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MUNICIPALITY OF THE COUNTY OF VICTORIA · E-2 FIELD GUIDE

What sits outside the purchase price when a Victoria County innkeeper buys an American lodge?

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THE DIRECT ANSWER

Consular application fees for the investor and each family member, or the Form I-129 fee at the amounts in the USCIS fee schedule, Form G-1055, where a change of status is filed instead; plus American immigration counsel, a transactional lawyer, an accountant, a building inspection, escrow costs, and working capital to trade through the first season.

The line that catches buyers is the money the property eats after closing

The investment itself dominates the budget and has to be substantial in proportion to the cost of acquiring a hotel of this kind. Around it sit smaller amounts that still need planning. Canadians ordinarily apply at a consulate, so the State Department's published fees govern rather than the domestic filing schedule, and each accompanying family member is charged separately.

Professional costs come in three parts, since immigration counsel, a lawyer to handle the purchase and licence transfers, and an accountant to document the source of funds are three different engagements. The expense most often forgotten is operating cash. A lodge bought with every available dollar, with nothing left for a boiler failure, a shoulder-season payroll or a repositioned marketing spend, is a weaker business and a weaker case for a genuinely operating enterprise.