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jaswanthus

Can I invest in weed stocks as H1B holder?

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Hello,

I am very much interested in trading stocks, can I invest in stocks related to weed? Will there be any issue with immigration?

 

Thanks

Edited by jaswanthus

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If its a publicly traded stock then I do not see any issue. Maybe just as a precaution, stay away from any weed related S-Corporations.

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As long as you pay tax and the stock broker is authorized to sell those to you legally and they are paying tax as well, it should not be an issue, just make sure the transaction is documented & evidence can be reproduced on demand based on request.

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On 12/29/2020 at 11:52 PM, jaswanthus said:

trading stocks

look up 'day trading pattern' if this is you're interested in, legally this is not allowed on H1b

On 12/29/2020 at 11:52 PM, jaswanthus said:

Will there be any issue with immigration?

Yes- when you honestly disclose this info in various immigration forms and tax documents.

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As its legally traded on NYC,can h1b's buy stocks on robinhood and hold them and the weed stocks are from Canada producers ?

Is it illegal in US to buy weed stocks and hold them ?

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