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Am I allowed to own a business if I am on OPT

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  • asarma
    replied
    Found this on a popular university site – “The student must be able to prove that he or she has the proper business licenses and is actively engaged in a business related to the student's degree program - http://internationalcenter.umich.edu...ptapprove.html ” It is best to consult with a lawyer if you are setting up a business. As you say, you don’t want to get into anything illegally.

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  • DesiOPT-FaceBook-Fan
    replied
    You can as long as you dont work for the company ... your company must hire a PR holder or a citizen to do the work on your behalf untill you gain status where you can work for your own ... Its a gray area and only immigration lawyer can guide you in a better way ... any state immigration lawyer can guide you as immigration is a federal law once you get clear picture on what all you can or can not do, you can talk to a business lawyer for the establishment or probably joining an existing business

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  • DesiOPT-FaceBook-Fan
    replied
    You can do it. Ask your upline to give you cash or personal check.

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  • DesiOPT-FaceBook-Fan
    replied
    this sounds like a pyramid scheme like company. you might want to be careful.

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  • DesiOPT-FaceBook-Fan
    replied
    No. Just 1 employer and only on W2. Update regularly with SEVIS whenever you change your employer. 1099 MISC is not an option for you.

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  • DesiOPTForumAdmin
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  • shardul_171
    started a topic Am I allowed to own a business if I am on OPT

    Am I allowed to own a business if I am on OPT

    I have a question. I am on OPT. Am i allowed to own or be a part of a business. The business i am talking about is multi-level sales marketing company called NU skin. I wanted to know if i can become a business partner. They will issue a 1099 form for business write offs to me every year. I wanted to consider all the options before i become a part of the business. I do not want to do anything illegal.
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