Creating a Business in the US on an H1-B Visa? 103
GnaGnaGna asks: "I've lived in the US for almost a year now and have a full time position with a major American company under an H1-B visa (work visa for foreigners). Besides this job, I also run an increasingly popular website generating AdSense revenues. I am not sure if I am allowed to create a US company (most likely an LLC), under my legal status, and transfer the Adsense profits to my personal bank account or a business bank account.
Have my fellow readers faced a similar legal situation or know anything about it?"
Cliff, come on.. (Score:5, Insightful)
-molo
But what should I know first? (Score:3, Insightful)
Why a US Corporation? (Score:3, Insightful)
Re:GO Home, or become a citizen. (Score:3, Insightful)
It is extremely difficult to become a US Citizen. Trying to attain citizenship while on an H1-B visa is a long and slow process, often up to 7 or 8 years. We should be letting people pursue citizenship more quickly, but we don't, at least if they are on H1-B status.