Can hob visa holder have equity in the company they work for ?

Asked over 1 year ago - Arlington, VA

I have an 1 with my company and they are willing to give me some equity in the company ( on top of my salary ) , perhaps 20 - 30s ownership , is that allowed ? Thanks .

Attorney answers (3)

  1. Alena Shautsova

    Pro

    Contributor Level 20

    1

    Lawyer agrees

    11

    Answered . I agree with my colleague. You should consult an experienced immigration attorney for this matter. You may schedule a consultation with an immigration lawyer in your area, my firm is handling these matters in New York. If you would like free legal updates on these immigration issues you may sign up for our newsletter at http://www.shautsova.com .

    Att. number 917-885-2261 This advice does not create an attorney client relationship. No specific legal advice may... more
  2. F. J. Capriotti III

    Contributor Level 20

    5

    Lawyers agree

    Answered . "Some" ownership interest is OK ... but 30% is getting a bit 'close' to being a problem. If these are non-voting shares, it gets better.

    Talk to the immigration lawyer that did your H-1B papers.

    PROFESSOR OF IMMIGRATION LAW for over 10 years -- This blog posting is offered for informational purposes only. It... more
  3. Philip Alan Eichorn

    Contributor Level 19

    2

    Lawyers agree

    Answered . I agree with Attorney Capriotti.

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