Obtaining a visa, green card, or U.S. citizenship is a dream come true for many people. But without proper planning this dream can quickly turn in to a tax nightmare. It is also possible to inadvertently become a U.S. tax resident by virtue of the substantial presence test. Simply stated, under the substantial presence test you can become a tax resident of the U.S. by spending too much time in the U.S. If this happens you could be subject to tax in the U.S. on your worldwide income as well disclosure to the U.S. of certain foreign assets.
Our firm’s professionals are highly knowledgeable about structuring business transactions, EB-5 compliant business strategies; international taxation, reporting and compliance, investment and accounting concepts to successfully assist their clients navigate the EB-5 Visa Program, whether they are the investor or the project owner.