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Username: |
Albert |
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location: |
India |
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Date: |
08.05.2010 |
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Topic: Can I
incorporate a US company
and then sponsor my h1b
visa?
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info: Please
wait for a site
operator to
respond.
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[06:34:53]
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info: You
are now chatting
with 'Paul
Sitowitz'
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[06:35:00]
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Paul Sitowitz: Hello.
How may I
assist you?
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[06:35:09]
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albert: hi
i am a non us
citizen
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[06:35:15]
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albert: and
i want to
incorporate a
company
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[06:35:23]
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albert: to
invest in the us
stock markets
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[06:35:28]
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albert: is
it possible?
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[06:35:52]
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Paul Sitowitz: Sure,
that's our
specialty.
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[06:36:35]
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albert: are
there any
restrictions on
LLC to invest in
the US stock
markets nasdaq,
dow jones??
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[06:36:36]
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Paul Sitowitz: You
will need to set
up a U.S.
company (either
corporation or
Limited
Liability
Company, LLC)
and then open a
business /
trading account
for that company
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[06:40:57]
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albert: can
you please
elaborate a bit
on this
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[06:40:57]
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Paul Sitowitz: If
you trade with
your own money
under your own
company's
account, there
are no issues.
There are
restrictions for
someone who
manages other
people's money
and trade for
them.
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[06:41:00]
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albert: Also
can u help me
with the
taxation
issues??
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[06:41:02]
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albert: also
i want to apply
for h1b visa for
some of my
employees??
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[06:42:06]
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albert: so
if i add
partners to LLC
and invest their
money, will i be
allowed to do
that?
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[06:42:23]
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Paul Sitowitz: For
all tax related
issues, we offer
1 hour of U.S.
TAX Consultation
with a Certified
public
Accountant who
can answer any
of your tax and
incorporation
qusestions. Cost
$199
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[06:43:40]
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Paul Sitowitz: For
h1b visa - once
the company is
up and running,
we will
introduce you to
a U.S.
immigration
lawyer who will
be able to help
you with all
immigration
needs including
U.S. H1B visas
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[06:43:58]
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albert: $199
per hour???
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[06:44:33]
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Paul Sitowitz: Correct.
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[06:45:41]
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albert: so
can i invest
other peoples
money??
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[06:47:10]
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Paul Sitowitz: You
can but you need
to qualify. this
is a complex
issue which
involves federal
and state laws.
The CPA who
consult you on
U.S. tax and
incorporation is
also able to
answer those
questions as
well.
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[06:49:11]
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albert: do
i need to
qualify as an
investment
advisor or
something??
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[06:49:45]
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albert: also
is it possible
that i can
incorporate a
company and then
sponsor my h1b
visa??
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[06:51:01]
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Paul Sitowitz: Investment
advisor is one
of the
qualification
that may be
required in your
case, although
it is really
depends on what
you will do for
your clients,
where you will
do it and where
are the clients
located. As I
said, it's
complex, not
something I can
answer.
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[06:51:52]
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albert: also
is it possible
that i can
incorporate a
company and then
sponsor my h1b
visa??
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[06:51:58]
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Paul Sitowitz: H1B
visa - yes, a
U.S. company can
sponsor a
company
executive and
request a visa
for this person
which will allow
him/her to move
to the U.S. and
work for that
comampany.
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[06:52:24]
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albert: is
it very
difficult??
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[06:52:44]
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albert: to
get oneself
sponsored?? and
is it illegal??
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[06:52:52]
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Paul Sitowitz: As
far as the visa
type, it varies
from applicant
to applicant. We
will introduce
you to an
immigration
lawyer that we
work with
closely and
he/she will be
able to help
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[06:54:04]
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albert: kidhar
rehta hai tu??
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[06:55:47]
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Paul Sitowitz: You
too, Albert
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[07:06:19]
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albert: yah
man
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[07:08:33]
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Paul Sitowitz: Anything
else I can help
you with today?
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[07:09:28]
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albert: i
am completely
fed up of my
Indian system
and want to
somehow
immigrate to us
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[07:22:41]
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albert: GOD
BLESS AMERICA
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