4 ms·
Summary: - New startup entity (< 3 years old) - Atleast 10% stake - No more than 3 applications per startup - Atleast $345,000(VC,Angel,Incubator) or $100,0
by drl42 10y ago
Summary:
- New startup entity (< 3 years old)
- Atleast 10% stake
- No more than 3 applications per startup
- Atleast $345,000(VC,Angel,Incubator) or $100,000(govt grants) or show public benefit if less funding available
- Initial stay for 2 years
- Employment authorization only from startup
- Minimum salary at 400% poverty level
- Spouse gets EAD, but minor children do not.
After 2 years, 3 years extension
- Atleast 10% ownership and active role in startup
- Atleast $500K additional funding OR $500K revenue with 20% growth OR 10 Full time Jobs
0
- pashabitz 10y agoI see 15%
- r00fus 10y agoSpousal Employment Authorization Document (EAD) is huge. IIRC, H1B spouses (ie, H4Bs) were recently allowed, but only if the H1B holder is applying for legal residency - which can take a while. In this case, you can get an EAD for your spouse as soon as you get your parole.
- OmarIsmail 10y agoWOW. This instantly makes this program substantially better than many other visas. The difference between a working spouse and not is worth hundreds of thousands of dollars - especially over a 5 year time frame. This is better than the O1!!
- anaclet0 10y agoI was told that a person with an H4B VISA can work only after the PERM has been accepted, during the adjustment of status (the last step of a green card process)