Hello
I have a friends who is on H4 VISA and has her own online shopping store. i spoke to her and (we all know) she can legally open a business on H4 VISA, which she did and has appointed a CEO (an American citizen) on commission basis. If there is any sale then the CEO gets 25% of the profit and the rest sits in the bank under the business account which she uses (rather the CEO)only and only to reinvest in the business(advertisement, getting office supplies etc). she says she can legally withdraw it for personal use as soon as she gets her GC.
My questions are :
1. It is really too good to be true. can someone really do that. since the money sitting in the bank under the business account would be as good as saving and use it as soon as GC is ready(5-6 years).
2. As per her immigration lawyer she can do things for the business as long as she is not getting paid for it. (things like calling the supplier or the clients once in a while just to know how the things are going, keep a tab whether the CEO is really utilising the money for the business.) I can really understand being a owner of a company she really needs to do that. But can you really do that isn't it a kind work.)
4. she has a home office and the CEO comes to the office just once a week or so to see the paper work if there is any. since it a online business he can access it from his own house.
) . can he do that ?
3. she has consulted a business lawyer, she must have invested about $800-$1000 on him and hez going to advise her on how to go about doing the business.(like filing w-2 form and the taxes etc).
CAN YOU REALLY DO ALL THE ON H4 / H1? Please let me know if this is possible.
GOD BLESS IF THIS IS TRUE AND POSSIBLE.
Regards,
usak21
I have a friends who is on H4 VISA and has her own online shopping store. i spoke to her and (we all know) she can legally open a business on H4 VISA, which she did and has appointed a CEO (an American citizen) on commission basis. If there is any sale then the CEO gets 25% of the profit and the rest sits in the bank under the business account which she uses (rather the CEO)only and only to reinvest in the business(advertisement, getting office supplies etc). she says she can legally withdraw it for personal use as soon as she gets her GC.
My questions are :
1. It is really too good to be true. can someone really do that. since the money sitting in the bank under the business account would be as good as saving and use it as soon as GC is ready(5-6 years).
2. As per her immigration lawyer she can do things for the business as long as she is not getting paid for it. (things like calling the supplier or the clients once in a while just to know how the things are going, keep a tab whether the CEO is really utilising the money for the business.) I can really understand being a owner of a company she really needs to do that. But can you really do that isn't it a kind work.)
4. she has a home office and the CEO comes to the office just once a week or so to see the paper work if there is any. since it a online business he can access it from his own house.
) . can he do that ? 3. she has consulted a business lawyer, she must have invested about $800-$1000 on him and hez going to advise her on how to go about doing the business.(like filing w-2 form and the taxes etc).
CAN YOU REALLY DO ALL THE ON H4 / H1? Please let me know if this is possible.
GOD BLESS IF THIS IS TRUE AND POSSIBLE.
Regards,
usak21