desi3933
01-12 12:19 PM
I was under impression that being on H1b u cannot do intra-day trading.. you can do only routine trading (don't know exact term) in which u buy stock and keep it for some time and sell it .. generally 3-4 days..
while on H1-B status, one can do intra day trading in stocks, options, and/or futures, he/she can NOT claim trader status on federal tax return. Person on EAD can claim trader status and claim some trading related expenses to save tax on it.
Disclaimer - This is not a legal advice and trading involves risks and is not for everyone. Please seek professional advice before investing your money for trading.
__________________________
Not a legal advice.
US Citizen of Indian Origin
while on H1-B status, one can do intra day trading in stocks, options, and/or futures, he/she can NOT claim trader status on federal tax return. Person on EAD can claim trader status and claim some trading related expenses to save tax on it.
Disclaimer - This is not a legal advice and trading involves risks and is not for everyone. Please seek professional advice before investing your money for trading.
__________________________
Not a legal advice.
US Citizen of Indian Origin
wallpaper Cal gameday t-shirt!
supplychainwalla
04-07 12:16 PM
I am also struggling to get my GC. It is my 9th year in H1B visa. My intention is, atleast we can reduce the period for waiting to get the citizenship. It can also be considered as a good benefit for our community. Just my thoughts...
Why do I get a feeling you are incapable of digesting the concept of "Law of the land". There are certain rules that govern PR & Citizenship statuses ( of all countries)and only land mark & ground breaking edicts can alter such law’s , and that too very slightly. To put it were tersely "this is a bullshit suggestion" and is really wasting the purpose of this forum. The only reason so many people have responded is that it is "THAT RIDICULOUS"
Why do I get a feeling you are incapable of digesting the concept of "Law of the land". There are certain rules that govern PR & Citizenship statuses ( of all countries)and only land mark & ground breaking edicts can alter such law’s , and that too very slightly. To put it were tersely "this is a bullshit suggestion" and is really wasting the purpose of this forum. The only reason so many people have responded is that it is "THAT RIDICULOUS"
Pineapple
02-01 08:17 PM
Good find, waitnwatch,
I really admire those who can navigate thomas without getting hoplessly lost, especially it since it takes me just a couple of clicks to get the feeling I am alone in a very dark cave with no lights :)
But very sharp of you to have unearthed this nugget... now we will "wait n watch" with crossed fingers..
I really admire those who can navigate thomas without getting hoplessly lost, especially it since it takes me just a couple of clicks to get the feeling I am alone in a very dark cave with no lights :)
But very sharp of you to have unearthed this nugget... now we will "wait n watch" with crossed fingers..
2011 T-shirt Designs by Badgurl
marthand
01-23 10:36 PM
This is one hell of a great post - examining different reasons why non-GC holders have or haven't bought a home.
One of the things that we need to understand is that for many of us India still represents that "safe and secure" boat that we really had to jump out of physically to come here to the United States and there is no reason for us NOT to make that transition emotionally, spiritually and in every walk of life. After all we hope to get GCs because we want to make the United States our permanent home. Therefore physically holding a GC really shouldnt decide if you need to buy a home in the US or not - especially if you have 'intended' to make the United States your home permanently.
I bought a home 2 years ago and although the economy and housing market is down - on account of which I have lost a percentage of the value of my home. I am not here to feel bad or complain about it. I do understand that from a financial standpoint there is a level of risk involved in investing in a home with or without a GC, as is with every other thing in life. One thing that we need to understand is that a home is not the investment, or its growth, or its safety and the overly protective need to save it. There is no guarantee that there would have been a reduced level of risk involved by buying a home in India, if we lived there. But that said one must still be very careful to ensure that the delicate balance of measuring the financial ability to buy a home and match it in such a way that it does not hinder nurtuting the family that resides in there. I agree that the financial decision to buy a house to make a home out of it, needs to be done very carefully with great thought in mind such that this investment doesn't hinder the delicate dynamics and quality of life of the family members who are making the house a home.
A home is the fond memories, the happy and sad times, the times of enjoying the unique relationships with each other the God has given us - and the bonds of love and affection that pull the family together - and this must be enjoyed irrespective of the investment and financial obligations it brings, since it truly is a labour of love. A home for each of us is what we strive to make of it; our attitude, ability to love and nurture our family, ablilty to derive peace and contentment from the relationships we have; and a willingness to integrate and assimilate into American Life; since by virtue of getting / accepting a GC we agree that the United States is our permanent home.
One of the things that we need to understand is that for many of us India still represents that "safe and secure" boat that we really had to jump out of physically to come here to the United States and there is no reason for us NOT to make that transition emotionally, spiritually and in every walk of life. After all we hope to get GCs because we want to make the United States our permanent home. Therefore physically holding a GC really shouldnt decide if you need to buy a home in the US or not - especially if you have 'intended' to make the United States your home permanently.
I bought a home 2 years ago and although the economy and housing market is down - on account of which I have lost a percentage of the value of my home. I am not here to feel bad or complain about it. I do understand that from a financial standpoint there is a level of risk involved in investing in a home with or without a GC, as is with every other thing in life. One thing that we need to understand is that a home is not the investment, or its growth, or its safety and the overly protective need to save it. There is no guarantee that there would have been a reduced level of risk involved by buying a home in India, if we lived there. But that said one must still be very careful to ensure that the delicate balance of measuring the financial ability to buy a home and match it in such a way that it does not hinder nurtuting the family that resides in there. I agree that the financial decision to buy a house to make a home out of it, needs to be done very carefully with great thought in mind such that this investment doesn't hinder the delicate dynamics and quality of life of the family members who are making the house a home.
A home is the fond memories, the happy and sad times, the times of enjoying the unique relationships with each other the God has given us - and the bonds of love and affection that pull the family together - and this must be enjoyed irrespective of the investment and financial obligations it brings, since it truly is a labour of love. A home for each of us is what we strive to make of it; our attitude, ability to love and nurture our family, ablilty to derive peace and contentment from the relationships we have; and a willingness to integrate and assimilate into American Life; since by virtue of getting / accepting a GC we agree that the United States is our permanent home.
more...
Saralayar
04-07 09:50 AM
I was wondering if any one in the core or other members think about the next step towards getting citizenship after passing the hurdles of getting the green card. If a person is here for 10 years and then get his green card (average period), then he need to wait for another 5 years to get the citizenship. 15 years for this process in a person's life is too much.
IV Core can push or lobby for a law which can make the person a US citizen, if he is living in US for 10 years legally without any issues and paying taxes for the entire period. It is just my idea.
IV Core can push or lobby for a law which can make the person a US citizen, if he is living in US for 10 years legally without any issues and paying taxes for the entire period. It is just my idea.
spicy_guy
07-14 11:26 AM
EB1 is the brightest not in all ways. If you are a manger in outsourcing company and in one more country u still qualify for EB1. It does not take long to become a manager in outsourcing companys. So how u can break the law or tweak around it works. I know people who were on bench life long in consulting companies in EB2 got GCs.
True to the core! :D
True to the core! :D
more...
CSPAmom
08-14 01:31 PM
I've heard one successful case who's CSPA age was 3 days over, but eventually his lawyer helped him got the visa. I'm hoping I can get some feedback or information on more similar cases. If anyone has ever heard about a similar situation (petition filed before Sep. 11, 2001, aged-out by CSPA, but benefited from Patriot Act 45-days extension), please let me know. Thanks!
2010 T Shirt Designs
prabasiodia
04-08 03:20 PM
I thought visa numbers are available equally per quarter and DOS is prevented from releasing numbers early. How can they say that all the visa numbers have been used (or will be used by April end)?
Q1: Oct-Dec
Q2: Jan-Mar
Q3: Apr-Jun
Q4: Jul-Sep
I think July visa bulletin would bring some good news when numbers for the last quarter along with the spill-over (if any), are released. If USICS is not as efficient we may even see some good advancement. Don't loose hope guys!!
Q1: Oct-Dec
Q2: Jan-Mar
Q3: Apr-Jun
Q4: Jul-Sep
I think July visa bulletin would bring some good news when numbers for the last quarter along with the spill-over (if any), are released. If USICS is not as efficient we may even see some good advancement. Don't loose hope guys!!
more...
pani_6
09-28 02:55 PM
I know Congress passed earlier to recapture loast Visa's..can we urge USCIS to do an Admin fix of recapturing the Visa's based on precedence...why does the congress need to involved again?..
hair Check out their cool designs!
santb1975
04-15 12:33 AM
I will be at all three events as well
I have it in me, and I will be running all of the Team IV events to show my dedication and support for this cause.
I have it in me, and I will be running all of the Team IV events to show my dedication and support for this cause.
more...
snathan
04-10 12:15 PM
http://www.cnn.com/2009/POLITICS/04/09/obama.immigration/index.html
I noticed someone posted this in one other thread. I just noticed this as the 3rd headlines on CNN home page.
Coopheal:
If you really contributed $2400 as you say in your post and if you are really EB3 with PD 2003, then you wouldnt be asking others or me the questions. You didnt list a single action item that makes obvious sense to most people here.
Do you want me also to write below " I contributed $8000 so far".. Do you think it will make anyone to even contribute a $ here unless they see a point. Wake up and come up with a better plan.
what is the point of asking you the question when you are just blank...? is it going make any one's life any better.? I still remember you are not even able to send the $25 check and want to put 'contributed $8000'. Dont you think its funny?:rolleyes:
I noticed someone posted this in one other thread. I just noticed this as the 3rd headlines on CNN home page.
Coopheal:
If you really contributed $2400 as you say in your post and if you are really EB3 with PD 2003, then you wouldnt be asking others or me the questions. You didnt list a single action item that makes obvious sense to most people here.
Do you want me also to write below " I contributed $8000 so far".. Do you think it will make anyone to even contribute a $ here unless they see a point. Wake up and come up with a better plan.
what is the point of asking you the question when you are just blank...? is it going make any one's life any better.? I still remember you are not even able to send the $25 check and want to put 'contributed $8000'. Dont you think its funny?:rolleyes:
hot can bore worms infest humans
smuggymba
05-07 12:33 PM
The present employer doesn't need to know that you're filing PERM with some other company.
more...
house The Top 10 Designs will be
singhsa3
04-30 09:10 PM
Don't get disheartened my freind. I did not intend to come out like that.
But seriously, you do need form a group to handle this issue. IV can at most provide an umbrella , under which like minded people like yourself can organize. We have similar such groups for IV physicians, lawmaker liasion et.
In case you did not notice I asked for a suggestion, not action. And please think a little broad and beyond technical terms, I don't mean Senior in forum (100+ post), I meant someone who has experience to provide suggestions that may have worked previously.
thanks for your "help" with the IV formula
:mad:
If you dont have anything positive to contribute please do not just post comment (to become senior) as it could hurt others morale.
But seriously, you do need form a group to handle this issue. IV can at most provide an umbrella , under which like minded people like yourself can organize. We have similar such groups for IV physicians, lawmaker liasion et.
In case you did not notice I asked for a suggestion, not action. And please think a little broad and beyond technical terms, I don't mean Senior in forum (100+ post), I meant someone who has experience to provide suggestions that may have worked previously.
thanks for your "help" with the IV formula
:mad:
If you dont have anything positive to contribute please do not just post comment (to become senior) as it could hurt others morale.
tattoo Swirls Designs
dipmay2002
07-30 09:23 AM
Something funny seems to be going on with the TSC EAD processing dept. I got my second "Card Production Ordered" email today, saying new card has been ordered on July 29. This followed the earlier email 13 days ago, which said the new card was ordered July 17! Did anyone else have similar experience?
Yes, I also got second CPO email today; first one was on 14th July...USCIS sucks...
Yes, I also got second CPO email today; first one was on 14th July...USCIS sucks...
more...
pictures Cool T-shirts, Excellent
flthere
07-15 12:14 PM
Stupid thought: can USCIS sell spillover visas at premium (say $5k or $10k) rather than distributing them in a socialistic way :D .. even @ $5k, USCIS will gain $200 million in 2010 itself :) And this selling be based purely on Priority Date, neither on the category of EB nor on country. Purely Priority-Date based - just straight out to tackle retrogression overall.
how stupid isn't it?
how stupid isn't it?
dresses T-shirt design quot;Milton.quot;
gsc999
09-20 01:55 AM
There are just too many fond memories to share in one post... but I do want to specially thank leo2606 who drove 70 miles to pick up myself, venkygct, vsraja and punjabi at the Dulles airport and then took us out for breakfast, then to the rally venue, then for lunch, finally to a hotel room we had booked for a quick shower, basically... like a shadow he was with us wherever we wanted to go! And... whenever we thanked him (and gdhiren who co-ordinated pickups/dropoffs for many others like the 4 of us) these guys, instead of saying something like "You are welcome", would profusely thank us for flying in!
Its people... like leo2606 and gdhiren.. and many others are the true strength of IV!
---
Abhijit, great idea you brought your guitar along. It was good to hear some nice music at the rally. Thanks to you and Arun for driving & coordinating the sponsorships. Some good volunteers came out of that effort.
Its people... like leo2606 and gdhiren.. and many others are the true strength of IV!
---
Abhijit, great idea you brought your guitar along. It was good to hear some nice music at the rally. Thanks to you and Arun for driving & coordinating the sponsorships. Some good volunteers came out of that effort.
more...
makeup Category : Design T Shirts
santb1975
04-07 05:14 PM
Thanks for signing up. The good part about these events is they are both Walking and running events so newbies should not hesitate to Join. We picked an event in Houston because Texas had the second highest number of letters for the Admin Fix campaign :)
I am in - along with my husband (and he is going to kill me for signing him up ...he he) for the Houston 5K run - lets start with that and see if I can finish..I'll take on more if I have success with this!
BTW, there is also a kids run for children ages 5 to 15 (K - 8) - my kids won't qualify for it, but those that have kids in this age group can truly train as a family.
I am in - along with my husband (and he is going to kill me for signing him up ...he he) for the Houston 5K run - lets start with that and see if I can finish..I'll take on more if I have success with this!
BTW, there is also a kids run for children ages 5 to 15 (K - 8) - my kids won't qualify for it, but those that have kids in this age group can truly train as a family.
girlfriend We#39;ve seen many cool designs
gsc999
02-02 03:11 PM
Donated $500 today per my promise. Paypal ID #2863392354669581P
Apologies for posting this update on the wrong thread couldn't find the right one.
Apologies for posting this update on the wrong thread couldn't find the right one.
hairstyles T-Shirt Printing for Crew
BharatPremi
10-15 08:35 PM
BharatPremi,
Can you shed some more light on consular processing? I have 140 cleared and am already in AOS and possibly in NC. Is it possible to "jump fence" now or is it too late?
http://www.hooyou.com/consularprocess/index.html
Can you shed some more light on consular processing? I have 140 cleared and am already in AOS and possibly in NC. Is it possible to "jump fence" now or is it too late?
http://www.hooyou.com/consularprocess/index.html
gc_chahiye
10-15 04:25 PM
Their silence also indicates that they may move date substantially (as they dont lose anything by moving forward as all 485 are filed).
its not that simple (otherwise they can make everything C and be done with it). The PD is defined as the last application they could not approve because there is no visa number to assign to that applicant.
THere was a nice description of teh whole process in some earlier thread: they get visa numbers in chunks from DOS. They ask for them as they need them, and there is also some per-month, per-quarter rationing that goes on. Based on that they pick up and approve applications and keep using up visa numbers. They are supposed to pick up applications in order of PD, but do so in a mix of PD/RD. When they get to an applicant who is otherwise approved but they are out of visa numbers for this month, they pick the following 1st, 8th, 15th or 22nd as the cutoff date.
Dates are most likely not moving because:
- they have reassigned everyone to do receipting (as they mentioned in their FAQ)
- some dates in current VB (esp for EB3) have been pushed so far back, that they probably dont have readily approvable applications (preadjudicated)
- they are waiting for a complete tally of July VB filings to get an idea of how to move the dates
its not that simple (otherwise they can make everything C and be done with it). The PD is defined as the last application they could not approve because there is no visa number to assign to that applicant.
THere was a nice description of teh whole process in some earlier thread: they get visa numbers in chunks from DOS. They ask for them as they need them, and there is also some per-month, per-quarter rationing that goes on. Based on that they pick up and approve applications and keep using up visa numbers. They are supposed to pick up applications in order of PD, but do so in a mix of PD/RD. When they get to an applicant who is otherwise approved but they are out of visa numbers for this month, they pick the following 1st, 8th, 15th or 22nd as the cutoff date.
Dates are most likely not moving because:
- they have reassigned everyone to do receipting (as they mentioned in their FAQ)
- some dates in current VB (esp for EB3) have been pushed so far back, that they probably dont have readily approvable applications (preadjudicated)
- they are waiting for a complete tally of July VB filings to get an idea of how to move the dates
angelfire76
04-08 06:42 PM
I will try to explain the process it takes to get qualified for EB1C.
You will need to be outside USA for an year working as an Executive or manager. Come back to USA in that role. So the appropriate visa will be L1A. Most Indian companies require atleast 5-6 years of experience before they look at your resume for a manager. Most of the managers now a days get fired if their targets are not met in couple of quarters. So staying in that position for couple of years it self is a big deal. Now they need to prove the candiate valid for L1A position. Face a visa interview and come here and start working. Even if the same company is sponsering the L1A. Compaines usually wait for an year or two before they file I140. This application wll rot in CIS queue for long enough before they get a decision and GC.
This is the actual process.. If some company works in an apartment in India with one man show and tries to get an L1A, I am not sure if they will get through and get a VISA??? It is quite common that we have more EB1Cs becos, the number of Desi companies have grown. So if you think you are experienced and want to give a shot, try it. These kind of complaints in a longer run will bite us by delaying the applications and building backlogs..
I think it has become a standard process after any visa bulletin. We try to fight on EB2/EB3 or India vs. ROW or AP in India vs. rest of India. This time it happened to be EB1 vs. rest of EB..
The system is already screwed.. Lets not add more delays.. If we want to complain, lets complain about the root cause of the problem.. i.e. CIS wasted visas that caused these backlogs..
Just ask your self a question, if you were given GC tomorrow will you care who comes next or how one comes here??? Atleast I won't. There is a whole department paid to do this job..
Guys who come here on H1Bs and apply? Let us set aside the fraud inherent in L1 visa for another day. The visa recapture is there, but it is also a separate issue which takes a while to accomplish.
You will need to be outside USA for an year working as an Executive or manager. Come back to USA in that role. So the appropriate visa will be L1A. Most Indian companies require atleast 5-6 years of experience before they look at your resume for a manager. Most of the managers now a days get fired if their targets are not met in couple of quarters. So staying in that position for couple of years it self is a big deal. Now they need to prove the candiate valid for L1A position. Face a visa interview and come here and start working. Even if the same company is sponsering the L1A. Compaines usually wait for an year or two before they file I140. This application wll rot in CIS queue for long enough before they get a decision and GC.
This is the actual process.. If some company works in an apartment in India with one man show and tries to get an L1A, I am not sure if they will get through and get a VISA??? It is quite common that we have more EB1Cs becos, the number of Desi companies have grown. So if you think you are experienced and want to give a shot, try it. These kind of complaints in a longer run will bite us by delaying the applications and building backlogs..
I think it has become a standard process after any visa bulletin. We try to fight on EB2/EB3 or India vs. ROW or AP in India vs. rest of India. This time it happened to be EB1 vs. rest of EB..
The system is already screwed.. Lets not add more delays.. If we want to complain, lets complain about the root cause of the problem.. i.e. CIS wasted visas that caused these backlogs..
Just ask your self a question, if you were given GC tomorrow will you care who comes next or how one comes here??? Atleast I won't. There is a whole department paid to do this job..
Guys who come here on H1Bs and apply? Let us set aside the fraud inherent in L1 visa for another day. The visa recapture is there, but it is also a separate issue which takes a while to accomplish.