Can a non-US Citizen be a partial owner of a Regional Center? I have been looking for this answer, but I am unable to find anything concrete.
The scenario is such: a currently approved regional center is looking to amend its business plan and expand its geographic boundary. As part of the new plan, the regional center will be adding a non-us citizen as a partial owner and giving him a spot on the management team. This non-us citizen will not be investing in any of the projects and will solely be involved in the management, due diligence, and other general tasks required of the regional center.
In some cases, I know the USCIS doesn't like to see foreigners owning a US company that is in charge of getting Visas for non-US Residents. However, in this case, is a non-US citizen allowed be a partial owner of a regional center, but not invest in the projects?
Your answer if much appreciated. Thank You.
I do not see an issue with partial foreign ownership. The Regional Centers do need to be U.S. companies, registered in the state where they exist. If one of many owners in not a U.S. Citizen, I don't see why USCIS would take issue (of course, we have been surprised before...).