Canadian buying and operating a fast food franchise in CA

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rhofmeisterNew Member
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Posts: 1
Joined: Tue Aug 23, 2011 4:04 pm

Canadian buying and operating a fast food franchise in CA

Post Tue Aug 23, 2011 4:10 pm

I want to buy or build an Amaerican fast food franchise in the San Diego area and operate it with my family as soon as possible and then build a few more, since we are all Canadian citizens, how do I go about doing this, if at all?
ilovesteakNew Member
Posts: 9
Joined: Wed Aug 24, 2011 3:29 am

Re: Canadian buying and operating a fast food franchise in C

Post Wed Aug 24, 2011 5:02 am

If your investment above US$150k or better above $200k you can get E2 visa.

If not you can start a company which own the business you can operate by some one???? you can not get salary from the business but can wthdraw profit as dividend.

I am not lawyer or CA. Please confrim these with them.
GeorgeEdmontonNew Member
Posts: 3
Joined: Mon Sep 26, 2011 11:59 am

Re: Canadian buying and operating a fast food franchise in C

Post Thu Oct 06, 2011 9:18 am

Are you sure as a canadian citizen one can invest $150,000 US or more and legally operate it in the States? If true, is there any restrictions in terms of the fields in which investment must go to? Thanks,

George
wbennyNew Member
Posts: 1
Joined: Mon Jan 02, 2012 3:16 am

Re: Canadian buying and operating a fast food franchise in C

Post Mon Jan 02, 2012 3:17 am

Does anyone know about the tax issues of a Canadian operating a franchise business in the US? How bad is the tax to both the American and Canadian governments?

thanks.
Ben

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