Specific question on N-470

A

ak4net

New Member
Very specific question on N-470.

I have GC (Jul'07), completed 3 yrs continuous stay in US including 1 yr 100% in US. I am being offered employment in India by a global/Indian BPO company legally incorporated in Luxemburg but listed on NYSE with mostly US institutional/ fund ownership and working for a lot of US clients. I will likely be able to visit US every 6 months.

My question is if this company will qualify as a US corporation for N-470 purpose?

Thanks
 
ak4net said:
Very specific question on N-470.

I have GC (Jul'07), completed 3 yrs continuous stay in US including 1 yr 100% in US. I am being offered employment in India by a global/Indian BPO company legally incorporated in Luxemburg but listed on NYSE with mostly US institutional/ fund ownership and working for a lot of US clients. I will likely be able to visit US every 6 months.

My question is if this company will qualify as a US corporation for N-470 purpose?

Thanks
Click to expand...

Publicly traded companies are considered to be American firms or corporations, if they are incorporated in the U.S. and traded exclusively on the U.S. stock exchange markets. If those requirements cannot be met, then it is necessary to demonstrate that 51 percent or more of the company's owners are U.S. nationals. Subsidiaries of U.S. firms or corporations are considered to include foreign firms owned by a U.S. company through a third corporation. However, one U.S. company must own more than 50 percent of the foreign company.


http://www.murthy.com/news/n_pr4ctz.html
 
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