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My understanding of H-1Bs is that the basis of the visa is that you are required to work for a U.S.-based employer. How does a H-1B holder get around this restr
by kolanos 6y ago
My understanding of H-1Bs is that the basis of the visa is that you are required to work for a U.S.-based employer. How does a H-1B holder get around this restriction in founding a startup?
- ponker 6y agoYou are typically an employee of the startup that you create.
- kolanos 6y agoRight, but you need to be sponsored by your employer to get the visa in the first place. Not saying it can't be done, just unclear on how.
- ponker 6y agoYou can create the company from abroad. There’s no real additional process for creating a company from abroad. The banking setup is the only thing that takes longer.
- jgalt212 6y agoit's a list of former H-1Bs (presumably now green card holders or citizens) who subsequently did X.
- dx87 6y agoNo, the poster named it that as clickbait. >Hey! Never meant to state that all these founders came here on an H1B; just used that in the website name given what's been going on recently.
- satya71 6y agoRight, used to be that H-1B employees would eventually become permanent residents and start businesses. Myself included. Though it's getting harder. It took me 12 years. There are people in H-1B now who have no realistic chance of becoming permanent resident in the life time.
- jahlove 6y ago> Can I leave my H1B sponsoring employer to work for my own company? Can my own company sponsor my H1B? > If you leave your H1B visa sponsoring employer, you will need to find authorized employment with a new sponsoring company that is authorized on your I-129 Form. In theory, that company could be your company but it can be approved only under a narrow set of circumstances. An employer that hires an H1B visa worker must be in a position to have the “right to control” the employee (you). That is by definition not a company in which you control 50%+ of the shares. You can’t hold a job in which you are the person who determines whether you have a job! There needs to be a hire-fire relationship that exists. There are some ways to create a permissible hire-fire relationship within ‘your own’ company that may pass muster in order to secure H1B sponsorship. For instance, you could have a Board of Directors that has explicit hiring and firing control and can replace you and you could also have a co-founder that owns more than 50% of the company’s shares and can hire-fire you. It’s always best to hire an attorney for help establishing ownership in any company, especially if it could put your visa status in jeopardy. https://myrawealth.com/insights/can-i-invest-in-and-start-a-company-on-an-h1b-visa https://myrawealth.com/insights/can-i-invest-in-and-start-a-...