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  • H1-B legal rights

    Hi,

    I have two questions relating to me being a H1-B worker:

    1. Will I be able to invest in real estate?
    2. Would I be able to start my own business?

    Obviously, I intend to do these whilst still be under employment of the H1-B sponsoring company. I just wasn't sure if these two actions were limited to those with perminent residency status.

    Thanks for any help.

  • #2
    Answers below.


    Originally posted by deepak1887 View Post
    Hi,

    I have two questions relating to me being a H1-B worker:

    1. Will I be able to invest in real estate?

    >>> H1 visa holder can buy house or any other real estate property in USA. If you can prove that the real-estate is an investment rather than a business you work for, it would be perfectly permissible. H1 visa holder can also invest money in stocks, mutual funds, bonds etc.

    2. Would I be able to start my own business?

    >>> Yes. However, you cannot work for that business. You still need to be employed full time under H1-B sponsoring company. H1 visa holder can not work as self-employed or freelancer and do contract type of work.

    Obviously, I intend to do these whilst still be under employment of the H1-B sponsoring company. I just wasn't sure if these two actions were limited to those with perminent residency status.

    Thanks for any help.
    Not a legal advice. Use of this information is strictly at your own risk.

    Comment


    • #3
      Shervin- thanks very much for the information you have provided. It's very informative.

      Regards,

      Deepak.

      Comment

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