My Stats:H1B (IT engineer)-Full-time
My Wife: H4EAD
I am also very good at some sport. But I have not won any International/National competition. (Not qualified for EB1) But I am Internationally certified Sports Coach.(Not so Popular Sport in USA). I want to coach upcoming athletes of USA to get International Accolades via coaching.
My wife is planning to start a coaching club (Profit Oriented Business). Since I am the coach for the same sport. I can help setting up the business. Mainly for coaching. Rest of other business activity she can take care of it.
Here is the problem. I learn from my reading that I can't coach with any profit oriented(Company/Individual) despite that I will not charge(Volunteering) to my wife for coaching her students. In short I coach student and student pays to my wife or her company.
Here is the problem:
I learn that solution to this problem is to file H1b concurrent. For that She/Her company has to file petition for me. As per my calculation, She would make only 25K Profit Per Annum.
Below is my questions
1. Is my understanding correct that i can not help her in coaching due to my visa limitations ?
2 is H1b concurrent is possible for me? I wonder how this is possible as she don't have any business history. She would only earn 25K. Even she split to me. I may get hardly 15K per year. I really don't how to do that for such small business venture. Same time I will only work and and when she need me for coaching at the max 10 Hrs a week. But Sometimes i will not have any coaching in any week. If she files H1b Concurrent. So many legal obligations. Like she will to have to pay me irrespective coaching occurs or not. Very tricky situation.
3. is it worth doing this venture (filling H1b Concurrent)? Jeopardizing my case for just 25K+ ?
4. Is that possible that along with her company I start also Non Profit Body(own by me) and whatever earning i have from coaching (Charging students) i will spend it sponsoring bright students. (Buying equipments and take them to tournaments. I meant i will spend whatever I will earn. A real Non Profit Organization. )
5. Any other advise you wish to give me in this situation?
My Wife: H4EAD
I am also very good at some sport. But I have not won any International/National competition. (Not qualified for EB1) But I am Internationally certified Sports Coach.(Not so Popular Sport in USA). I want to coach upcoming athletes of USA to get International Accolades via coaching.
My wife is planning to start a coaching club (Profit Oriented Business). Since I am the coach for the same sport. I can help setting up the business. Mainly for coaching. Rest of other business activity she can take care of it.
Here is the problem. I learn from my reading that I can't coach with any profit oriented(Company/Individual) despite that I will not charge(Volunteering) to my wife for coaching her students. In short I coach student and student pays to my wife or her company.
Here is the problem:
I learn that solution to this problem is to file H1b concurrent. For that She/Her company has to file petition for me. As per my calculation, She would make only 25K Profit Per Annum.
Below is my questions
1. Is my understanding correct that i can not help her in coaching due to my visa limitations ?
2 is H1b concurrent is possible for me? I wonder how this is possible as she don't have any business history. She would only earn 25K. Even she split to me. I may get hardly 15K per year. I really don't how to do that for such small business venture. Same time I will only work and and when she need me for coaching at the max 10 Hrs a week. But Sometimes i will not have any coaching in any week. If she files H1b Concurrent. So many legal obligations. Like she will to have to pay me irrespective coaching occurs or not. Very tricky situation.
3. is it worth doing this venture (filling H1b Concurrent)? Jeopardizing my case for just 25K+ ?
4. Is that possible that along with her company I start also Non Profit Body(own by me) and whatever earning i have from coaching (Charging students) i will spend it sponsoring bright students. (Buying equipments and take them to tournaments. I meant i will spend whatever I will earn. A real Non Profit Organization. )
5. Any other advise you wish to give me in this situation?