Legal Question in Immigration Law in South Carolina
h4 starts a home-based company
A friend intruduced me to join a product brokerage company who sells products directly to customer over internet. I will be a distributor. My income will come from my own sales and get paid by company. No sale, no pay. At the end of year I will summit TAX 1099 FORM TO INS. As a h4 visa holder, without working permit and no ability to earn income from any US source, am I legal to do so? How about buying or selling stock? Is it ok to get income from stock market as h4 holder? BestRegards, Mei
1 Answer from Attorneys
Re: h4 starts a home-based company
This is one of the most asked questions.
H-4s are not aurhorized to work. This means that you cannot perform any work for which a U.S. worker would expect to get paid.
However, nothing prevents you from investing i.e. buying stocks and bonds, or starting your own company without performing the day-to-day activity necessary to sustain the business.
You are walking a fine line here and to be honest it sounds as if your activity could in fact be considered unlawful (self) employment.
I WOULD NEED TO KNOW MORE TO PROPERLY ADVISE YOU.
PLEASE DO NOT ACT ON THIS ADVICE ALONE AS I HAVE NOT BEEN RETAINED AND DO NOT KNOW THE DETAILS OF YOUR CASE. PLEASE HIRE COMPETENT IMMIGRATION COUNSEL BEFORE TAKING ACTIONS THAT MAY JEOPARDIZE YOUR NONIMMIGRANT STATUS.
Related Questions & Answers
-
Green Card with RIR Is it any good to start a green card process under RIR,... Asked 11/21/02, 3:18 pm in United States South Carolina Immigration Law