RSS
News



Boston businessman selling his restaurant, and a green card


Vote now - Buzz this up!





The coveted green card
The coveted green card

An Irish American businessman outside Boston is offering his farm and restaurant business for sale through Realtors in Ireland — with the added attraction that a coveted green card is included.

Steve Thompson is offering Tully Mill, a restaurant, Irish pub and pig farm on 8.3 acres some 80 miles from Boston to any Irish person — who can then apply for a green card  through an "investor visa."

Thompson, who is a chiropractor, decided to offer the land/visa deal to an Irish business person after talking it over with friends in Killarney. He has had to step away from the business for health reasons.

To qualify for the investor business visa, the person would have to employ ten people in America. Thompson says the business employed thirty people when he ran it. The EB-5 visa is for immigrant investors. The visa can be processed in a year or so, and the businessman's wife and family under 21 are all eligible for green cards also.

Thompson says all the restaurant furnishings, appliances and equipment are included in the sale. “All new owners need to do is buy groceries," he told The Irish Times.

As well as the business, there’s a restored 250-year-old Cape Cod-style house, landscaped lawns and a waterfall. Irish real estate companies believe there will be many queries, especially given the poor state of the Irish economy and the weak dollar.



Most recent comments - See all comments

" ... a restaurant, Irish pub and pig farm on 8.3 acres some 80 miles from Boston to any Irish person ..." Figure the neighborhood of US$500K to US$800K on the restaurant & bar, plus the liquor/beer license. The land should go for way under US$1M (US$100K per acre). Offer US$1.2M and dicker = seller to pay ALL fees, of course, including taxes, tithes and tributes.
Personally, I would welcome any Irish immigrant who has the enthusiasm and worth to pursued this as a business opportunity. Hard working legal immigrants are always welcome in this country, as long as they are willing to get legal and pay their own way either by sweat or by investment. Seven generations ago My Irish ancestors do so (a few were actually forced to do so) and I appreciate it and will appreciate more.
There are many less complicated ways to get a EB-5 visa.
sounds great but what happens if the business slacks offw of someone in Chester, Vt whou bought into this and due to lack of business their visa's have been pulled and they now have the Victorian Inn for sale.






remember me on this computer
forget your password?     
IrishCentral.com is also home to Irish Voice and Irish America magazine