moving assets before process is finished

[irishleb 0]

Hi All,

I was wondering if anyone has experience with bringing assets to the US before the whole process of approval is finished? My husband and I would like to buy a house, and we would be using his money from Canada for the bulk of it. Is it ok to transfer money to the US even if he does not yet have his visa? More importantly, would doing so somehow slow down or complicate the process? We could wait, but we found a house we just love!

Thanks for any insight!

[Penguin_ie 5,993]

Absolutely fine. In fact it could help, as it shows you are committed to a life in the USA.

We transfered all of our savings ahead of the interview, and bought a house with much of it once transfered. As we were doing DCF, this helped with both the I-864 (sponsoring on assets) and the domicile issue for the USC husband.

[rose1966 0]

I agree and already did the same. After we got married I transfered my money from Germany to our common account in US.

And I have also a question; what do you think about sending furnitures etc. before getting ok from the Consulate? You think they will have some suspicion ? Because me and my daughter are planning to visit my USC husband during Christmas time and afraid if we send the furnitures now, they can see it in their computer (or not?) and think we won't fly back home. Anybody has an experience?

[Wayne and Claudia 40]

I agree and already did the same. After we got married I transfered my money from Germany to our common account in US.

And I have also a question; what do you think about sending furnitures etc. before getting ok from the Consulate? You think they will have some suspicion ? Because me and my daughter are planning to visit my USC husband during Christmas time and afraid if we send the furnitures now, they can see it in their computer (or not?) and think we won't fly back home. Anybody has an experience?

If you ship prior to arriving with your visa you will most likely have to pay taxes on the value of the goods. If you wait until you arrive with your visa then you declare the goods that are being shipped with the immigration office and are allowed a one-time exemption of taxes on household goods. You can use this exemption for up to one year of your POE date. The CBP link explains it: https://help.cbp.gov/app/answers/detail/a_id/354

[LotofPatience 65]

Absolutely fine. In fact it could help, as it shows you are committed to a life in the USA.

We transfered all of our savings ahead of the interview, and bought a house with much of it once transfered. As we were doing DCF, this helped with both the I-864 (sponsoring on assets) and the domicile issue for the USC husband.

Good one!

I instead pushed all the money from the U.S to India - not for visa purpose, but as investment perspective

Loto

If you ship prior to arriving with your visa you will most likely have to pay taxes on the value of the goods. If you wait until you arrive with your visa then you declare the goods that are being shipped with the immigration office and are allowed a one-time exemption of taxes on household goods. You can use this exemption for up to one year of your POE date. The CBP link explains it: https://help.cbp.gov...detail/a_id/354

[OBX 51]

If you ship prior to arriving with your visa you will most likely have to pay taxes on the value of the goods. If you wait until you arrive with your visa then you declare the goods that are being shipped with the immigration office and are allowed a one-time exemption of taxes on household goods. You can use this exemption for up to one year of your POE date. The CBP link explains it: https://help.cbp.gov/app/answers/detail/a_id/354

Actually you have up to ten years to move your belongings to the US. The issue with the "one year" is that you have to have "had an item in your possession for at least a year" for it to be duty free. Your household goods cannot preceed you but you can transfer $ and purchase your home.

Moving Goods