Yes, foreign entrepreneurs can establish a US business remotely without living in the country. It’s possible to form a company such as an LLC or a corporation from abroad and many entrepreneurs choose to register in business-friendly states like Delaware, Wyoming, or Nevada. The process can usually be completed online or through a legal service. 

One of the key requirements is to have a registered agent in the US. This is a person with a physical address in the state of formation who can receive official documents on behalf of the company. In addition, the business must obtain an employer identification number(EIN) from the IRS, which is essential for paying taxes and opening a business bank account. 

Although some U.S. banks require the owner’s physical presence to open an account, others allow remote setup if the entrepreneur provides the right documents. Online banking services can also be a helpful alternative. However, it’s important to understand that owning a U.S. business doesn’t automatically grant the right to live or work in the United States. If the entrepreneur wants to manage the business in person, they would need to apply for a visa, such as the E-2 Treaty Investor Visa or L-1 Intracompany Transfer Visa.

Lastly, foreign business owners must comply with U.S. tax laws and fulfill any annual reporting obligations. It’s highly recommended to work with a U.S.-based accountant or lawyer to stay compliant. In short, while foreign entrepreneurs can successfully start a U.S. business from abroad, it requires careful attention to legal, tax, and immigration details.