investing in a gas station

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 hello , currently i m in a f1 status. i am planning to buy a gas station in partnership with my friend who is also in the same status.we r investing $300000. i wanted to know if this step would be beneficial from all prospectives like i do not have gc but still i want to make the investment and hope to get a gc through this? is this a good step?

hotrod · Nov 20, 2011 3:50 AM · 18,015 views

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no this is not a good step!!the only way you can get gc through gas station is through investment visa and for that you need to atleast invest $500000 and create employment for 10 person and yes dont even imagine of filing a H1 through gas station they will flatly deny you ,,,

nepalishrestha · Nov 20, 2011 11:10 AM

yes you are right my friend but i dont mean to file h1 the next day i buy a gas station. i mean it takes at least 2 to 3 years for the business worth to be filed for a gc.in that time period i can make the business worth $500000 and fulfill the rest of the requirements. does this sound good? and u said "dont even imagine of filing a H1 through gas station they will flatly deny you ,," what does that mean?

hotrod · Nov 20, 2011 12:19 PM

 Where are you? 

Footyfan · Nov 20, 2011 12:49 PM

 i think footyfan is interested in this. what do u say? and then we shall discuss about our locations. 

hotrod · Nov 20, 2011 1:29 PM

investment has to be a one time investment worth $500000 at least...you cant take 2,3 years to make it worth $500000 .......if you have $500000 cash its lotta better to go to nepal and put the money in savings which will yield a 12%interest bro..........then to invest here in gas station .......you cant have your H1 through gas station until and unless its a corporation comprising of 3,4 gas station ..........

nepalishrestha · Nov 20, 2011 1:58 PM

 Hotrod, I'm definitely interested. How're you trying to bring money? Hundi? Where are you? 

footyfan · Nov 20, 2011 2:50 PM

@Hotrod:  You are investing  a huge sum of money and you said your partner is a F1 status too?Is that even possible ? Two F1 status starting  a business.... Secondly, Make sure if you have third party with a GC/Citizen,he  doesn't mesh you or your partner in any case,written and notarized paper needed! Yes, I think its  a viable option but  gonna take some $$$$,patience and time brother! Once you buy it inform us may be som eof us can buy some beer from your store....

sanju.baba · Nov 20, 2011 3:25 PM

Do not; you will not be able to get tabc liscense, lottery and food stamp to name the few.

bizfriend · Nov 20, 2011 6:16 PM

I think one needs to have a PR or is a US citizen or have a work permit in order to do a business. And there's no way you guys can trust anybody for that sum money. Even if u guys trust, I suggest u guys not to, Keep in your mind "We're in America."

dukhurechari · Nov 20, 2011 9:41 PM

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