Considerations for Launching a U.S.-Based Search Fund as a Canadian Citizen

by a searcher from Concordia University - John Molson School of Business

3 weeks ago

Are there any tax or legal nuances or implications as a Canadian citizen launching a traditional search fund in the USA?
U.S. investors
U.S. focused search
Initially planning on staying in Canada during the search phase, but open to relocating if it simplifies the process
Plan to acquire in the states and  move once the acquisition is complete

Any advice or guidance would be greatly appreciated

1 like
90 views
15 comments

searcher

Following

3 days ago | like reply | 0 likes

searcher from Harvard University - Harvard Business School

Am speaking to lawyers this week of fund formation and pondering the same problem, will update when I hear back. Seems plausible that one could have the acquisition vehicle be Canadian, and not necessarily move to the target destination, if the fund investors were amenable, and in so doing overcome many of the challenges (though I acknowledge if you have a path to a US Visa this would be a suboptimal tax decision for sure).

3 days ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Self Funded Acquisition: A few Things I Learned

Examples of self-funded searcher websites

2 Best Ways To Find Motivated Sellers, Off-Market Deals

What are market terms for Seller Notes?

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.