How To Get A US Credit Card For Non-Residents (& Travel For FREE)

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  • Опубліковано 20 лют 2024
  • Are you a non-resident looking to get a US credit card? Look no further! In this video interview, we'll explain the process and give you steps on how to make the most out of your new card, including how to travel for free using credit card rewards. Don't miss out on this valuable information!
    Do you want to learn exactly how you can have a Tax Free US Company and bank account without traveling to the US?
    Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on youtube?
    You can schedule a FREE discovery call with our team with the link below.
    www.jamesbakercpa.com/schedule
    We are hosting weekly Ask Me Anything sessions, you could for limited time access to them free of charge, if you want to expand your business and network, and have access to our Telegram and Discord Server, join us here:
    lt.jamesbakercpa.com/BBHO
    Follow Tyler on Instagram - / 0cardmastery
    **********
    Check out James’ top recommended videos here - these are cornerstone videos that should answer many of your questions.
    -----Longer videos that explain it all!
    How to Legally Pay NO US Taxes - • IRS Secrets: How to LE...
    How to Legally Pay NO US Taxes (part 2) - • Are you a Non Resident...
    -----Guides and How tos
    Annual reporting for a foreign owned multi member LLC (Masterguide) - • Tax Laws for Foreign-O...
    What is Form W-BEN and why do I need it • How to Fill Out W-8BEN...
    Which payments from US Companies are subject to withholding? • Which US Payments are ...
    How to complete Form W-8BEN - • 🧾🔍 HOW TO complete Fo...
    How to complete Form W-8BEN-E - • How to Complete Form W...
    How to get an ITIN - • Get A ITIN Number - W-...
    -----And don’t forget to check out all of the “CALLS WITH JIM”
    • Calls with Jim
    **********
    Do you want to learn how to open and operate a Tax Free Company in the USA even if you live outside the US and don’t have a visa.
    Click here - www.jamesbakercpa.com/offers/...
    Already have an LLC? Did you already complete form 5472 for your company? Did you know there is a $25,000 penalty for not doing this form? I’ve made a short training that explains exactly what you need to do and why so you can get this done quickly and correctly, the first time around.
    Click here - www.jamesbakercpa.com/offers/...
    **********
    Looking for help with your SALES TAXES? Check out a couple of our videos on the topic -
    What are sales taxes? • Do I pay Sales Taxes o...
    What is a resale Certificate and Why do you Need it - • What is a Resale Certi...
    How to get a Florida Resale Certificate, Part 1 - • 📝💼How to get FLORIDA R...
    How to get a Florida Resale Certificate, Part 2 - • Get Your Florida Resal...
    How to file a DR-15 Florida Sales and Use Tax with 0 Sales - • Florida Sales Tax Fili...
    I get asked what company I recommend to help with sales taxes and every time I mention Tax Jar. Once set up, tax jar can complete all of your monthly sales tax filings automatically. If you are looking to solve this problem forever, click this link to find out more about what they can do for you. taxjar.grsm.io/jamesbaker7628
    **********
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    Lawyer Disclaimer (Occupational Hazard): This is not legal advice. Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney for advice regarding any particular issue or problem.

КОМЕНТАРІ • 81

  • @user-qm6el4ro1c
    @user-qm6el4ro1c 4 місяці тому +1

    God knows how much i love your channel and can't wait for next videos. You are an inspiration to all of us. Keep up the good work!

  • @kenabartholomew5777
    @kenabartholomew5777 Місяць тому

    This video has been super valuable. Absolutely love it and hopefully see more like this. Will keep you updated when I get setup.

  • @user-qm6el4ro1c
    @user-qm6el4ro1c 4 місяці тому +1

    Amazing channel indeed❤❤❤❤

  • @bfourney
    @bfourney 5 місяців тому +2

    Really good video!

  • @0cardmastery
    @0cardmastery 5 місяців тому +5

    Great chopping up the credit game with you James!

    • @JamesBakerCPA
      @JamesBakerCPA  5 місяців тому

      Chop chop thank you!

    • @0cardmastery
      @0cardmastery 5 місяців тому

      A little FYI, since we spoke last I was approved for the first 0% interest business credit card under the LLC with American Express, using the personal credit profile that I've built up.@@JamesBakerCPA

    • @ICanThrive
      @ICanThrive 5 місяців тому

      Hey Tyler, I have both BOA and Chase CC's, I have an ITIN but neither of these banks are giving me a credit score.
      Chase won't give a score without a SSN and wont accept ITIN. BOA did accept my ITIN but still nothing appearing in my credit score. I checked CheckFreeScore the website you mentioned and it says it was unable to validate my identity.
      In theory I should have a really good credit score by now.
      What can I do to move forwards with this?

  • @martinmmmm
    @martinmmmm 5 місяців тому +1

    I'm confused with the address. So do the ones that don't have a family member in US have to pay for service that makes them the tenant?

  • @m.ehtizan
    @m.ehtizan 5 місяців тому +1

    Hey James, I just watched your video and I must say that it was really informative and well-made.
    I was wondering if I could help you edit your videos and repurpose your long videos into highly engaging shorts? I can also make high CTR thumbnails for your channel

    • @adwentemtv4751
      @adwentemtv4751 2 місяці тому

      Can I get your email or any of your contact so that we talk about business. I need editing service. Thank you

  • @GaJaDreams
    @GaJaDreams 5 місяців тому +5

    Good video and great hints. Small hint in return: the ITIN is not mandatory to get your first credit card and particularly if you start with Amex Global Transfer, there is no reason not to start with a high end card.

    • @JamesBakerCPA
      @JamesBakerCPA  5 місяців тому

      Yes it is a great way to go!

    • @0cardmastery
      @0cardmastery 5 місяців тому +3

      AHH...Yes, this is true for your first card...But, if you want to go deeper into travel rewards or perhaps become eligible for business credit down the road, you will need to build your credit score/profile with your ITIN to be able to get in with other banks. Depending what you mean by HIGH END card, I assume you're referring to Amex charge cards like the green, gold, and platinum. These cards are great for travel rewards as well as perks and benefits. However, these cards do not contribute to successfully building your credit score since they do not report a set credit limit to the credit bureaus. By starting with these cards, you are thinking short-term and putting the carriage before the horse, so to speak.

    • @0cardmastery
      @0cardmastery 5 місяців тому +3

      additionally, your first card should be a card that you are willing to keep forever (Example - a low or NO annual fee card), because it is the backbone of your credit age/history (15% of your credit score). If you choose a high annual fee card like the platinum ($695 annual fee) and decide later down the road the benefits don't justify the annual fee and you want to cancel; you will lose all that credit history, thus bringing down your credit score.

    • @GaJaDreams
      @GaJaDreams 5 місяців тому

      @@0cardmastery Was thinking more about a Hilton Aspire card, which also has a downgrade path to the free Hilton Honors card.

  • @siddbawa
    @siddbawa Місяць тому +1

    Is it possible to get business credit if I open an LLC in the US as a non resident? I need this for business purposes, or I still need to build up credit?

  • @patriciaemiche
    @patriciaemiche 3 місяці тому +1

    This is awesome information - thank you! I'm still confused about the ITIN and taxes - if I'm a non-US resident with an ITIN and an LLC - does this mean I need to file and pay taxes on my income as an individual?

    • @JamesBakerCPA
      @JamesBakerCPA  3 місяці тому +1

      You only pay taxes if you physically earn then income in the US

  • @daviddeutsch8027
    @daviddeutsch8027 2 місяці тому +1

    What's the easiest way to get an ITIN if I don't have to file a tax return?

  • @bertimus7031
    @bertimus7031 2 дні тому

    ITIN s are hard to get. So how did he get an ITIN number???

  • @IrfanKhan-ps8zy
    @IrfanKhan-ps8zy 5 місяців тому

    Hello
    Good video....
    @james, my uncle is in taxes state from last 30 year's
    Can i use my uncle address to open bank account online and also apply for credit Card?
    I am citizen of pakistan

  • @chiagozieoramalugo8869
    @chiagozieoramalugo8869 4 місяці тому +2

    Does a non resident become taxable if they use the address method?

  • @yawarhayat4483
    @yawarhayat4483 5 місяців тому +1

    In my case i am citizen of a country but i am living in b country as a legal resident and which adress should i show and one more thing that i dont have any utility bill registered under my name

    • @0cardmastery
      @0cardmastery 5 місяців тому

      Do you mean citizen of foreign country but living in the U.S?

    • @yawarhayat4483
      @yawarhayat4483 5 місяців тому

      @@0cardmastery No, citizen of Pakistan but living in Oman

  • @muhammadbilaljahangir1373
    @muhammadbilaljahangir1373 5 місяців тому +1

    How we can solve issue of proof of address if we have virtual address...

    • @0cardmastery
      @0cardmastery 5 місяців тому +2

      The virtual address is hit or miss. You can try 24/7 parcel (lynden location), as long as the address doesnt code as a Commercial Mail Forwarding Agency it will work sometimes. If it does, then banks will recognize it right away and deny your application.

  • @user-em5hb9ir6z
    @user-em5hb9ir6z 5 місяців тому +2

    US address has to be a residential address or LLC address is ok?

    • @matthewchrist5399
      @matthewchrist5399 5 місяців тому

      A real streat adress - but there are virtual adresses that are ok, too. But they should not be registert as UBS or so.

    • @user-em5hb9ir6z
      @user-em5hb9ir6z 5 місяців тому

      @@matthewchrist5399 Let's step back a little.. I'm a Non- resident with a registered agent in Wyoming that comes with a registered address to receive documents for the LLC. Is this address ok for the aforementioned address to apply for a Secured Credit Card? Thanks for replying.

    • @JamesBakerCPA
      @JamesBakerCPA  5 місяців тому +1

      Can try!

  • @fengshui2151
    @fengshui2151 Місяць тому

    what good will it be to get a US c card like Amex if there is no intention of moving to such highly-taxed country

    • @JamesBakerCPA
      @JamesBakerCPA  Місяць тому

      Some clients use these cards because they spend so much on ads it end up in a lot of free stuff. US isn't really that highly taxed globally either.

  • @LuisMoreno-xd7mk
    @LuisMoreno-xd7mk 5 місяців тому +1

    Already have a bank account in the US, does the bank statement work as proof of address?

    • @0cardmastery
      @0cardmastery 5 місяців тому +2

      In most cases, sometimes banks will ask for a utility bill with your name on it. But we have a solution for that ;) if you already have a bank account and an ITIN, you’re ready to play ball!
      What bank is the account with?

    • @JamesBakerCPA
      @JamesBakerCPA  5 місяців тому

      A physical bank will.. online banks like relay and mercury usually don't

    • @mannyruiz8493
      @mannyruiz8493 5 місяців тому

      @@0cardmasteryI have my itin and added as an AU on an account but keep getting rejected for credit!

    • @marconini77
      @marconini77 3 місяці тому

      ​@@JamesBakerCPA have a bank account with my llc. Will that work or must it be privately?

  • @matthewchrist5399
    @matthewchrist5399 5 місяців тому +1

    For now, i didn´t heared about the ID -Verification for the banks as a foreigner. Passport?

    • @0cardmastery
      @0cardmastery 5 місяців тому +1

      Usually they will ask for a photo ID from your home country (passport, drivers license etc) and a copy of your ITIN and if it’s a new account a utility bill with your name on it.

    • @matthewchrist5399
      @matthewchrist5399 5 місяців тому

      But on most bankproducts is written for residents only.@@0cardmastery

    • @berkar2
      @berkar2 5 місяців тому

      ​​@@0cardmasteryHi, i watched all Your videos, thank you! My question that i started the process, i have certianly passport, and arrive my ITIN, but how can i get a utility bill easy? I live in Europe, but i have a friend with us address... Which service or what You offer? Thank you for your answer..

  • @kennethpedersen3047
    @kennethpedersen3047 4 місяці тому

    If I get a leasing contract with a friend in the US. Doesn’t that make me have to pay taxes in the US?

    • @JamesBakerCPA
      @JamesBakerCPA  Місяць тому

      It does not

    • @childofsheba3244
      @childofsheba3244 28 днів тому

      It does if you are an investor or like a foreign trust it may be used as domestic with a domestic address

  • @ronyuddin71
    @ronyuddin71 5 місяців тому +1

    I need one

    • @0cardmastery
      @0cardmastery 5 місяців тому

      Do you have a U.S address you can use?

    • @ronyuddin71
      @ronyuddin71 5 місяців тому

      @@0cardmasteryno😢

  • @user-kd6jw1iy8t
    @user-kd6jw1iy8t 5 місяців тому

    Can you please help me to open an llc as an iranian citizen is it posiible ? What ever it cost please

    • @JamesBakerCPA
      @JamesBakerCPA  5 місяців тому

      Well it may not be that useful if you can't open any bank accounts

    • @user-kd6jw1iy8t
      @user-kd6jw1iy8t 5 місяців тому

      @@JamesBakerCPA if i buy a turkish paasport then can i open llc or apply for e2 or eb5 ? I just want to have usa audiences

    • @user-kd6jw1iy8t
      @user-kd6jw1iy8t 5 місяців тому

      @@JamesBakerCPA can i buy a turkish passport with investiment in there and then start an llc ? I want to launch a brand in usa i really need llc how can i get it because i am iranian can i get a turkish passport ??

  • @user-bh7jx6dp2m
    @user-bh7jx6dp2m 5 місяців тому +1

    I have Anytime mailbox... is that okay as address

  • @swapnilvevo1680
    @swapnilvevo1680 4 місяці тому

    I am from INDIA. I have LLC & ITIN in US. I have Checking and Savings bank account of Mercury. but I want credit card of 0% APR For 12 months but I got rejection from all banks like US bank, BOA, Capital one. and reason was I have to be there in US to open account. now I question is how can I open a bank account and have credit card for my business ?

    • @tshepisomolefe9518
      @tshepisomolefe9518 4 місяці тому

      I'm in the same boat as you. Now I'm looking for secured credit cards, Mercury said you need to deposit $25k in your account before applying.

    • @swapnilvevo1680
      @swapnilvevo1680 4 місяці тому

      @@tshepisomolefe9518 yes, I am figuring about now how will I get address for verification

    • @kennethpedersen3047
      @kennethpedersen3047 4 місяці тому

      Will the mercury CC build your company credit score?

    • @tshepisomolefe9518
      @tshepisomolefe9518 4 місяці тому

      I see they allow debit cards now

  • @mendozal
    @mendozal 5 місяців тому +5

    Can the US address be a ipostal1 or similar address?

    • @matthewchrist5399
      @matthewchrist5399 5 місяців тому

      Yes - but ipostal is not good.

    • @0cardmastery
      @0cardmastery 5 місяців тому

      try 24/7 parcel (Lynden location), that worked for me in the past.

    • @nahin1
      @nahin1 4 місяці тому

      @@matthewchrist5399which one is good?

    • @MrAeronx
      @MrAeronx 3 місяці тому

      @@matthewchrist5399which ones do you recommend?

    • @dontysk
      @dontysk 3 місяці тому

      ​@@MrAeronxSame question....

  • @nicksky4642
    @nicksky4642 Місяць тому

    Trust me i been there just doesnt work. I even have a ITIN number. Us credit card want a us SIN number. I try to put my ITIN number nop and I even have a us credit score whit my us rbc credit card

    • @JamesBakerCPA
      @JamesBakerCPA  Місяць тому

      Well I've seen it work many times it just isn't easy.