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Thread: J1 visa holder starting an LLC

  1. #1

    Default J1 visa holder starting an LLC

    Hello,
    I am an exchange trainee, and I am starting an LLC with a friend who is a US citizen.
    I have read that I have to be a passive investor if i want the company to sponsor me for H1B.

    For the moment we have not raised money, we still do not have a client list, we have no premises but we are confident that the business will pick up rapidly.
    We are a risk consulting company on a pretty rare specialty so we believe we will have no problem for the degree and specialty requirements.

    Do you believe we can build a convincing case for an H1B petition ?

    We understand that we will have to provide cash flow previsions, and a business plan.

    What can make the difference in such a case ?

  2. #2
    Attorney at Law Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher's Avatar
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    Default Re: J1 visa holder starting an LLC

    You may use your own company as an H1B petitioner, but you will have to establish that the company will be able to survive and continue doing business after you leave the country. Also, as with any H petitioner, you will have to prove that the company has the ability to pay the offered salary throughout the entire time you request for an H stay.
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  3. #3

    Default Re: J1 visa holder starting an LLC

    Thank you Ron,

    for your answer it confirms what i have read, the main thing seems to build a file that will answer the administration questions on the viability of the company.
    We have read that it goes from capital secured, (equity and loans), offices lease and pictures, clients contracts, partnerships and financial statements currents and projected.
    It seems that all communication material, website, brochures seem to have to be included as well.
    Thanks again for confirming that it is possible to petition.

  4. #4
    Attorney at Law Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher has a reputation beyond repute Ron Gotcher's Avatar
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    Default Re: J1 visa holder starting an LLC

    Good luck with your venture.
    <a href=http://immigration-information.com/forums/images/signatures/jrgsig.gif target=_blank>http://immigration-information.com/f...res/jrgsig.gif</a>

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