What you need to know about a visa requirement for new businesses
Posted On August 16, 2021
NEW YORK — The U.S. Citizenship and Immigration Services is cracking down on new businesses hoping to open in the country.
The agency has announced new rules for applicants and their landlords.
The agency says applicants must file a new citizenship application for new companies, or pay $100 per year to a new U. S. corporation to register as a business, and must have at least 50% ownership of the new business.
That will require the owner to be a U.s. citizen or green card holder.
It’s a requirement for businesses that aren’t already registered in the U.K. or Ireland.
Applicants are also required to show proof of financial stability.
If you don’t have enough money to pay the fees, the agency says you’ll be denied.
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