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H1-B co-sponsorship is one of the most viable options once you have some money. Do keep in mind that you can't sponsor a co-founder on an H1-B if he/she owns mo
by mansigandhi 13y ago
H1-B co-sponsorship is one of the most viable options once you have some money. Do keep in mind that you can't sponsor a co-founder on an H1-B if he/she owns more than a certain % of the company (I think it's under 5%).
If he's a co-founder and has a large chunk, you'll need to look at other options. The best way to find all legal options are to talk to a good lawyer. My co-founder knows a great in SF but I can't seem to remember his name at the moment. Do send me an email and I can send his contact across.
We're (founders) all Indian citizens...before we quit our fulltime jobs in the bay area, we had looked into all possibilites.
- Alk395 13y agoThank you so much for your response, it's greatly appreciated! With regards to ownership in the company, it was my understanding that it just had to be below 50%, or it could even be over as long as the company had the authority to hire/fire the individual on the H1B Reference: http://danashultz.com/blog/2011/05/06/can-i-get-an-h-1b-visa-working-for-my-own-company/ http://danashultz.com/blog/2011/05/06/can-i-get-an-h-1b-visa... Additionally, if you could provide any input as to how much cash is needed to co-sponsor an H1B (relative to future implied contracts, expected future cash flow, etc) would be greatly appreciated