Visa Applicant

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  • Super Mom
    Senior Member
    • Jun 2007
    • 1151

    #1

    Visa Applicant

    I have a client that is applying for an E-2 Visa. The letter from the lawyer says they need a "accountant letter of projected income" on my letterhead. How do I do that? Look at previous years % and say "if it increases at that rate, income will be xxxx"???? I am COMPLETELY inexperienced with this so help is very much appreciated!!!!

    Also, if a partner wants to secure the assets he is investing in a company, how should he do that?
  • Super Mom
    Senior Member
    • Jun 2007
    • 1151

    #2
    I've got to do this letter today, any help?

    Comment

    • Gretel
      Senior Member
      • Jun 2005
      • 4008

      #3
      Not much help but I would shy away from a letter like this. I mean, we can't even project our own income. If you want to do this, first step is probably to check with your professional insurance carrier.

      Comment

      • Super Mom
        Senior Member
        • Jun 2007
        • 1151

        #4
        I don't have professional insurance as of yet since I'm a small practitioner. However, after studying Circ 230 I'm rethinking that decision, plus I am growing. I called the AIPB, I think they offer liability insurance, thought maybe a CPA or someone there can help me since I am a member and a CB. I am really stumped on this, can call the client's lawyer, but you know they will be looking out for my client NOT me. Anyone out there have any experience on this?

        Comment

        • Super Mom
          Senior Member
          • Jun 2007
          • 1151

          #5
          moving this back to top, must type this letter and send to client today! Help!

          Comment

          • Edward
            Senior Member
            • May 2007
            • 100

            #6
            E-2 Visa

            This is known as an "Invester Visa" permitting foreign investers to invest in U.S. businesses, in which a minimum amount of cash must be invested depending on the type of business. It is new this year and has not been presented before. If you need help on this subject go to your local immigration office and they should be able to provide you with needed information.

            Comment

            • Super Mom
              Senior Member
              • Jun 2007
              • 1151

              #7
              Originally posted by edward
              this is known as an "invester visa" permitting foreign investers to invest in u.s. Businesses, in which a minimum amount of cash must be invested depending on the type of business. It is new this year and has not been presented before. If you need help on this subject go to your local immigration office and they should be able to provide you with needed information.


              thanks for your help!

              Comment

              • Edward
                Senior Member
                • May 2007
                • 100

                #8
                E-2 Visa

                Since this is a new program, we would like to know how you came out with local immigration on the procedures for handling this type of visa applicant? Info you acquired may be useful to others in case they come up with a similiar situation. Thanks

                Comment

                • Super Mom
                  Senior Member
                  • Jun 2007
                  • 1151

                  #9
                  Originally posted by Edward
                  Since this is a new program, we would like to know how you came out with local immigration on the procedures for handling this type of visa applicant? Info you acquired may be useful to others in case they come up with a similiar situation. Thanks

                  Hi, I called the lawyer to see what they needed. He explained that it needed to be on letterhead, I didn't need to be a CPA, and that I could include statments that I got my information from. He said the letter needed to include the investment in the company as well. I looked at the net income from the previous year and said "if net income increases at this rate it will be $XXXX" and I included the income statement that I got the information from and referenced that. I also said the applicant had investments of "$xxxx" based on his investments we have tracked and with the bank reconciliations as well. I haven't heard from the client, so assuming this worked. Will let you know if have to ammend that or if it was ineffective. Thanks!!

                  Comment

                  • Edward
                    Senior Member
                    • May 2007
                    • 100

                    #10
                    You made reference only to the Lawyer - what part (if any) did the immigration people assist you in this matter, and were the immigration people helpful in this subject. Thanks.

                    Comment

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