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wineknight73
Joined 2017
Posts: 28

ERV Income

5 years ago

Hello, As part of my application for an ERV, I am intending to declare passive business income from the sale of my business. The general terms are that I have sold the business to a partner who will pay me a fixed amount over a 5 year period. I am wondering if anyone has a similar experience with respect to passive business income and what you provided to the Consulate. I am assuming a notarized contract of sale and bank records of the payments.
Thanks

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