Immigration Issues/Trasfer of H-1B to E-2
QUESTION: Dear Sir,
I am on H-1 and wife on H-4
My employer is winding his business in a month or so.
I remitted into the US about $ 55,000.00 from abroad and also sold a property in Pakistan to a company doing business in US and they paid $ 50,000.00 to me here in the US.
I had purchased a convenient store with that money. Which is in business and has employed 3 US nationals on that.
Can I file a petition for change of status from H-1 to E-2, based on the investment?
ANSWER: Yes, their is a possibility for E-2 but I will first need to know your total investment in the store.
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QUESTION: The total values of the convenient store is $1,000,000.00 and my investment share is 40%, and 40% for my daughter and 20 % for a friend.
This question is too detailed to properly assess. For example how you valuated the store, total investment in U.S. dollars etc. needs a detailed analysis and should require further consultation with an experienced attorney as emails are inadequate to discuss all issues involved. You may contact us at www.ashleykrishnan.com