QUESTION
Can H1 Visa holder be a partner in a US company which is not the employer?
Asked on Sep 11th, 2012 on Immigration - New York
More details to this question:
I am a partner in a Texas LLC and I am not a US citizen and I live in Singapore. I have a H1 Visa and I am taking up a job in the US starting Oct 2012. I will be moving to NY state soon. Can I continue to be a partner in the LLC? What is the position of the law related to Immigration and Tax for such cases?
1 ANSWER
Civil Litigation Attorney serving New York, NY
at
Havens & Lichtenberg PLLC
Update Your Profile
You can be a partner in an LLC regardless of your visa status, citizenship, and country of residence. Conversely, your partial ownership in an American company does not affect your eligibility for an H-1B visa sponsored by another company. I am not a tax law specialist, and will not advise you on the tax aspects of your situation.
Answered on Sep 17th, 2012 at 8:21 PM