Is an F1 visa holder permitted to start their own business ...

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<< Back to: Immigration (USA) FAQ: GC and Citizenship questions and answers (part 6 of 6)

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Question by Daniela
Submitted on 3/6/2004
Related FAQ: Immigration (USA) FAQ: GC and Citizenship questions and answers (part 6 of 6)
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Is an F1 visa holder permitted to start their own business in the US (as a sole proprietorship or corporation)? Is some sort of a INS permit required?

Answer by Aslam Elec
Submitted on 4/29/2004
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You can start a business, that's easy and no requirement needed. However as long as you are on F-1 student visa you can not acquire any income from the business, that would be accepting employment.

Answer by rubyshoe
Submitted on 5/17/2004
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Why would you start a business that you cannot aquire income from? Does that mean you can only run at a loss? Confused. Would like to start business in my own name, but what would be the point?

Answer by KAEDE
Submitted on 7/9/2004
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Come on ! Offically F1 student cannot get any INCOME, however there are a lot of ways that you can "DRAWING" the money when you get profit.

Answer by Alex
Submitted on 8/26/2004
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What kinds of "DRAWING" do you have in mind?

Answer by Neo
Submitted on 3/3/2005
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Hey, open a business and let your close friends/relatives in your native country enjoy the profits ! (However, I am not sure about the legal stuff)

Answer by Ted
Submitted on 3/25/2005
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How do I get information about F1 rights?

Answer by Max
Submitted on 3/27/2005
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Hi My friend is an F1 student and he has this dating site and has invested everything. If you can show in your business 60 K at the end of the year. Can he change his visa to a business visa.Does his partner have to sponsor him.

Answer by anonymous
Submitted on 6/23/2005
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what are then the ways to "DRAWING " the money

Answer by margie
Submitted on 8/6/2005
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how can you draw the money? I am a f-1 who would like to have a franchise? thank you for your help p.s: do you have to fill anything with the INS?

Answer by bobby
Submitted on 8/29/2005
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yes, you can start a business when you are on f1 visa.But,you have to start on other person's name who is having a valid visa(who can work legally and earn income).You can put the investment(partnership) and you can take the partnership in the property.For example start a business with your current owner and put some investment in the business and take the percentage in the property.

Answer by tamaya
Submitted on 9/13/2005
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this "income" means payroll income. you can get business profit income like you get profit from stock investment. you can't on payroll without INS permision.

Answer by Shel
Submitted on 2/8/2006
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Could you recommend some of those ways?

Answer by the truth
Submitted on 3/7/2006
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well so long as purchases and comsumption are listed as "Business Expense" using a business check card there should be no problem. However be careful when transfering amounts above to $10000 to your personal business account.

Answer by abdul
Submitted on 5/7/2007
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How do you built up credit for your corporation if you start a business on your F1 visa?

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