I have an opportunity to buy a business which is well established and looks like a good deal to buy it. But I am not sure if H1 Visa holders can buy the business and run it. Or is there is a professional way for me to find this out?#personalfinance #investments
On H1 and want to start my own so following
You need to find someone who is allowed to run business, you can only be an investor. You can form a “manager managed” llc. Please consult with lawyer with specific questions, I did talk to lawyer, everyone’s case is different, but on a high level you can own a business, but can’t run a business on h1b
Nice, thanks. That makes sense.
You can run any business without taking salary from it. Think of it as an investment in stocks.
This isn’t true.
Health & Wellness
Yesterday
858
Lasik cost
World Conflicts
6h
250
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
Tech Industry
Yesterday
3652
What happens when most of your team is Indian?
India
7h
447
'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
Tech Industry
3h
361
Does it make sense to move back to India for Indian techs in the US without a Greencard?
Following! I’m planning for some partnership as well and I am on h1