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doveskylark

Overseas business that will continue even when living in the States

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My Brazilian spouse and I currently live in Brazil and we have a Brazilian business that will continue even when both of us are in the USA. (We are sending our preliminary documents in on January 2nd). The money we make from the business definitely is over the established poverty level. I have heard conflicting reports about whether or not this will be allowed to be used as supporting income for immigration purposes. I suppose the issue is how one proves that the business will indeed continue making money when both owners are in the USA.   Of course, I have reported the income to the IRS over  the years. I have also sent money from the Brazilian business to my USA checking account. Has anyone had the experience of using an overseas business as their supporting income?  What documents will the immigration officers ask for? ( My sister in the USA is willing to co-sponsor my Brazilian spouse, but if I can avoid that, I would rather do so). Thank you!

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25 minutes ago, doveskylark said:

My Brazilian spouse and I currently live in Brazil and we have a Brazilian business that will continue even when both of us are in the USA. (We are sending our preliminary documents in on January 2nd). The money we make from the business definitely is over the established poverty level. I have heard conflicting reports about whether or not this will be allowed to be used as supporting income for immigration purposes. I suppose the issue is how one proves that the business will indeed continue making money when both owners are in the USA.   Of course, I have reported the income to the IRS over  the years. I have also sent money from the Brazilian business to my USA checking account. Has anyone had the experience of using an overseas business as their supporting income?  What documents will the immigration officers ask for? ( My sister in the USA is willing to co-sponsor my Brazilian spouse, but if I can avoid that, I would rather do so). Thank you!

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1 hour ago, doveskylark said:

 I suppose the issue is how one proves that the business will indeed continue making money when both owners are in the USA.   

That would be my supposition, not so much what they ask, more what you need to supply and that of course is specific to your business.


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3 hours ago, doveskylark said:

My Brazilian spouse and I currently live in Brazil and we have a Brazilian business that will continue even when both of us are in the USA. (We are sending our preliminary documents in on January 2nd). The money we make from the business definitely is over the established poverty level. I have heard conflicting reports about whether or not this will be allowed to be used as supporting income for immigration purposes. I suppose the issue is how one proves that the business will indeed continue making money when both owners are in the USA.   Of course, I have reported the income to the IRS over  the years. I have also sent money from the Brazilian business to my USA checking account. Has anyone had the experience of using an overseas business as their supporting income?  What documents will the immigration officers ask for? ( My sister in the USA is willing to co-sponsor my Brazilian spouse, but if I can avoid that, I would rather do so). Thank you!

The answer would be circumstantial, based on the kind of business.  If you being there is essential to the business operation, they would have a hard time believing the income will continue.  Depends on the nature of the business and the arrangements you have made for it to continue to be profitable once you both leave.  What does your CPA project will happen?  Why?  (Rhetorical questions)


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