“You can’t take it with you,” is an American saying that means money and worldly possessions are left behind when you pass on — they don’t follow you into death. Sadly, the same often applies to your credit history when you move to the United States.
For decades, newcomers to America have learned this the hard way. Arriving with virtually no American financial history, it can be next to impossible to get credit. No credit or poor credit can make it extremely difficult to get a:
The United States has long been a destination for economic opportunity. Immigrants have a significant history in American business as contributors and creators. They have labored in fields and factories, and immigrants have also built some of the largest U.S. businesses. There are many types of U.S. work visas and other statuses that may provide employment privileges in the United States. The rules for each can vary.
This is not a comprehensive list of all possibilities, but we’ve compiled a list of some of the more popular U.S. work visa types. Continue reading
If you’ve already moved to the United States or if you are planning to move to the U.S., there are actions you can take to get your tax affairs in order. It’s important to plan your finances before you become liable for U.S. taxes or find the U.S. trying to tax your worldwide income.
If you’re planning to stay in the United States for an extended period, it’s best to know what your tax status would be and plan accordingly. If you are planning to immigrate, Continue reading
TN visa status allows Canadian or Mexican professionals within a certain set of occupations to work in the United States. It’s a nonimmigrant status that can be continually renewed. Because many TN professionals live and work in the United States for many years, they often end up meeting a future spouse in the United States. Once married to a U.S. citizen or permanent resident spouse, TN professionals may generally apply for permanent residence (green card). Although TN visa holders may adjust status to permanent resident, there are some special considerations that should be reviewed before applying. Continue reading
Whether you are a temporary nonresident alien in the United States or you’re planning to move to the U.S. permanently, there are actions you can take to get your tax affairs in order. It’s important to know your tax resident status and what specific tax obligations some with your situation.
Planning your finances before you become liable for U.S. taxes or find the U.S. trying to tax your worldwide income can save you a significant amount of money. Continue reading
United States immigration laws provide a variety of ways to apply for a green card (permanent resident status). The different paths come through family relationships, employment, refugee/asylum status, diversity lottery, and several special immigrant classes .
However, the vast majority of immigrants apply for a green card through a family relationship. For example, 66% of the 1.1 million people who obtained a green card in 2017 were in a family-based category according to USCIS statistics. Continue reading
For immigrants arriving to the United States, the American tax system can be a very new and confusing concept. In fact, the U.S. tax system is so complex that most natural-born Americans have difficulty filing each year. As a general rule, U.S. tax law applies to you if you live in the United States or spend a significant amount of time here.
In the United States everyone with income above certain levels is expected to file a tax return. That’s not true in all countries around the world. In many countries, the government withholds taxes from paychecks, and the individual never has to directly file an income tax return. The Internal Revenue Service (IRS) is the U.S. agency responsible for collecting taxes.
Whether you are a lawful permanent resident or an undocumented immigrant, it’s important that you get a basic understanding of your tax filing obligations. Continue reading
Traditionally, getting a personal loan when you have no U.S. credit history can be difficult. Lenders in the United States use their own credit system to evaluate borrowers’ ability to pay back loans. Young adults and new immigrants are examples of people that haven’t developed a credit history yet. These aren’t people with bad credit – they just have no credit history. For new immigrants or foreign visitors, obtaining a loan without that U.S. credit history is challenging. But there are several options. Continue reading
How New U.S. Immigrants with No Credit Can Establish Good Credit
If you’ve just relocated to the United States, your financial history gets a fresh start too. For some, that might be a good thing. Unfortunately, it makes getting established very challenging. Immigrants with no credit history in the U.S. will find it difficult to rent an apartment, buy a car, or even get a cellphone plan. It’s necessary to build a credit history before you can make any major purchases that require a loan.
Even if you had an excellent credit history in a previous country, that record cannot be transferred to the United States. U.S. credit reports only contain information on U.S. lenders and creditors. However, with a little work immigrants with no credit can establish good credit in just a few months. Continue reading
The U.S. immigration system can be overwhelming. CitizenPath is the leading online service for helping you prepare USCIS forms. Our service was created by lawyers, but we are not a legal service. For individuals with more complicated cases, including applicants with a criminal history or immigration violations, we recommend the help of an immigration lawyer. And we want to help you find an immigration lawyer.
You deserve a good lawyer. While the most experienced lawyers tend to be more expensive, there are plenty of skilled immigration lawyers if you know how to find them. Regardless if you’re working with a lawyer in private practice or non-profit, it’s important to find an immigration lawyer that is experienced and can help you navigate the complexity of your case. Continue reading