Starting business while in AOS/I-485/H-1/H-4
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.
I would like to appreciate Mr.Khanna for his service and would like to recommend my friends to take up his service for any future needs. I had an issue and he gladly offered me a free consultation and surprisingly when I asked him 'should I take your firm service for the issue?' - He said not required and it can be done by me. This shows the greatness of this firm and stands as a proof to show they do "Service" and not just charge clients like others do earn money. In addition a person like Mr. Rajiv who has a well established name not only provided free consolation but also more amazingly - prior to the conference he has gone through/read my issue and gave the solution without asking me to explain the issue again.
ThanksThanks