Foreign Investment Company Law and Legal Definition

Foreign investment company is a foreign company who's assets are primarily intended to generate investment. Foreign investment company includes a company located outside the U.S. substantially engaged in the business of investing in securities of other companies, whether or not it is an entity that is an investment company under the law of the jurisdiction in which it is registered and where it has its principal place of business. [United States v. Savin, 349 F.3d 27 (2d Cir. N.Y. 2003)]