Can a foreign student founder own equity in a startup?

Wilmer-hale, a law firm in Boston, has a good article covering this topic.

According to this article, to work on their own startup: The student founder must have legal status to work in the US first.

Note that Trust Center is not equipped to provide legal or immigration advice. Please visit the ISO and talk to your advisor, or engage legal counsel who specializes in immigration issues to understand the latest rules and to interpret how these rules and policies apply to your personal situation. 

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