well I'm a tech passionate,iv read a lot about business and management,have a little work experience,i have a good coding background and still improving.i even know a possible cofounder and we have a solid idea ready to work on,after a lot of research i realized most of the success of the tech startups is happening in U.S and bay area obviously and i figured out about plans like YC and angel investing companies.now with all these said I'm living in Europe,I'm not an american citizen and unfortunately I'm also from a country with not a very good political relationship with states.so the situation is little too complicated to solve it on my own.do you think generally i do have a shot? if yes how?
Can you do it? Yes, absolutely. Is it simple and/or easy? Unfortunately not.
If you're going to go down this route then be prepared to spend a fair bit of money on legal advice, as well as budget in at least 3-6 months for the whole process. And don't be a cheapskate either - one wrong move can jeopardise all of your efforts.
On that note, you will soon find out that getting a company registered in the US will be the least of your worries, but what will prove difficult is getting any sort of banking set up for the company, as banks nowadays have extremely rigorous due diligence requirements in place and they're generally very hesitant to open accounts without you being physically present.
The best advice that I can give you though is to first get started with executing your idea - and if it's any good and properly validated then needing to establish a presence in the US will be a good problem to have.
Answered 9 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in