Earlier quoted context omitted.
Every attorney I have spoken to in the past has said that something like this is a clear and obvious violation of H-1B visa terms, so I'm curious what the "gray area" you are referring to is.
IANAL. Can non-citizens run US-based companies? If yes, can't this be done through a company, then OP would just be forbidden from drawing a salary from this entity?
I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
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Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#302Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#303Earlier quoted context omitted.
Hey Peter, in one of the other comments you mentioned that NVC/ immigration process is a disaster, whereas here I see GC through USCIS is speeding up. As I understand, once USCIS approves a petition, it goes to NVC where paperwork is checked to be documentary qualified and then consular interviews are scheduled. Is there a difference between the 2? Asking because ultimately both are responsible for issuing GC’s.
I was referring to the final stage of the GC process (not the penultimate I-140 stage), an I-485 application filed with USCIS and an immigrant visa application filed with a US Consulate abroad via the NVC. The former is speeding up and the latter is a slow mess.
That explains it.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#304Earlier quoted context omitted.
No. They check your tax returns every year with some automated process. If you document any income that is not approved youll be in trouble. My college rounded up all the international kids doing business in their own countries and told them to stop immediately.
Weird, I just don't see why business-related (or even employment) income in other country X should be any different to investment income, rental income, etc. in other country X.
- Owning companies is totally fine. - Generating income from various sources is totally fine.
What is not allowed is: - You should not work in any capacity where an American citizen could have been gainfully employed. Lot of people mis-represent is that you can not get paid a salary, that is not true. Salary is just an evidence of you worked.
How many people structure this is the following. Partner with an American citizen and start the business. The American partner will hold 51% stake and you will be a passive investor with 49%. If you are married you can apply for H4EAD. You spouse has unconditional EAD and she can run the company.
Important note: This issue is only for people born in India. Everyone else can get their EAD/GC in an year or so.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#305Which country's PR would you recommend for a looking-to-exit-Canadian looking to a) pay less tax (53% income rate is too high!) & b) face less investing regulation (e.g. Ontario banning access to certain crypto exchanges)? Is there a popular one these days? e.g. paraguay
Just out of curiosity, how do you end up with a 53% income tax rate? Federal: 33% of taxable income over $216,511 Provincial: 20.5% on the amount over $222,420 (max, BC) Obviously the average rate will be far less than the marginal rate. https://www.canada.ca/en/revenue-agency/services/tax/individ...
Effective rate is much lower obviously.
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#306Earlier quoted context omitted.
These are questions for us, not for Peter. The answers are: 1. No. 2. There's no fixed schedule.
1. Can you approve and make these 5 comments visible to Peter and the community: https://news.ycombinator.com/item?id=29203081 https://news.ycombinator.com/item?id=29203269 https://news.ycombinator.com/item?id=29203387 https://news.ycombinator.com/item?id=29203454 https://news.ycombinator.com/item?id=29203998 1. My account lets me see comments made by new accounts, green, and those comments have 0 minutes ago as the…
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#307If I’ve received my O-1 but I haven’t started working at the company yet, can I still travel to the US on my O-1 while working remotely for a canadian company?
Re: I'm Peter Roberts, immigration attorney who does work for YC and startups. AMA
#308Earlier quoted context omitted.
It is a gray area but I don't see any issue if you release it for free. Getting paid, even if to cover your expenses, is more problematic, however. I wouldn't say it's a complete non-starter but it would have to be structured very carefully and properly to avoid crossing any lines.
Every attorney I have spoken to in the past has said that something like this is a clear and obvious violation of H-1B visa terms, so I'm curious what the "gray area" you are referring to is.