Making Passive Income On Your H1 B Visa legally - Including all FAQs
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- Опубліковано 28 лип 2024
- A lot of people have asked us for tips to make passive income on H-1b Visa legally.
While you are on an H1B visa, you can work only for your authorized employer specified on your I-129. However, there may be reasons that you want to generate passive income while on H-1B visa but outside of your work.
Most ways of generating passive income on an H1B visa are prohibited. However, there are a very few select ways that you can generate additional income outside of your H1B authorized job. We discuss those and a lot more FAQs in this video.
Watch the full video because we answer a lot of questions towards the end of it.
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2:01 Can I operate that airbnb income under LLC while on H1B?
Great video!
Can someone on H1b create social media content and be a influencer but the Ssn/ bank account of that channel is of the spouse who holds h4 EAD?
very good and focused video.
Thanks for the info, Being on h1 b visa can I get money from Instagram monetize and paid partnership?? And do the f
product reviews getteting rebase and bonus??
Basically if you monetize you will get 1099 and that has to be reported so ideally no you shouldn't be making money
@@itsokyaaarthank you , I see so many f1/h1 holders are monetizing their Insta and UA-cam channels. How that can be possible? Can you please help me on this
@@itsokyaaar can we give bank account of home country and do UA-cam and paid partnership like brand sponsoahip kn f1/h1b visa?
Great info. I am on H1b and my friend is sending some amount every month to my account via Zelle in order to send to her Indian account since I have NRO account but she doesn't have. Is it acceptable or have any impact?
Yes that should not be a problem
What is "substantially a lot of money"?
H1b cannot get 1099-MISC .
Airbnb / Turo is not allowed.
Generation rent through lease even 10s of properties is allowed.
Airbnb and turo is allowed if you are hiring authorized person to take care of business. You can’t personally manage booking or clean up the apartment or drop off/pickup car or cleaning car.
Not a legal advice, just sharing what I have understand from my research
@@Ajaykganesh yup in that case it’s allowed as you are not actively involved
How about selling 2 used items in entire year on ebay and received a 1099-K ? Is this a violation H-1B status?
That shouldn't be a problem ideally. But make sure you show that in your taxes.
Can H1B holder do affiliate marketing for passive income ?
It's a grey area
Hello Mam , my husband is going to USA for MS studies and I am going with him with dependent visa can I do forex day trading for everyday money is it legal ? Or can I be able to open demat account for forex trading in dependent visa
Not sure if you can open trading account because h4 visa holders don't have SSN. they get an ITIN number. Basically, you can't earn money on h4 visa, until you get EAD.
Hello mam, can F1 students invest in cryptocurrency and stock markets
Yes but not day trading
can we do day trading ..
It shouldn't become a significant source of your income
What about a UA-camr? Can h1-b be a youtuber?
They can. But can't monetize
Investing in stock market while on H1B is the dumbest idea.
Care to elaborate?
@@itsokyaaar stock market logic in US is entirely different from and india and too complicated. Most people end up losing money if they donot consult a stock analyst. But US stock analysts charge too much on consultation.
How is it different and complicated? You can always invest in index funds if you don't have the risk appetite. Regardless stock market works the same way globally. Noe is a good time to invest too
Op probably missed a *not