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.
Mr. Khanna, I would like to thank you and your staff for all of your direction, guidance and support throughout my green card journey. It was a bumpy ride with lots of barriers but the outcome was fruitful. I somehow forgot to share my feedback on the bestest services I received from your legal team and I sincerely apologize for that. Your firm really did an amazingly thorough and professional job and Words cannot give any appreciation justice. Thanks much to Bharathi, she was superbly positive, efficient and professional. I could not have wished for a better person to have dealt with it and the service I have received from you has been excellent. You have kept me well informed and up to date with everything. I would always refer your firm if the need ever arises for any legal assistance. Once again my heartfelt thanks and appreciation for you and everyone else worked on my case.
Best Regards
Anup