Questions concerning government regulations or corporate practices that apply specifically to people who are not residents (or not citizens) of the country in question.

learn more… | top users | synonyms

1
vote
1answer
13 views

Filing FBAR if I wire transfer to my parents Account?

Do I need to file FBAR if I send $25000 to my fathers account in India?
1
vote
0answers
44 views

Where do I have to pay taxes?

I'm a Canadian citizen doing a rotational program with an international company based in UK. I'm paid by the American holdings office, and I was living and working in California between September '14 ...
0
votes
1answer
22 views

U.S. stock sales- tax on sale for NR Canadian

I am a Non-resident Canadian living in Thailand on a Retirement Visa and my non-residency status dates back to 2013. I have no income except for CPP,. OAS, and a company pension all of which total ...
2
votes
2answers
29 views

Proof of address for bank account for UK spouse of Tier 2 work visa

My colleague has a Tier 2 visa to work at our company here in the UK (probably for the next 5 years). He and his family are from Indonesia. Bills are all in his name, but his wife is not being allowed ...
5
votes
1answer
38 views

Applicability of form W-8BEN-E / W-8BEN to an Indian citizen

I am an Indian citizen residing in India. I have started working as a consultant for a US-based company since June 2015. I have submitted my first invoice to the company (I will be getting paid in ...
1
vote
1answer
13 views

Should an employer file a tax withholding exemption form for non-resident workers?

I'm classified as a non-resident alien because I don't pass the Green Card Test or the Substantial Presence Test. My income is, according to this, not U.S. based, even though I get money from an U.S. ...
3
votes
1answer
34 views

Tax implications of receiving cash bonus from bank for a non-resident alien

Suppose that a non-resident alien, who occasionally visits the US as a tourist, but who also happens to have a social security number (issued while being on an academic visa many years ago), opens a ...
1
vote
1answer
43 views

Is US citizenship and/or residence requirement for “accredited investor” status?

I've been reading about founders fund, and i'm wondering (since this is not listed anywhere in the documentation) - is it possible for a non-US resident or citizen to participate?
1
vote
0answers
33 views

Is it possible to open a US bank account without being physically present or having a SSN/EIN? [duplicate]

I want open business bank account in Michigan. I have not SSN. I have EIN. My friend is in Michigan. I don't want to go USA just for open Bank account. Is this possible to open business account online ...
1
vote
1answer
18 views

Can PPF be withdrawn by NRI or Overseas Citizen of Indian origin

I want to invest in PPF, however i might move out of India permanently(read overseas citizen of indian origin) or earn NRI status. Will I be able to withdraw the money upon maturity after 15 years?
1
vote
1answer
34 views

Fund transfer from NRO to NRE a/c

I have transferred money from overseas to Indian savings a/c. when I went back to India I have opened NRE a/c and status of my savings a/c changed to NRO a/c. My question is can I transfer fund from ...
1
vote
1answer
47 views

Australian stocks - any dividend tax or capital gains tax?

Can someone please provide some information on this? I would like to invest in Australian companies and want to know about the tax rates. Am a foreigner who is non-resident.
4
votes
1answer
55 views

WHEN should I realize capital gains before going from non-resident alien to resident alien in USA?

I have read this post (How to realize capital gains before going from non-resident alien to resident alien in USA) and would like to ask a follow-up question. It's understood that capital gains ...
1
vote
1answer
113 views

Tax on foreign currency brought into India?

My brother is considering to bring USDs from Saudi and get them converted here. He's had trouble remitting through banks since he doesn't have iqama at the moment. So, if we get $s converted in India, ...
1
vote
1answer
32 views

Do I owe NRI tax on excess per day allowance that I have saved?

I work for a multinational IT company, based out in India. At the beginning of 2014 I came to Europe for office work for a short term duration. But then the stay got extended and I happened to stay ...
5
votes
1answer
88 views

Do Canadian citizens have to file Canadian income tax returns even when living abroad?

American citizens are required to file taxes from abroad and to declare all world income. Is something like this also a requirement of Canadians when not residing in Canada? Does anyone have any ...
2
votes
1answer
61 views

When is it required that a non-resident alien file tax returns in the U.S.?

I am a non-resident alien as per US IRS definition. I generate some income from the US on account of book royalties and advance from a U.S. publisher. I am otherwise employed full-time in India and ...
1
vote
0answers
65 views

What Capital Gains are owed for a Non-resident owning stock in US C corporation when it is acquired?

Would a non-resident alien (no connection to the US apart from the company) owning founder/CEO stock (not stock options) of a private US corporation have to pay capital gains tax in the event that the ...
2
votes
1answer
30 views

Do I need to amend my tax return and change withholding rates?

I am in US on a F1 visa. While working on OPT, F1 visa holder does not have to pay social security and medicare taxes. However my spouse in on H1B visa. Since we file jointly we pay social security ...
3
votes
2answers
94 views

How to realize capital gains before going from non-resident alien to resident alien in USA

I am a foreigner and will move to USA next year (2016) and want to optimize my tax situation beforehand. I bought stocks in 2009 which appreciated in value but I would still like to keep them. So my ...
2
votes
0answers
38 views

Receiving $10,000 grant from U.S company as a UK citizen using W-8BEN form, how much is taxed before and after using a tax treaty?

I'm going to be travelling to America to take part in a fellowship/scholarship/training program ran by an American company. I am a UK citizen. I am receiving a $10,000 grant from the U.S company and ...
1
vote
1answer
68 views

Indian Demat account

I just converted my savings account to NRO and created a new NRE account. Now the bank is asking me to convert my demat to NRO demat where I need to close my exising demat account and open a new NRO ...
3
votes
0answers
104 views

Indian won a contest in US. I got 1042-S claiming 30% tax. How to file?

I won a contest and the sponsor paid the money without withholding tax against my W8BEN. I am Indian citizen and I have to file taxes to US from India. I have received 1042-S claiming that I have to ...
0
votes
1answer
53 views

Resident Alien after substantial presence test, and employer did not deduct FICA for that year. What to do?

My F1 visa started in Aug 2009, so 5 years ended in 2013 inclusive. 2014 counting 183 days, I would be considered a resident, but my employers exempt me from FICA on the pretext that I was on F1 visa, ...
0
votes
0answers
89 views

Income tax filing for F-1 OPT student non-resident in California

I am an international student currently working full time on F-1 OPT status. In 2014, I worked as an intern for 3 months in California. I am confused if I should be filing 540NR short form or long ...
0
votes
0answers
53 views

Is interest from US Savings Bonds subject to nonresident alien tax withholding?

A person received some US Series EE Savings Bonds when he was a child. He was always a nonresident alien for US tax purposes and he is not from a treaty country. The Bonds matured in 2001 and has ...
0
votes
1answer
152 views

Please help - Complex F1 visa OPT tax question with 5 years presence, exempt FICA

I have found much information about this online, in that if you have been in F1 visa for over 5 calendar years, you can be considered a resident alien for tax purposes. However, my situation is sort ...
2
votes
1answer
100 views

Transferring money from Indian NRE account to UK

I am living in the UK and I need to get some money from India to UK to purchase a property. My father will be gifting me the money and he has the money in his NRE account(he is NRI).IS there any tax ...
1
vote
2answers
51 views

Filing as Dual Status or Non-Resident if entered and exited the US in the same year

I'm a New Zealand citizen who emigrated (I have a green card) to the US in July. Due to some medical issues I returned to NZ in early December. My question is whether I should file as a Dual-Status or ...
2
votes
2answers
554 views

Is Income coming into saving account in India from Dubai is taxable?

I am staying out of India since from 22 Jan 2014 to till now in Ethiopia and now in Rwanda. Between this period i went India for 6 days. I am getting salary (INR) from Dubai based company in my Indian ...
0
votes
1answer
100 views

As a J-1 visa holder, am I allowed to make additional income in the US?

I am living in the US under a J-1 visa. I am thinking of building and launching an iOS application that might bring in some additional income from the App Store (potentially hundreds to thousands of ...
1
vote
1answer
102 views

Tax consequences of working for US company from India

I found a job at a US-based company, and I would like to do all my work for that company while residing in India. My questions are: Can said company deposit my salary check directly into my account ...
3
votes
1answer
955 views

Personal bank account for non-resident in UK

I have just received a job offer in the UK (for a UK company) and i want to open a personal account with a UK bank to receive my salary and avoid international fees. I've read around the web about UK ...
1
vote
1answer
65 views

Worked as a non-resident alien in the US (Canadian citizen and resident) for a few months under a TN visa, how do I file a tax refund?

For a few months in 2014 I worked as a non-resident alien under a TN Visa in the U.S. I am a Canadian citizen and resident. I only worked a few months so I shouldn't have to pay much in taxes, but ...
2
votes
1answer
98 views

Remittance to India from US in an Indian account?

I am Indian citizen working in the US on a non-immigrant work visa. I have a regular savings account in India as well but I dont have an NRE/NRO account. So, will my remittance send to India account ...
2
votes
1answer
80 views

Is a US expat with savings in multiple currencies considered to be investing in the non-USD currency?

I am a US citizen who has been residing and working in Cabo Verde, so have been primarily earning and spending escudos. I have money in checking accounts in both countries, each in the currency of ...
1
vote
2answers
327 views

Non-U.S. Citizen Backpacker Working Remotely for U.S. Company

I've worked full-time in the United States for a software development company with a F-1 Visa (OPT). Now, I am going to be traveling and working remotely for that company. Facts: I am not a U.S. ...
1
vote
2answers
454 views

1040NR-EZ: Previous year's paid state tax & Itemized deductions

I am a using the online-tax software (Glacier) to generate my 1040NR-EZ or 1040NR form, and have paid a state tax in the previous year tax return. For this year's return, I am unsure whether I should ...
1
vote
2answers
347 views

Transfer money from foreign account to Indian bank account?

I wanted to know if it is advisable to transfer money from USA based accounts to an NRE or NRO account in India? Are any of them liable to tax in India or USA ? I am planning to use western union. ...
0
votes
1answer
100 views

State tax issues for NJ resident with DC tax withheld, and likely refunded

Please help this NJ resident with a state tax question. I live, own property, am employed and vote in NJ. In 2014 I traveled to & worked in DC about 70 business days, always staying in hotels. ...
0
votes
1answer
97 views

Trade stocks in USA

What are the conditions for foreign citizens (and non-residents) to trade on American exchanges? I believe it's possible, but don't know the conditions...
0
votes
1answer
81 views

Argentinian wants to work for company in Europe and receive transfers to bank in the US, how to pay tax?

I'm from Argentina, I live in Argentina, and I worked in the US for three months. I have an account in Bank of America. I'm about to start working as a freelancer for a company in Germany and I want ...
2
votes
1answer
84 views

Is gift tax owed when giving money from a non-US person to a US person if the money is originating in a US bank account?

A Person is not a US Person but maintains a bank account in the US when the person was a tourist in the US. This person does not work in the US nor ever stay in the US for more than 10 days in a year. ...
3
votes
1answer
231 views

I filled the wrong income tax form, what should I do?

I am a non-resident alien in the US and I filled form 1040 by mistake, which is for US residents. I think I should fill 1040X and 1040NR by paper, but I am not sure if I should wait until the return ...
0
votes
2answers
647 views

Can a non-citizen claim a US lottery prize on a ticket purchased through a third party?

I used a lottery concierge service to buy a US lottery ticket online. I am not a US citizen. In the unlikely event of my winning, can I claim the prize if I come to the US and have the ticket with ...
1
vote
2answers
332 views

Working in Saudi since aug 14, am I considered as NRI and do I need to pay tax

I am working in Saudi Arabia since aug 14, am I considered as NRI and do I need to pay tax. I applied for NRE account in ICICI bank and application was processed later I was told by officer that I ...
7
votes
1answer
727 views

For a non-resident, Is it worth investing in a 401k?

I'm planning to stay in the U.S. for 3 to 5 years. My company offers a 4% match for 401k contributions. Is it worth investing in a 401k plan with all the fees and penalties? Or is there a better way ...
0
votes
1answer
965 views

Opening US Bank account for US citizen while abroad

I am an American citizen with a social security number, but I'm currently living abroad and am not planning on visiting any time soon, and I don't have any state-issued ID. Is there a bank that will ...
1
vote
3answers
156 views

Question about being a resident

I moved to Oregon in July 2014 from Nevada. I have OR DMV and Voter's registration. Am I considered a resident of Oregon now?
-1
votes
1answer
90 views

What is the best way to increase the earned money staying in US for an NRI?

Im living in US from last 1 year due to work assignment and will be here for another 3-4 years. What is the best way to earn interest on earned money? Shall I send all earned money to India ...