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.
It was back in June 2005 we signed with Mr.Rajiv's firm regarding my employment based GC process. With the excellent process and support from Rajiv's office my PERM labor got approved in 4 months and then I-140 in 7 months and there was a RFE which Mr.Mathew helped my employer by contacting USCIS and effectively getting approval. With lot of inquiry made by Rajiv's office and continuous follow-up with USCIS my case and my wife's case got approved without any RFE.
I sincerely appreciate their help and patience shown during my GC process and highly recommend them for any immigration related process.