On F1 , Want To Start Up A Business

S

sadanaamit

New Member
I am on F1 visa in the US. i have completed one semester. i want to invest in real estate. what i want to know is can i own and trade in properties in the US while on F1 status? or can i only passively invest? does passive investment mean i may not manage the day to day activities of the business?
can i legally do either of the above while on student visa?
thanks a lot to all those who may answer.

thanks in advance
 
You can buy property, but not manage it. You cannot apply for an Investor visa based on property such as a condo and you cannot work for yourself. You can register an LLC and be investor and director. You can hire a manager through this company to manage your business. But you cannot be employed being on F1.
 
an LLC for trading?

are u saying that for trading in properties-i would need to open up an LLC, and hire people to do the job? if i do this, then the profits(after paying fed tax) derived from the activities of this company - activities wholly undertaken by other individuals -would that profit be considered as "passive" income? and can i maintaining my student visa legally keep these "profits".

would buying 'properties' instead of a propety qualify for an investor/L1 visa?

i understand that i run the risk of sounding absolutely ignorant-but kindly bear with me, and reply.

thanks a lot.
 
The requirements for application for Investor visa (imm./non-imm.) disqualifies any individuals buying any property to qualify. This requirement has been set forth as usually properties can easily run in 100s of thousands of dollars. It is a very complicated situation as to who qualifies and who doesnt. But buying property and expecting to get immigration is walking a thin line as compared to starting a firm which manufactures some product.

If you establish an LLC or C Corporation the retained profits can be issued as dividend to the investors. This includes passive investors. Dividends are always offered at the end of the financial year.
 
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