8 ms·
How does one with a H1B, TN, H1B1, or E3 visa move from their current US employer and start their own company legally while living in the USA?
by mahyarm 11y ago
How does one with a H1B, TN, H1B1, or E3 visa move from their current US employer and start their own company legally while living in the USA?
- falsedan 11y agoSet up an LLC & extend yourself a job offer. Make sure you have the capital to pay yourself according to your visa's restrictions, follow the appropriate procedure for visa transfer, & don't outright own the LLC. Alternatively, petition to change visa to H-1B & get your employer to start the greencard application.
- mahyarm 11y agoBy not owning the LLC, does that mean owning %95 or %4? I often seen %5 requirements in ownership of companies making something invalid.
- falsedan 11y agoDon't own it outright, i.e. < 50% ownership.
- yansuck 11y agoMay I ask why can't a person on F1/H1B own a LLC 100%?
- falsedan 11y agoOwning the company that is extending you the job offer you need for the visa is grounds for cancelling your visa—it's not guaranteed but if DHS find out in the future (like if you petition/apply for greencard) they'll bounce you. Basically, do it if you're comfortable (maybe) being asked to leave the country on short notice.