I am an Indian on H1B Visa, possibly the worst country to be from relative to the US Immigration System.

An immigration lawyer told me that I can register a company but I cannot work for it. But later when I find U.S investors who will own equity in my company I can ask them to sponsor the transfer of my H1B Visa to my own company.

This doesn't make me thrilled, but hey - it is something. Sitting on my hands is killing me, so I am moonlighting in the hopes that the lawyer is right, and that I can find investment using only my moonlighting efforts.

If anyone knows better please let me know.