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Consider the following scenario: a foreign (non-resident alien) founder gets funded in the US, standard C-Corp. The founder and the entire team are based in ano
by auganov 9y ago
Consider the following scenario: a foreign (non-resident alien) founder gets funded in the US, standard C-Corp. The founder and the entire team are based in another country.
The founder comes to the US once in a while for somewhat extended stays (~1month) to fundraise, do deals, etc. Regular B1/B2 visa. But expectedly, they will still do a bit of work in the meantime. Are they in violation of the B1/B2? If so, would being paid by a foreign subsidiary help it?
- sidi 9y agoNot a lawyer, to be on the safe side - you would want to avoid a scenario where you are getting paid or do anything that may be treated as skilled labor while on a B1/B2 visa. Breaking this may be grounds for revoking your visa status. You can be compensated for your travel, meal, lodging expenses from a US entity, and you can take meetings, close deals, fundraise, and perform other business activities. Update: You may have personal funds in your country that you would use for covering your expenses and that should be okay. Any ambiguity with such costs being a payment (you mentioned it a subsidiary) for services rendered should be avoided.