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Top 9 passive income ideas for h1b visa holders

passive income ideas for h1b

There are passive income ideas for h1b visa holders but working on an H1B visa is a difficult job. There are many restrictions and conditions that must be met in order to maintain residency in the United States while working.

One way to make money while on an H1B visa is through passive income such as investing in stocks, real estate, cryptocurrency etc.

These are just a few of the many things that H1B visa holders can do to make money when they are working in the United States. The question is, do you have what it takes?

Now to begin with, lets look at what h1b visa is all about and the eligibility

H1b passive income

what is h1b visa?

The H1B visa, otherwise known as the “temp worker” visa, is a nonimmigrant visa that allows citizens of certain countries to work in the United States for a period of up to six years.

The H1B visa is typically used by skilled workers who are not able to find a job in their home country, and who are needed in a particular field of work.

who is eligible for H1-B visa.

To be eligible for the H1-B Visa, you must have at least 12 years of work experience. this could be a combination of further education and work experience. of course the applicant must hold a bachelor’s degree or its equivalent in other to be eligible for this type of work visa.

passive income ideas for h1b visa holders

Passive income is one of the most popular ways to make money online, and it can be a great way to support your career while you’re waiting for your green card. Here are five passive income ideas for h1b visa holders:

#1. Start a blog

Blogging

If you have writing skills, starting a blog can be a great way to make passive income. You can create a blog to share your thoughts and experiences with your readers, or to promote your work or services.

Whatever your reasons for starting a blog, there are many ways to make money from it. The most important thing is to have a good strategy for monetizing your blog and to be consistent.

One way to make money from your blog is to sell advertising space. You can monetize your blog through google AdSense, affiliate marketing, other third-party advertising platform or by selling your own ad space. You can also sell sponsorships or e-books.

#2. Invest in stocks.

stock market

Investing in stocks to make passive income is a great way to build wealth over time. By investing in stocks, you are essentially buying a piece of a company that will continue to generate income for years to come.

This can provide you with a steady stream of income that you can use to supplement your income or to save for future goals. If a person invests in the stock market, they might get dividends from their investments which can be used to support themselves financially

There are a few things to keep in mind when investing in stocks.

  • First, make sure that you have a solid understanding of the market and the different types of stocks.
  • Second, be sure to research the company you are investing in.
  • Third, invest in stocks that you believe will be worth the investment in the future.
  • Finally, be patient – it can take years for your stock investments to pay off.

#3. Freelancing

Freelancing

If so, you may want to consider freelancing. Freelancing is a great way to make money online and can be a great way to make passive income as a h1b visa holder in US. there are different platforms for freelancing, eg. feverr, Toptal, Upwork, PeoplePerHour, Flexjobs Freelancer.com etc

However, you can get started on these platforms for freelancers

When you freelance, you are essentially self-employed. This means that you are in charge of your own income. You set your own rates and work as much or as little as you want.

One of the great things about freelancing is that you can work from anywhere in the world. This can be a great way to make money as a h1 visa holder. It is also a great way to build your portfolio

You can work as an SEO expert, graphic designer, programmer etc. Your work (niche) depends on the skill you have.

#4. Invest or mine cryptocurrency

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.

Also check Top 10 Tips to Help You Invest in Cryptocurrency Wisely

One way to make money on an H1B visa is by investing in cryptocurrency. invests, the value of their assets will increase overtime which will allow them to have greater purchasing power.

It offers the potential for high returns in a short amount of time, while also being relatively low-risk.

Cryptocurrency investment/Mining has become increasingly popular in recent years due to the incredible returns that some cryptocurrencies have achieved. For example, Bitcoin has increased in value from $0.003 in 2010 to over $6,000 in 2017. This represents a return on investment of over 20,000,000%. Other cryptocurrencies have also experienced substantial price increases, resulting in large profits for investors.

Despite the high returns available in the cryptocurrency market, investment in cryptocurrencies is not without risk. Cryptocurrencies are highly volatile

#5 Airbnb

AirBnB

Another great way to way to make passive income while on h1b visa is through AirBnB. simply by generating rental income by renting out a room in your home.

For some people, the best way to make money is by renting out a room in their home. This will give them income while they are at work and allow them to still live in the home.

There are many people who use Airbnb on a daily basis to generate rental income because of it’s convenience and flexibility. Many people also like to use AirBnB because they can keep the whole house.

If you’re thinking of starting an Airbnb business, there are a few things you need to know.

First, consider what kind of Airbnb business you’re interested in. There are three main types of Airbnb businesses: short-term rentals, long-term rentals, and vacation rentals.

Short-term rentals are perfect for people who want to make a quick buck. You can rent out your home for a single night or for a few days.

Long-term rentals are perfect for people who want to make a living from Airbnb. You can rent out your home for a few weeks or a few months. likewise Vacation rentals

#6. Rent out your car when not in use on Turo on h1b

To start off, renting out your car can be a great way to make some extra cash while on h1b visa in US. when you’re short on time.

You can rent out your car to people who need to get around town, or who are traveling for work. You can also rent out your car to tourists who are looking for a convenient way to go round the town.

Yes, And Turo can actually help you achieve that!

Turo is a company that lets people rent out their cars when they aren’t using them. This is similar to Uber or Lyft, but it’s cheaper because the car owners are not responsible for fuel or maintenance. By renting out your car on Turo, you can make some money while it’s not in use.

To get started, all you need is a Turo account and a valid driver’s license.

Once you have an account, you can search for rental cars in your area.

You can choose from a variety of rental options, including hourly

Summary

In this article, we listed about 9 ways you can make passive income as an h1b visa holder, which are investing in stock, cryptocurrency, blogging, freelancing, Renting out your car when not in use on Turo, renting your space on Airbnb i hope we have been able to help you with few points to you get started.

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