Question details
1. Hi Rajiv I have a few questions about starting business in partnership.
I am currently on H-1B , my I-140 is cleared and priority date is not current. My wife is on H-4 visa and she is interested in starting her own business with some one who has I-485 pending and has EAD.
I will be the one who will be investing in this business but I won't be employed with that business.
- Is this legal ?
2. Can you be a passive investor on H-1?
1. She can NOT do this on H-4. Once you folks file 485 and get EAD, things will be different.
You can then be a passive investor (performing no work type activity for the company) even while on H-1. You can also be an active investor if you wish to move to EAD as long as you maintain your intention to work full time for the GC sponsoring employer. Your wife can work for the company, own it, be partners, etc. as long as she has the EAD.
Rajiv Khanna office done an excellent job on my green card. They helped me in filing labour, I140, I485, EAD and Paroles...Mr. Khanna's team are skilled with Quality, excellence, provocativeness and effective communication. I worked interacted mainly with Amrita, Prerna, Rita. They helped me porting my PD and it worked out very well. I am happy with Mr. Khanna's team.