Ep 67:Visa to Wealth: Brewing Success with H-1B and O-1 Visas
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We discuss strategies for building wealth in the U.S. while on non-immigrant work visas, specifically the H-1B and O-1 visas.
We explore the complexities of visa regulations, investment opportunities, tax implications, and the importance of compliance with immigration laws.
We emphasize the need for careful financial planning and consideration of individual circumstances when navigating wealth-building strategies as a visa holder.
Takeaways
Building wealth on a non-immigrant visa requires compliance with immigration laws.
Visa holders can invest in employer-sponsored retirement plans and brokerage accounts, but must check eligibility with the brokerage.
Day trading may jeopardize visa status.
Rental property investments must be passive to avoid visa status issues.
Spouses on dependent visas may have limited work options unless they obtain an EAD.
Tax reporting for visa holders is similar to that of citizens, requiring the reporting of worldwide income.
Chapters
00:00 Building Wealth on Non-Immigrant Work Visas
04:36 Understanding H1B and O1 Visas
07:41 Wealth Building Strategies for Visa Holders
10:01 Investment Opportunities for H1B and O1 Visa Holders
15:10 Real Estate Investments and Legal Considerations
20:14 Starting a Business on a Visa
23:12 Tax Reporting for Visa Holders
25:10 Cross-Border Wealth Management
33:22 Path to Green Card and Citizenship
Episode Links and Resources
Ep 58: Tech Job Layoffs & Visa Chaos: Survival Tips For Foreign Workers
Michael Kitces - Navigating Challenges When Investing For Work Visa Holders
A Visa Holder's Guide to Saving for Retirement in the United States
The IM Café Finance/ Tax Roastery (Store) is Live!
Grab “The Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S.”
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Jane Mepham, CFP (00:00)
How do you build wealth or accumulate wealth in the US when you're on a non-immigrant work visa?
You came to America on a non-immigrant work visa because you wanted to build wealth to better your family. The question is, how can you do this compliantly?
And so in today's episode, we're going to pick two of our favorite visas, H1B and O1, and talk about how you build wealth on those visas and what the key differences are.
Manasa Nadig, EA (00:38)
Jane. So in today's episode, folks, what we are going to do is I'm going to take on the role of the interviewer. And because Jane is the expert in wealth building for people who are on non-immigrant work visas. So at my disposal are all these questions. And so here we go.
The first one.
Jane, before we can even jump in to all of the nitty gritties, let's start with, for those people who may not be aware, and you're listening first time to our podcast, how does one get an H1B visa and an O1 visa, which we're talking about today?
Jane Mepham, CFP (01:26)
Hey, you know, I love talking about these visas. Part of it is you and I actually started on the work visa. So let's just jump right into it. The H1B visa, which is the one almost everybody knows about or has heard about you typically get it one when you have a professional job offer. So you definitely have a company that's going to sponsor you and they're willing to pay what's called the prevailing or higher wage.
and you have a bachelor's degree or higher. So they have to apply for you to get the visa. Now, before I go too far, we only have 85,000 of these allocated every year. 20,000 of those are given to those who have a master's degree. And of course we know rules have been changing a ton. And so in the last maybe six, seven months, there's been a lot of changes.
And you probably want to talk to an immigration lawyer as to the specific changes, but that's a general idea. Now within the H1B visas, again, which everybody knows about the 80 K ⁓ what is normally given to you by private companies, like let's say Meta or Amazon or one of those companies. There's also what's called the non exempt H1B visas.
This one is really not number and these are given to people working for, let's say, not public companies, like government companies, universities, those type of places. So if you're going to get one of those sponsoring you, at least you don't go into the 80 K. And then within this category, there's one more called the H1B1 visa that you get if you're from Singapore or Chile.
And pretty much everybody in any part of the country can actually get the H1B visa. Now let's talk about the ⁓ O1 visa. The O1 visa has been called the Extraordinary Ability Visa. Before it used to be called, I think it was a Hollywood type of visa. All those people that came from, you probably know a few of them, actors and actresses. ⁓ It's also been called
sometimes the Einstein visa, but basically it means you have a skill set that's missing in the country. And so you have a company willing to sponsor you because you have that extraordinary ability. Big difference between the two. This one, you get it for three years, the H1B. You can extend it indefinitely, but you have to do it every year, which is a pain.
the H1B visa, you get it for three years, you can renew it for another three years. And then after that, you can do it per year. But it all depends on where you are on your journey on the immigration journey. And we can talk about that a little bit. Does that answer your question?
Manasa Nadig, EA (04:27)
Yeah, it raised more though.
Jane Mepham, CFP (04:30)
Okay, sure,
let's keep going.
Manasa Nadig, EA (04:33)
I know, right? Okay.
So I know that there's a lot of talk these days, at least for those of us who are in this space, because these are the people we follow, immigration attorneys on all of the various different social media handles, right? So we keep listening to all of these things that's going on with the H1B and the O1 and whether one can move from one to another and so on and so forth. But
without having to dig into that on today's podcast. Can we quickly talk about the different type of classifications that I know that you just went through it, but can we talk about it in a little more detail about who your employer can be for an H1B visa and or an O1 visa?
Jane Mepham, CFP (05:21)
absolutely.
Right. So the O1 visa really, it can be anybody. It can be any company. And like I said, the H1B, it can be any company. The key thing is you are employed by that one. Think of them almost like your visa holders, right? At a higher level. So if you're working for Meta and you want to move to Amazon, it's not as simple as, I interviewed with him and saw a move. They have to do like a visa transfer. So
Manasa Nadig, EA (05:41)
Mmm.
Jane Mepham, CFP (05:53)
That's what makes it sometimes very challenging because when you're on this, you have to stay with that employer. And one thing I talk a lot about is you cannot go do like a side hustle for example, because that's really is illegal under your visa classification. So the key thing is whoever the employer is, whoever is holding your visa, that's who you work for. H1B and again, talk to an immigration lawyer.
There is a possibility of getting what's called ⁓ two H1Bs, but that's something you really wanna talk to an immigration lawyer about ⁓ as to whether you can get that or not. So I think I'm just gonna leave it at that for now.
Manasa Nadig, EA (06:36)
Yeah, yeah, I know. So the next question then, and now we're really getting into the wealth building aspect of it. Right, so we talked about who can get it and who your employer can be. And if you're on an H1B visa, there is a certain minimum amount of earnings that you can get. So you expect to get at least 80K, right?
Jane Mepham, CFP (06:46)
Sure.
Manasa Nadig, EA (07:03)
⁓ Now, when we are talking about wealth building and if they're married and their spouse is with them, and your spouse is well qualified and educated and you're looking to see if they can also be earning money and building wealth or helping you build more wealth.
Jane Mepham, CFP (07:15)
Mm-hmm.
Sure, t-t-
Manasa Nadig, EA (07:27)
Yeah, let's talk about that then, Yes.
Jane Mepham, CFP (07:29)
Yeah,
so one thing we all talk about is two people earning an income is better than one person. And one of the saddest things I've seen is where you have a spouse accompanying whoever got the visa first, and they are very highly qualified and they come here and they cannot work because it would be illegal. So if you're the spouse accompanying the primary visa holder, you get what's called a dependent visa. So like I think it's
H visa, it's an H4 and I think always whatever the number is anyway, but it's a dependent visa. On the all dependent visa, you can never work unless you get your own different visa. The H1B visa, you do have the option to work at some point depending on where you are on the H1B visa journey. So most people really want to try and get the green card so you get the whole process started. And once you start going down that
process, think when you get to like the, want 40, ⁓ section anyway, again, I keep saying, talk to an immigration lawyer, but at some point during that journey, you can use pals can actually get, ⁓ an EAD and work. The beauty of that is if you get the EAD, the employment authorization card, you can work for anybody. You're not limited to like a specific employer.
And so what we say is if you're at that stage, go ahead, find a job, at least two people earning a better than one. But before you get to that stage, don't try and work because again, that's going to be illegal. But at the same time, you can try and get yourself an H1B visa if at all possible. Does that answer your question? Okay.
Manasa Nadig, EA (09:16)
yeah, yeah.
Lots of possibilities definitely if your spouse can also work. So that definitely aids in the wealth building part of it. now that we have talked about this and let's say there's one or two, there's definitely always one person earning money, but let's say there's more than one also, great.
Now, what are the type of investments that someone on an H1B or an O1 visa can invest in? And what would be a big difference between the two if there is any?
Jane Mepham, CFP (09:56)
So you can invest in anything and I'm qualifying anything. Let's start with the employer's retirement plan. So if you're working for a big employer, they probably have a 403B, a 401K, whatever the retirement account is, you're able to invest in that account because the rule is you're eligible because you work there, right? So you can...
go ahead and invest in any of them. And it's the same thing with the O1 visa holder. You can also open brokerage accounts, know, sure. I'm not going to say you can do it at Fidelity. You do need to check if the brokerage company will allow you to open an account on that particular visa. So you find situations where let's say John is working for XYZ company in
the retirement plan is that XYZ brokerage and he's able to open an account. But if he goes outside of the work retirement and wants to open a brokerage or a taxable account or a Roth account, he's not able to because a lot of these companies don't want to deal with foreign national. So that's the thing you got to watch out for. And for both visas, it seems to be the case. Now as to what kind of accounts you can invest in,
you can invest in anything, right? By that, mean a taxable account, ⁓ a 401k, a Roth account. But this is where we now go into when we're doing specific financial planning for you, we'll talk about are these accounts appropriate for you? they may not be like a Roth account may not be appropriate for you because of where you're going to end up going back to. Something else I talk a lot about is
These are non-immigrant work visas. So the assumption is at some point you are going to leave the US, right? So we need to keep that in mind. And so when we start investing or helping you invest, you need to keep that in mind that I may have to leave the US at some point. I may not be here permanently. so you need to kind of, this is where it depends on the ⁓ individual situation. You really need to think about
what's appropriate in my situation, but almost everything is doable. One more thing I do wanna put here, do not day trade. Day trading is where you're constantly going in, selling in and out a couple times during the day. The biggest issue is IRS considers that a hustle like a job. So it's almost like you're doing
a second job. So if you do that, you could easily mess up your legal status. So do not day trade, please. So you really need to be thinking long-term, I buy into, let's say an ETF or a mutual fund, and I just let the thing ride. Does that answer the question you're thinking of? Okay.
Manasa Nadig, EA (13:07)
⁓ yeah, totally.
I can think about quite a few people who've had to keep their hands off of their day trading just because they were on an H1B. Although it's very attractive, you know, to be watching your investments go up and down. But you know what? I was recently listening to this podcast. mean, aside from this, it did say,
that boring is beautiful in finance.
Jane Mepham, CFP (13:43)
I totally
agree with you, investing should be boring. You need to just invest and leave things alone.
Manasa Nadig, EA (13:48)
Yeah.
Exactly, exactly. And that's a sentiment I think like would be doubly true if you're on an H1B or an O1 visa is please just leave it alone. ⁓ So yeah, that was a lot of good stuff there. And ⁓ yeah, we'll come more into the cross border aspect of it as we talk, but speaking of investments, I know that, we've talked about
this on a different episode as well about the fallacy of comparing yourselves to other people. We do that a lot. But I get this question a lot from my clients who are on different visas. Can we invest in a rental property? What do you think about that, Jane
Jane Mepham, CFP (14:39)
Sure. With a lot of caution. So if you're going to invest in a rental property, you cannot manage the thing. Okay. And if your spouse is not on a work visa, they're not allowed to work. They cannot manage the thing. So you can be what's called a passive investor.
where you just put in the money and you let somebody else manage it. You cannot be fixing the place. You cannot be the toilet broke. I went to fix it. So basically you cannot really almost have anything to do with that. And so in terms of not messing up your legal status, you just probably just need to stay with your primary job or your
your primary employment. And I know, like I said, a lot of people do want to invest in, in rental, in, in real estate. But if you really, really want to invest in real estate, you can consider funds or REITs that actually invest in real estate and go for that. But again, do not, I can't say this enough, especially in today's environment, do not try to make extra money as tempting as it is by
investing in a rental. And along the same line, the other question I've also seen is, I start a company? Can I start an LLC? Sure, you can, but again, you cannot be part of managing this thing. There is the whole idea of, and again, I'm going to go back to talk to an immigration lawyer first before you go down this path.
where you can start your own LLC, can start a company and they can file your H1B visa for you. But again, everything you do needs to be passive, not active.
Manasa Nadig, EA (16:40)
Yeah. You actually jumped one question really quick, but coming back to the rentals, let me, also add in a couple of points here, because like I said, this is a question that we get a lot. There are many different classifications when you go into investing in rental properties. Okay. If this was a house you lived in,
Jane Mepham, CFP (16:44)
⁓ sorry. ⁓
Sure.
Manasa Nadig, EA (17:06)
and now you've bought another house and the old house is being rented. You know, there are many different situations here, right? Now, from a tax point of view, what happens are these classifications become really important because of how these losses from these rentals become deductible on your tax return,
There are different classifications. This one, of course, is the totally passive investment. Then there are others which are a real estate professional, which kind of can give you an active participation in the rental. And therefore you can deduct some of these losses that can be applied against your other income. Very tempting, very tempting. But remember what Jane just said,
because you have to remember what visa you're on. And especially this term gets thrown around a lot. And the term I'm talking about is STRs, short-term rentals. Everybody wants to get on that bandwagon. though is it right for you? And how will that affect your immigration status? That's something that you really need to be cognizant about.
When you are doing your taxes and let's say you have rental properties, then you have to be very cognizant about how are these classified on your tax returns. They have to be passive investments. They cannot be classified as a trade or business. So that's very important. And I cannot tell you how many people go down that path. And I'm not sure if it really affects their immigration status or not, but
Hey, we don't know the IRS and the INS are now talking to each other more than they used to So, well, yeah, speak to your attorney.
Jane Mepham, CFP (19:04)
the way, as you said, stop comparing yourself with those who are citizens, for example, and they're able to deduct those losses from their rental of properties. I think you really need to keep your immigration status in mind and make sure you're really staying, just stay focused on what you came here for in terms of who brought you here legally. Just stay on the right side of the law. That's all we're saying.
Manasa Nadig, EA (19:11)
Mm-hmm.
Mm-hmm.
Mm-hmm.
oof
Exactly, exactly. Now, next question. I know that you already spoke briefly about this, people starting an LLC or starting another business or having a side gig and all of that. And you already told us that you can, but you shouldn't be actively managing it. So it should be, again, ⁓ a passive investment. And we won't go down too deep into that because there's
Jane Mepham, CFP (19:33)
Mm-hmm.
⁓ yeah.
Manasa Nadig, EA (20:00)
all sorts of other things that we want to cover today. But one thing that I want to quickly ask you, Jane, and if you don't know this and if people should go to an attorney, that's fine. But just kind of, yeah. Now I get this question a lot. Hey, my wife just got, she's on an H4 and she just got an EAD. Can we start an LLC for her? And can she be an independent contractor because she's on an H4 with an EAD?
Jane Mepham, CFP (20:12)
That's okay.
So.
Manasa Nadig, EA (20:30)
what
would you know what because that is a way to build wealth I know that at all having an LLC being an independent contractor has different tax ramifications again we are going to focus on wealth building today
Jane Mepham, CFP (20:45)
Yeah. So, so let's, let's actually think this one out loud when you think about it. So you get the EAD, that's employment authorization. It does not limit you to who can hire you. And that's the beauty of that EAD. You literally can work for anybody up to and including working for yourself. So at this point, I would say, yes, you can, but the primary holder cannot be a part of
this thing you're starting over here. And I think that's the key thing. Yeah. And I think that's all I'm going to say about it. But again, I would not take any of these steps without obviously talking to an immigration lawyer and possibly a tax attorney. It's not worth messing up your status because you made a mistake, but yeah, I'll say you probably can, but with a lot of advice.
Manasa Nadig, EA (21:38)
Sure. Noted then.
Jane Mepham, CFP (21:40)
Okay.
Manasa Nadig, EA (21:42)
now I'm going to the next question, which is obviously kind of my area. anyway, we'll bring it up because it's an important thing. Now you've got all these investments. Let's say you also have a passive rental property and your wife or your spouse, sorry, I keep saying that. Your spouse is on an H4EAD.
Jane Mepham, CFP (22:03)
You
Manasa Nadig, EA (22:08)
and they're working. ⁓ Now you are on your way. You've got money coming in and you've got all these opportunities. Now what happens to your tax reporting? Is it different from others or is it more or less the same?
Jane Mepham, CFP (22:24)
⁓
What I'm actually going to say is why don't I let you answer that question because this is your space. Go for it, Manasa. Go for it. Tax reporting on a work visa.
Manasa Nadig, EA (22:35)
All right, folks. Yes,
yes. Especially if you are on the way to build wealth and you have all of these different investments. Well, you're a tax resident of the US at this point in time. So all of your tax reporting is more or less the same as everything that the citizens and the green card holders
Jane Mepham, CFP (22:41)
Mm-hmm.
Manasa Nadig, EA (23:03)
come under. So you have to file all your taxes, you have to file all your worldwide income and report all your worldwide assets. And you have to show all of these earnings. And remember what we just talked about, all of these investments have to be passive investments, unless of course, the spouse is on an H4EAD and you're working for yourself. That's the only exception that I can think of.
But then if you are working for yourself and you have an LLC, then you have to think about quarterly taxes, self-employment income and self-employment taxes, and all of that good stuff that goes with it. So that's the tax reporting part of it, Jane.
Jane Mepham, CFP (23:51)
Okay, and I
think I won't anything else to it. You're good. Yeah, yeah.
Manasa Nadig, EA (23:54)
Yeah, I know. All
right.
So now the next one that kind of comes up now, we're talking about tax reporting and I just said foreign assets and all of that. Now let's go back to the wealth building aspect of it. We already know, yes, ⁓ worldwide assets, foreign compliance, $10,000, F BAR FATCA, PFICs the whole nine yards, everything. But that is the foreign part.
Jane Mepham, CFP (24:19)
Everything, yes.
Manasa Nadig, EA (24:23)
Now we're talking about US wealth building. Now, you briefly touched upon this earlier about investing in Roth IRAs, et cetera. But when you are talking to somebody who is on an H1B, H4EAD or O1 visa, and they come to you and they say, I have X amount of money which is invested back in this country that I'm from.
and I have this much money here, how do you marry that into their wealth building plan? What do you take into account as far as their cross border footprint goes?
Jane Mepham, CFP (25:02)
So there's a whole idea of if I'm going to be in the US for let's say three, four years, for example, which is how long the H1B visa lasts and the O1 visa lasts the first time. And I know for sure I'm going to be leaving. The goal would be to kind of try and leave your stuff quote unquote outside, right?
we're going to try and not marry the two too much, if that makes sense. But on the other hand, if you tell me I'm going to be here for the long haul and I'm only going to leave if things don't work out. And we know right now that's a big possibility. I'll go back to, we know the U S is in terms of, uh, uh, finances. The U S is still
at the top. So there's no reason not to invest here. And this is where I'd really want to be investing. And so I'll say, let's look at your portfolio. Let's look at everything you have. So you don't have, let's say $10 million in XYZ and you only have a hundred K here and we're being very conservative. Does that make sense? I'll answer your question. ⁓ Okay. Okay. And then the other thing was, sorry, we'll talk a lot about is
Manasa Nadig, EA (26:23)
Absolutely. Yeah.
Jane Mepham, CFP (26:29)
because of currency fluctuations with what we are seeing a lot of now, I really think you should invest in the currency you're planning on spending the money. So I was talking to somebody the other day and they know for sure they are leaving the US in the next two years. They're going to some European country. And so in that situation, it makes sense for them to keep
Manasa Nadig, EA (26:50)
Hmm.
Jane Mepham, CFP (26:57)
money that they're going to be spending when they go there in euros over there. But if you're really going to be here for the long haul, my thing is I'll still go with investing most of it here. Does that answer it?
Manasa Nadig, EA (27:12)
Yeah, absolutely. It definitely
answers it. And one other thing that I kind of wanted to add to that is, we see people who are now in the US on an H1B or ⁓ an O1 visa and either they want to buy a house because they want to have their own house to live in, or they find that the opportunity to do business here or
grow their wealth here is better than in the country that they are from. And their family is wealthy enough for them to be able to send them money to, order to get all of these things put into place. So we, we talked to these people who have money coming in from overseas or they're repatriating their own funds, which they had accumulated back in the country where they were.
So now when you do that, obviously when the transfer of funds happens, depending on who it's coming from, there are reporting requirements and we'll link those episodes in our show notes. But there's the other aspect to it also that now, you know, they have these funds that are investable in the U.S. So then you have to go back to everything that we just talked about earlier and keep that in mind. You're still on the visa though.
when you're investing these funds, you have to keep all of that and be cognizant of all of those. Well, lack of a better term restrictions. Yeah. Sorry. Yeah.
Jane Mepham, CFP (28:37)
you
Wait, actually, actually, let me say something else to that. No, no, you just raised a
good point. So you get sent money over and you're investing here. The thing I talk so much about is to your point, we need to keep an eye on your visa restriction. So let's use an example of maybe India, because we know how the visa situation goes for people who are getting it now and they want to get the green card.
it could be years and years and years before they ever get that green card. And so I'm here to say, yes, I know you want to stay, right? And we want to invest like you're going to be here permanently, but I can't ignore the fact that this situation may not work out for you. And so as I'm helping you invest again, I need to consider.
Manasa Nadig, EA (29:15)
Mm-hmm.
Mm-hmm.
Jane Mepham, CFP (29:41)
the accounts we're putting money in, need to consider the brokerages that we're using. And I need to consider where you're most likely going to be when you take this money out, which is where I'm like, I may say the Roth is not good for you, even though your cube mate has been talking about the Roth as being the best thing for you. may not be the best choice for you. So I think it all comes down to
Manasa Nadig, EA (29:56)
Yes.
Jane Mepham, CFP (30:08)
Yes, we can invest in the US market and we should, and we should be globally diversified. So it's not just the US. You want to invest in funds or ETFs, for example, that invest outside the US, for example. But you can't ignore your visa situation. That needs to be front and center. And there's one more thing I'm going to talk about, but let's, come down to that in terms of just
planning to ensure you don't lose your money because that's part of building wealth.
Manasa Nadig, EA (30:43)
absolutely. And one other quick thing. my God, this is just huge. There's so much here just on this one thing, right? The cross border footprint. Now, speaking of what Jane was saying earlier, you're here sort of temporarily on this work visa. And depending on what country you're from, you don't know how long you might end up being here. Then you also need to keep in mind
Jane Mepham, CFP (30:52)
Mm-hmm.
Manasa Nadig, EA (31:11)
When you're going to leave, are you going to leave the funds back here in the US? And how are you going to keep them invested? One, how are you going to keep control of them? Two, and how are you going to keep tracking them? Okay. I'm just going to have to stop there because this is just going to keep going otherwise, right?
Jane Mepham, CFP (31:30)
Yeah.
And so building wealth is building it, but also making sure you don't lose it. So that part that you just talked about, and let's come back and do a new episode on this is how do you ensure that once you've built your wealth on a work visa, you don't lose it. Yeah. Let's come back to that. think there'll be, that's like the whole episode. Yeah. Let's do that for the next, next show. Yeah. Yeah.
Manasa Nadig, EA (31:54)
Yeah, yeah, yeah,
But, then really quickly before we, wrap all of this up with a pretty little bow one thing is, and then you just kind of alluded to it and we talked about it a little bit. Now the H1B and the O1, the path to green card and then therefore afterwards, if you want to, a US citizenship or not.
depending on how you feel about things. Of course, we already know that depending on which country you're from on that H1B, the path to citizenship and green card is different. Now, can we just quickly wrap this up by pointing out what would your considerations be if that was different? Let's say, you are going to be
Jane Mepham, CFP (32:43)
Sure
Manasa Nadig, EA (32:48)
or you're almost there, you're going to get a green card and therefore maybe you will end up staying here.
Jane Mepham, CFP (32:54)
So first of all, the path is a little different, as you said. So with both visas, your sponsor can apply for the green card for you and their situations are where you can actually do what's called self sponsorship. wouldn't do that right now. So we'll just assume that your employer is doing that for you. Two things to watch out for. H1B is what's called dual intent, which means
while I'm in the U.S., I can actually, which is a non-immigrant visa, right? I can actually apply for an immigrant visa, which is a green card. So it's almost like contradictory, but it allows you to do that. What that means is while you're going through the process of applying for the green card and then hopefully, you know, get your ⁓ U.S. passport, you're able to leave. So it gives you more freedom.
within the H1B, I will say the H1B1, remember Chile and Singapore, those are not dual intent. O one is dual intent, but under very specific conditions. So if you're going to apply for a green card, again, talk to your immigration lawyer because there are situations where it's not considered dual intent and that could bring complications for you. So
Yes, both of them, you can get the green card, obviously where you're coming from and your case and all that stuff really determines what happens from the green card to citizenship and being able to not lose your wealth. That's going to be for the next episode. Don't get me started down this path because we'll be here for another hour. So let's, let's do this with the next one. How do you not lose the wealth that you've just accumulated?
Manasa Nadig, EA (34:41)
Yeah, that's so cool. All right, folks, this has been a good one today. We got through 10 Q &As, on building wealth in the US if you're on an H1B or an O1 visa. We will, of course, revisit these topics, but we'll consider other visas. And
If you go to our website, we have a beautiful checklist. It is 50 plus more pages of a wealth of information, a checklist that you will need if you are on a non-immigrant work visa, but have to or want to leave the US. It kind of goes through everything, timeline and beautifully outlays everything that you need to do to keep your wealth.
built all of these years in place and it's just it's just a fantastic checklist so go out there and get it and we'll see you in another two weeks all right signing off for now
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The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.