• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 50,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

Moving operations to the US - non us citizen

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

  1. RAiMA
    Offline

    RAiMA New Contributor

    Messages:
    95
    Likes Received:
    7
    Joined:
    Aug 24, 2007
    Location:
    Sydney, Australia
    Rep Bank:
    $67
    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 :)

    Cheers,
    Raima :)
     
  2. australianinvestor
    Offline

    australianinvestor Bronze Contributor

    Messages:
    467
    Likes Received:
    100
    Joined:
    Aug 4, 2007
    Location:
    Australia
    Rep Bank:
    $115
    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 :)

    Daniel.
     

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page