Can i Start business with Green Card Holder.

[rdpotla]

Hi Ron,

I am on H1B,working with current employer.
1)can i start new business with green card holder as partner.
2)can i get the H1B with the new business.
3)can i start green card process with new business.

Is there any legal implications.
Let me know your opinion.
Thank you
Rohini

 

[BigJoe5]

Hi Ron,

I am on H1B,working with current employer.
1)can i start new business with green card holder as partner.
2)can i get the H1B with the new business.
3)can i start green card process with new business.

Is there any legal implications.
Let me know your opinion.
Thank you
Rohini

1. you can be a hands-off silent partner but cannot perform work.

2. not likely.

3. investigate EB-5 greencard path if you have at least 1.2 million to invest and defray associated costs. It is possible to invest less but those opportunities are fewer in this economy. see 8 CFR 204.6 http://ecfr.gpoaccess.gov/cgi/t/tex...=div8&view=text&node=8:1.0.1.2.8.1.1.6&idno=8