6 ms·

I’m confused. Admittedly, I’m not very educated on this topic. But aren’t H1B visas used for employees? Why are founders using H1B visas to found a company in t

I’m confused. Admittedly, I’m not very educated on this topic. But aren’t H1B visas used for employees? Why are founders using H1B visas to found a company in the US? Wouldn’t E-1 visas and investor visas be more relevant to the discussion of people starting companies? Is Trump banning new issuances of those?

esotericimpl 6y ago
In order to stay in the country usually a founder will work for the company as a contractor. I know of several founders who technically work as a freelancer for company A. while they run Company B. Company A takes a chunk of equity for holding the visa.
- pandaman 6y ago
  Just a heads up: there is no statute of limitations on immigration fraud for the immigrants. If it's discovered at any time in the future all the immigration benefits derived from the fraud will be rolled back and the punishment (which usually includes a ban from entering the US) will be administered. E.g. if they get a green card through AOS and then naturalize and become citizens but their H1B is discovered to be fraudulent at some time in the future then: AOS is invalid since it requires a valid status, then the LPR (green card) is invalid since it's a result of an invalid AOS, then naturalization is invalid since it requires a certain time of being an LPR. So they are stripped of the US citizenship, deported and banned from entering the country ever again.
princekolt 6y ago
Someone who enters the country on a H-1B don't necessarily stay in that category for all eternity. Although this is getting harder over time, people can switch which visa they're on, for example by applying for an Outstanding Abilities visa (O-1), a green card (EB-1), or even by getting married to a US Citizen (IR-1). The point of the article is that these people were H-1B holders when they moved to the US, and went to become extremely successful later on.

esotericimpl 6y ago

In order to stay in the country usually a founder will work for the company as a contractor. I know of several founders who technically work as a freelancer for company A. while they run Company B. Company A takes a chunk of equity for holding the visa.

pandaman 6y ago
Just a heads up: there is no statute of limitations on immigration fraud for the immigrants. If it's discovered at any time in the future all the immigration benefits derived from the fraud will be rolled back and the punishment (which usually includes a ban from entering the US) will be administered. E.g. if they get a green card through AOS and then naturalize and become citizens but their H1B is discovered to be fraudulent at some time in the future then: AOS is invalid since it requires a valid status, then the LPR (green card) is invalid since it's a result of an invalid AOS, then naturalization is invalid since it requires a certain time of being an LPR. So they are stripped of the US citizenship, deported and banned from entering the country ever again.

princekolt 6y ago

Someone who enters the country on a H-1B don't necessarily stay in that category for all eternity. Although this is getting harder over time, people can switch which visa they're on, for example by applying for an Outstanding Abilities visa (O-1), a green card (EB-1), or even by getting married to a US Citizen (IR-1). The point of the article is that these people were H-1B holders when they moved to the US, and went to become extremely successful later on.