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IANL, but at one time I was on H-1B and now US citizen. It is not illegal to own a US business on H-1B. Also, there is no issue with business owned by H-1B havi
by akg_67 12y ago
IANL, but at one time I was on H-1B and now US citizen. It is not illegal to own a US business on H-1B. Also, there is no issue with business owned by H-1B having revenue, for example from ads on a blog. If you own a business, you can issue dividend to owners even on H-1B without any issue.
What you can't have on H-1B is the wage from 'unapproved' sources. You will need to get H-1B for every wage source. But there is no restriction on you receiving dividends, capital gains, etc.
Don't confuse "revenue" with income and "wage" with income. Income can be wage, dividend, capital gains, etc. H-1B only restricts 'wage'.