Answers

Australian Business trading in NYC

Asked by: Lauren  — 21 June, 2013

Hi,

I’m an Australian, working sponsored in NY on an E3 Visa, and I want to start a side business.

I have done some research and it seems difficult to start a business from scratch in the US (as a non-migrant) due to restrictions with my visa. Would it be easier to start/establish my business in Australia and then trade in NY – if so how would that work?

Any advise would be greatly appreciated!

Thank you.

Answered by: admin  — 21 June, 2013

Lauren,

I presume you are referring to your visa restrictions on work or business ownership in the U.S. (I am not closely familiar with E-3 visas since immigration is not my strong side, plus its a special type of visa to Australians, so pretty rare). The problem is, same restrictions would probably apply on you regardless of where your company is registered.

I think the best idea I have for you is to talk to an immigration attorney and to understand better what exact restrictions this type of visa puts on you. As far as I know, no visas restrict non-U.S. persons from owning shares or membership interest in U.S. companies.

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