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Corporate Structure w/ Foreign National Partner
Hey Ya'll,
We are working on our corporate structure and will likely go with LLCs. Intention is to have a parent holding LLC with subsidiary LLCs to hold assets, form joint ventures and possibly one as a holder of interests in foreign entities (we may do some investing in South America too).
My wife/partner is a foreign national in the US and does not have any US based documentation (no Tax ID, no Green Card, no SSN, etc) at this stage but we do intend for her to get residency documents in the next couple years.
The plan now is to incorporate the LLC(s) beginning in January with myself holding 50% and my foreign national wife holding 50%. Does anyone have experience with this kind of structure/setup that I could lean up against to learn what worked, what didn't and what things to avoid?
Also any recommendations on legal/tax counsel who has a speciality in this sort of area on top of being well versed in the real estate arena would be greatly appreciated.
Thanks.