How can an F-1 student open an LLC and invest in real estate? - EB5Investors.com

How can an F-1 student open an LLC and invest in real estate?

I am a Brazilian national, working under F-1 OPT in engineering. I would like to open an LLC to invest in real estate and manage it passively. What would be my limitations?

Answers

Dale Schwartz

Dale Schwartz

Immigration Attorneys
Answered on

Anyone can invest in real estate in the U.S. You can do this as long as it is a passive investment. You would not be allowed to work for your real estate company or investments.

A Olusanjo Omoniyi

A Olusanjo Omoniyi

Immigration Attorneys
Answered on

As a non-resident, there is no limitation in forming a business. Just as well, there is no limitation in purchasing and owning real estate as a non-resident.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Immigration Attorneys
Answered on

You can own real estate and during your first period of practical training, you can arguably be self-employed if this relates to your area of study. If not best to appoint a property manager and limit your involvement to passive investing. Alternatively, the option is to obtain a green card or a work visa that clearly authorizes these activities.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

It should be fine provided you are not employed there.

Michael A Harris, Esq

Michael A Harris, Esq

Immigration Attorneys
Answered on

Ownership in companies, such as in the stock market, is allowed. But a foreign student will need to make sure that they are not engaged in any labor or that could cause problems for the student. I recommend you speak with a corporate immigration law specialist.

Salvatore Picataggio

Salvatore Picataggio

Immigration Attorneys
Answered on

The managing of the business would likely be considered employment. A purely passive investment should be OK though.

Fredrick W Voigtmann

Fredrick W Voigtmann

Immigration Attorneys
Answered on

You can open an LLC and be a passive investor, buying/holding/selling real estate; you just cannot work or receive compensation for services that would normally be performed by an employee.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

Immigration Attorneys
Answered on

Ownership of an LLC and passive investment income generally does not violate terms of an F visa.

Stephen Berman

Stephen Berman

Immigration Attorneys
Answered on

It does not sound at all like a passive investment to me. If it is a passive investment, you simply send money to the company in which you are investing.

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