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purem4g1c

EAD + Crypto Currency / Stocks Question

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Hi there,

 

I was not sure what sub forum to put this question hopefully I am in the right place. :)

 

I am going to my interview in a week and a half and after that I will be going to the US. I will have to apply for an EAD after marriage and was wondering are you allowed to sell/buy cryptocurrency & stocks without your EAD card? It's not technically a job but it does generate income in another way but not sure how the government sees it.

 

Thanks.

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1 minute ago, purem4g1c said:

Hi there,

 

I was not sure what sub forum to put this question hopefully I am in the right place. :)

 

I am going to my interview in a week and a half and after that I will be going to the US. I will have to apply for an EAD after marriage and was wondering are you allowed to sell/buy cryptocurrency & stocks without your EAD card? It's not technically a job but it does generate income in another way but not sure how the government sees it.

 

Thanks.

I think it is, in fact, a job......it's self-employment.....and yes, an EAD would be required, imo.


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1 minute ago, missileman said:

I think it is, in fact, a job......it's self-employment.....and yes, an EAD would be required, imo.

I see how stocks could be "self employed" because you may need certain credentials such as SSN etc to buy/sell them.

 

What about Crypto Currency? There is much less regulation regarding it so it may by definition not be considered a job.

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I would just keep a bank account in your home country and use the funds from there and not worry about it...

 

 Use that bank account to from any increase or decrease.

 

Of course it's a grey area, It like if you had rental property in your home country and you came to the USA on K1 waiting for EAD, what are you suppose to stop receiving rent from your renter.

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Just now, purem4g1c said:

I see how stocks could be "self employed" because you may need certain credentials such as SSN etc to buy/sell them.

 

What about Crypto Currency? There is much less regulation regarding it so it may by definition not be considered a job.

An EAD gives authority to work and do business in the US.......It has nothing to do with regulation, imo.


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Posted (edited)
1 minute ago, Falcon Cara said:

I would just keep a bank account in your home country and use the funds from there and not worry about it...

 

 Use that bank account to from any increase or decrease.

 

Of course it's a grey area, It like if you had rental property in your home country and you came to the USA on K1 waiting for EAD, what are you suppose to stop receiving rent from your renter.

Your example is passive......Actively selling a commodity from inside the US  is not.

Edited by missileman

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  • 2-year Green Card received in mail: 7/15/17
  • I751 mailed to Dallas PO Box: 3/28/2019
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1 minute ago, Falcon Cara said:

I would just keep a bank account in your home country and use the funds from there and not worry about it...

 

 Use that bank account to from any increase or decrease.

 

Of course it's a grey area, It like if you had rental property in your home country and you came to the USA on K1 waiting for EAD, what are you suppose to stop receiving rent from your renter.

Hmm, yeah but they may not like you working on US soil at all as far as I know. :P

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1 minute ago, purem4g1c said:

Hmm, yeah but they may not like you working on US soil at all as far as I know. :P

Yea, it's called unauthorized work...and it's illegal....


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Retired 20 year US Air Force Missileer

Retired Registered Nurse with practice in Labor/Delivery, Home Health, Adolescent Psych, Adult Psych

Retired IT Professional, Software Developer, Database Manager

 

Immigration Journey:

  • Texas Service Center after transfer from Nebraska
  • Consulate :Taipei, Taiwan
  • Marriage: 7/30/2015
  • I-130 NOA1 : 4/27/2016
  • I-130 Approved :9/8/2016
  • Case received at NVC: 10/11/2016                               
  • Case # and IIN#: 10/24/2016
  • AOS Fee Invoiced:10/24/2016  
  • AOS Fee Paid:10/25/2016
  • IV Fee Invoiced:10/24/2016  
  • IV Fee Paid:10/25/2016
  • DS-260 Completed: 10/28/16
  • Scan Date:11/9/2016
  • Supervisor review: 12/21/16 
  • Checklist: 1/13/17 
  • Case Complete: 4/10/17
  • Interview Date: 5/8/17 
  • Visa  "ISSUED": 5/10/17
  • Visa and Passport in hand/Flight to USA Booked!!!: 5/12/17  
  • POE Dallas DFW on June 22, 2017
  • SS Card received : 7/3/2017
  • 2-year Green Card received in mail: 7/15/17
  • I751 mailed to Dallas PO Box: 3/28/2019
  • I-797 extension letter  for ROC dated 4/2/2019  MSCxxxxxxxxxx received: 4/6/2019
  • Biometrics apt received for 4/25/2019: on 4/12/2019
 

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