Mark_1 wrote:
I used a trust while I was on H1B but had it transferred to me when I got my green card.
That’s the direction I’m leaning towards.
Thank you all for the useful tips.
So I eventually went the “foreign” c-corp route as it helps me retain control of the aircraft. That will not work if/when I want to bring back the aircraft in Europe but I figured I’ll bridge that gap when I get there.
Very interesting. If you have some time I’d be interested in how you did it. Company that is 75% in US citizens‘ hands? Why no possibility to bring it to EU (not even temporarily)? Thank you!
If the plane lives in the US (60% of flights start and end in the US) then the company doesn’t fall under the 75% US ownership requirement. The 75% US ownership is for aircraft that primarily reside outside of US airspace.
Very interesting thank you.
