust and have myself as the director.

    As a non US citizen, am I able to do this and have my company employ me?

    Also what are the privacy laws in Nevada like? I did some research back in 1998 which seemed to have met my needs, but there's probably a lot that's changed since then.

    Is this the best approach or is there another way?

    Any advice would be much appreciated :)

    Raima :)
  2. australianinvestor

    australianinvestor Bronze Contributor

    Likes Received:
    Aug 4, 2007
    Rep Bank:
    Hi Raima,

    I've wanted to do the exact same thing. I have a couple of companies limited by shares, and have thought about doing this, especially for my holding company. I can see a few risks in doing so (eg: not knowing US law like I know Australian law), but I'll be having a chat with my tax accountant this year about it.

    A major benefit I can see is hiring myself to manage the companies, and paying for stuff which US companies can write off but Australian ones can't. I'll be looking into this further.

    This'll be a very interesting thread :)


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