Immigration in Pandemic Times

Transcript

Andy and Jessica welcome you to another episode of The Deal Board Podcast. Today, they are talking about immigration and how things have changed due to the COVID-19 pandemic. Andy and Jessica are accompanied by the experts: Michael Shea from Transworld’s Orlando Office and Lisa Krueger Khan, Immigration Attorney who has been practicing in Orlando since 1997.

Listing of the week: Marty Fishman (South Florida) is selling a pool maintenance business creating $3,000 monthly revenue, it has three routes, three employees, and three vehicles. The business generates $450,000 a year. The owner is looking to retire. Price: $285,000. Email Marty at [email protected] or call (954) 296-2995.

Key Takeaways

[1:40] Lisa talks about herself and her practice.

[2:47] Michael Shea introduces himself by talking about himself and his practice.

[3:49] Lisa provides a general overview of the E2 Visa as it stands today.

[14:02] How do the Visa programs affect the seller of a business? Why should a seller work with a broker who understands these programs?

[16:33] Michael talks about submittal and expected time frames.

[21:55] Lisa discusses the travel bans and their exemptions.

[25:42] How are the COVID-19 restrictions and travel bans affecting international buyers?

[30:21] Lisa extends her advice to international buyers who are interested in investing in the U.S.

[33:07] The E2 and the green card are not really related.

[36:12] Michael gives suggestions to the sellers who want to attract the attention of international buyers.

[44:01] Deal of the week: David Wechsler (Colorado) recently closed a transaction on a well-established plumbing and mechanical business that has been in business for more than 30 years. The buyer made a full-price offer within 24 hours. The business was sold for $1.35 million with an SBA loan and an initial payment of only $25,000.

[52:12] Listing of the week: Marty Fishman (South Florida) is selling a pool maintenance business creating $3,000 monthly revenue, it has three routes, three employees, and three vehicles. The business generates $450,000 a year. The owner is looking to retire.

Show Notes

Call us — (888) 711-9018

Email us – [email protected]

Email Lisa Khan at [email protected]

Email Michael Shea at [email protected]

Call David Wechsler at (303) 526-8239 or email him at [email protected]

Contact Marty Fishman at [email protected] or call (954) 296-2995

Mentioned in This Episode

• The Deal Board Podcast
• Subscribe to The Deal Board Podcast YouTube Channel
• United Franchise Group
• Transworld Business Advisors
• The Deal Board on LinkedIn
• The Deal Board on Facebook
• Learn more about Lisa Krueger Khan
• Learn more about Michael Shea
• Visit Michael Shea's YouTube Channel