Mistakes Non-Residents Make Opening A US Bank Account

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  • Опубліковано 4 гру 2024

КОМЕНТАРІ • 36

  • @jc_duenas
    @jc_duenas 8 місяців тому +2

    Great video as always James, good to hear from you!!

  • @Akeem_768
    @Akeem_768 7 місяців тому +2

    When it comes to address it depends on the bank. Wells Fargo & BOA opened mines based on word of mouth but a relative of mines Got a letter from USPS change of address online for less than $2, it was mailed to where he was staying (Air BNB) a few days after, he then took the letter & opened a bank account & that's where the bank sent the cards for him. For this to work you have to be in the US for atleast 2 weeks. I also have an international bank account from Ocean Bank in Miami but the opening deposit is high

    • @enkitechtiendaonline2034
      @enkitechtiendaonline2034 6 місяців тому

      very intresting, could you pleasee go deeper explaining details, it was just any letter? a letter from where, how that person new about that letter to change the address of it

  • @lofi_lake
    @lofi_lake 8 місяців тому +3

    How do I get business card or credit card as non US resident?

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому

      I think that's what I talk about in the video. Need proof of address and to go and apply

    • @lofi_lake
      @lofi_lake 8 місяців тому +1

      @@JamesBakerCPA Amex denied business card application saying not having credit history

    • @proro485
      @proro485 8 місяців тому

      ​@@lofi_lake You could checkout another video where he discusses how to get credit card as a non us resident. It's on his channel.

    • @proro485
      @proro485 8 місяців тому

      ​@@lofi_lake You could checkout another video where he discusses how to get credit card as a non us resident. It's on his channel.

  • @kadirismail8007
    @kadirismail8007 8 місяців тому +1

    I have LLC register in New York as non us
    But I am not having in fact not allowed to open Business account.

    • @Washa-g4s
      @Washa-g4s 5 місяців тому

      Have you managed to get the bank account?

    • @Washa-g4s
      @Washa-g4s 5 місяців тому

      @Siri786-9 it is only possible once you form your LLC & get your EIN. That's what I know.

  • @syebethel
    @syebethel 4 місяці тому

    So can you have a residential address in a different state as your LLC? I chose a WY LLC, but my relatives live in FL and GA.

  • @saccaro4699
    @saccaro4699 4 місяці тому

    yes, they don't accept mobile bill, just energy or others services

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      Well all the banks are different. Chase still wants a mobile bill. But bank of america and others don't

  • @ahmadnaweedrustami7354
    @ahmadnaweedrustami7354 6 місяців тому

    At 2:44 you show a text about proof of address that says "it must show your name & address of your residence" but you also say that we can use our friend's property. How is that going to work? Because my friend's name will be on the utility bill not mine.

    • @JamesBakerCPA
      @JamesBakerCPA  6 місяців тому +1

      Need to order another utility in your name

    • @ahmadnaweedrustami7354
      @ahmadnaweedrustami7354 6 місяців тому

      @@JamesBakerCPA except Truelease, is there any other entity offering this? Because Truelease is expensive and this proof of address is required almost everywhere now.

    • @Dawe957
      @Dawe957 Місяць тому

      @@JamesBakerCPA I could order a new fixed internet/phone line for that at the property?

  • @AhmadNuaymi
    @AhmadNuaymi 6 місяців тому

    Hey James, have you confirmed if vonage works?

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      Does.for some people at some banks

    • @janalu4067
      @janalu4067 4 місяці тому

      ​@@JamesBakerCPA You should start a granny agency - team up with some grannies/grandpas and other people who need a buck. You could prepare a legal agreement that enables them to safely rent out their residental address for account opening purposes. Maybe 5 accounts max per home. Sounds like a good side hustle to me.

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      @janalu4067 I love the idea. I have many solutions for my clients and this isn't often needed. If you figure it out I'm down. My 6 ways to get an address video is good.
      The problem is trying to explain this to old people. It's a really weird concept for most people especially the elderly

  • @ahmedelghamrawy543
    @ahmedelghamrawy543 7 місяців тому

    Is there any new news on BOI

  • @MrLelokh
    @MrLelokh 8 місяців тому

    I Live in Brazil and I want to open an US account to sell bitcoins and use dollars all in world by credit or debit card. Which bank do you recommend?

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому +2

      One of the online Puerto Rican banks in the bank ranking video I talk about one I put that video out last week

  • @Pretahouse
    @Pretahouse 8 місяців тому

    And what happens if you have a problem with that bank, you have to return to US, because those banks only want to deal with you in person. Then, you fix a thing, but create more problems in the future.

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому +1

      Well that's why I say always have many options. Most of my clients don't have to come back to fix problems but sometimes accounts do get closed

    • @enkitechtiendaonline2034
      @enkitechtiendaonline2034 6 місяців тому

      @@JamesBakerCPA and in that case the banks give an option the take out the money in there without going back to the us

    • @wisamamr5514
      @wisamamr5514 4 місяці тому

      @@enkitechtiendaonline2034 No when they close the account they send a check to your residential address by mail to collect it, therefore do not open a US bank account without having a real residential address and other active US bank account to deposit the check they have sent to you, I had this experience when I opened my bank account with Chase and then they closed it because we failed to provide my spouse state ID card due to delay on mail.

  • @وحیداحمدکاکر-م3ي
    @وحیداحمدکاکر-م3ي 7 місяців тому

    i used a vartual usa phone number and vartual address in creating usa wise account but my wise account was bended back 😥

  • @me-me-me-me-me
    @me-me-me-me-me 8 місяців тому

    If I ask for my friend's bill, it will not have my name in it?

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому +1

      It will not! You need to get your own

    • @me-me-me-me-me
      @me-me-me-me-me 7 місяців тому

      @@JamesBakerCPA ok, so I didn't understand what should I ask to my friend in US? 🤔