US friend wants me to start a biz with him..

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cgishackNew Member
Topic author
Posts: 7
Joined: 22 Oct 2007

US friend wants me to start a biz with him..

Post Tue Dec 16, 2008 8:40 pm

Hello,
I currently have a TN visa and one of my co-workers wants me to leave and start a small business with him.
I know my TN does not qualify me to do this and I don't want to invest too much money in a lawyer quite yet.

Does anyone have any ideas on how or IF i can even do this?
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RebaModerator
Posts: 2561
Joined: 16 Jul 2004
Location: North Carolina

Re: US friend wants me to start a biz with him..

Post Wed Dec 17, 2008 5:05 am

E visa categories are for investors. Check into those. There are a lot of other threads around here with info about the Es.
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SoCal CanuckNew Member
Posts: 6
Joined: 17 Dec 2008

Re: US friend wants me to start a biz with him..

Post Wed Dec 17, 2008 8:44 am

Do you have a lawyer you can consult with? I dont think you are allowed to be NAMED on the company if you are here on a TN.
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StevenCanuckAbroad VIP
Posts: 3635
Topics: 2
Joined: 28 Sep 2007
Location: Calgary

Re: US friend wants me to start a biz with him..

Post Thu Dec 18, 2008 1:20 pm

The answer is definitely get an E-2 visa. It's a lot of hassle to get an E visa but frankly it does focus your mind because you have to do a proper business plan and work out financing etc.

http://toronto.usconsulate.gov/content/ ... tion=visas
Steve.
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cgishackNew Member
Topic author
Posts: 7
Joined: 22 Oct 2007

Re: US friend wants me to start a biz with him..

Post Thu Dec 18, 2008 7:29 pm

Thanks for all the replies!
I am definitely going to look into this more!

Thanks again!
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