There are several options available to your family. What option would be best would depend upon more specific information about each family members' education, experience, and skills; investment involved; and specific plans for the company. As an F-1 status holder, you may be able to represent the company so long as you engage in no work on behalf of the company. Working without authorization would violate your status. Given what is at stake this is a situation where you should consult an attorney directly. You can find more information on options at http://myattorneyusa.com/investment-immigration.
Answered on May 25th, 2016 at 2:51 PM