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Query from: javeed Ismail, Ga, USA, 09/28/09

Topic: FINANCIAL MARKETS Submitted on: Ammas.com

Subject: Suggest about Opening Trading Account in US

Can a H4 visa holder open a trading account and do stock trading from home?

(Rated by 2 Council Members)

[ This query closed ]

Response from: R S,
Featured Member on Ammas.com
Source: This information comes from my own knowledge.

If stock trading is treated as semi-active investment of H4 visa holder's own money, my personal opinion is that there is no problem.

Otherwise....then it would be treated as business activity change of visa required.

General conditions: H4 visa holders are not allowed to legally work.

H4 is a derivative of an H1 visa. H4 visa holders are allowed entry to US because they are dependents of H1 visa holder. H4 visa holders are not eligible for Social Security Number.

H4 visa holder may apply EAD only if filed concurrently with the principal's (H1 Visa holder) I-140 petition OR if principal's I-140 petition is pending or approved.

Rate = 3 (Rated by 1 Council Member)

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