Investment on H1b!

[rt439]

Hi,

I am on H1B working full time. One of my friend who is a citizen is going to start a business outside of my current location. Since he need some additional hand, I am helping him in the investment process giving some money. Can I be a stock holder of the company? If so how can I share my profits legally. I won't be working for that Comany.

Any suggestions would be extremely helpful.

Thanks.

[JoeF]

You can of course be a passive investor, e.g., a stock holder. No problem with that.

If the company eventually becomes profitable (most startups don't) and gives out dividends, you can receive them, and list them appropriately on your tax returns.

[t75]

You can provide funding. It is in you best interest to consult an attorney to protect your financial interests and investment.