Whether or not foreigners or non-US citizen living in the USA and holding work-visas can create a Limited Liability Company or file for Corporation status depends upon the state involved.
S-Corporations may not have non-resident aliens as shareholders; this is an IRS regulation.
Whether or not foreigners can own shares in other types of corporations, or units in an LLC, is dependent upon state laws, as such entities are overseen by the states.
Standard Legal is not aware of any state law preventing ownership of membership by a non-US citizen. However, an individual review of the controlling state’s laws is certainly appropriate.
To incorporate or file for LLC status on your own without the expense of an attorney, see:
Incorporation Legal Forms Software
LLC Legal Forms Software
or
Incorporation via Document Preparation
LLC Filing via Document Preparation