Can H1B Visa holder have income from forex proprietary firm?

NVRK

By NVRK,
in H1B : General

Recommended Posts

NVRK Newbie

NVRK

Posted
Posted

I have one question regarding the passive income for H1B visa holder.

Can H1B Visa holder have income from forex trading by trading a proprietary trading firm capital?

I got a contract from FCFF (https://www.firstclassforexfunds.co/) which is prop trading firm located in Holmdel, New Jersey. This contract is about forex trading with prop firm capital, not with my own funds. If i get profit from forex trade, then profit will be split into 80:20 ratio (80% to me and 20% to prop firm) and this profit is taxable. I am not responsible for losses. This prop firm pay the profits through deel payment (deel is like ADP payroll), located in SFO, California.

Can i sign the contract, if it won't have impact on my H1B visa status?

Thanks,

Link to comment

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
Go to topic listing