It is to my understanding that as H1b visa holder you can receive additional income only by passive investments such as Stocks dividends or real state through a third party company that would administer the property and as long as I don’t do any other activity involved in renting or fixing the house but receive money in my account.
1. I this true?
2. If so would it affect my process once I try to get my GC through EB2 category?
3. Is it ok if the property was purchase with a conventional loan or does that even matter?
Thank you.
You can own properties on H1-B, there is no restriction as such.
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H1-B holders can buy and rent properties.
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I don’t think this would affect your GC process as long as you pay you taxes properly.
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Doesn’t matter. BTW, loan approval depends on the credit history and scores.
Thank you very much! just what I needed to hear.