Quote:
Originally Posted by Joan.of.the.Arch
I do not understand him not opening a bank account locally. Does he not have the proper Visa to be conducting business here so that he is afraid a bank account will tip off the fact the he is doing business and endanger his Visa? Everyone I know from other countries but living in the US has an account here.
If he is on the mortgage of the house you two just bought, did he not have to provide to the lender thorough documentation of his income? If so, seems to me you should have been able to get a good understanding of his financial picture at that time.
You say, "He work for himself for his UK based company." Do you mean he is the owner of the company? He pays himself? Or is he an employee?" If he is an employee, is his pay going to an account in the UK? How does he meet the need for cash? If he is self-employed and working in the US, are his customers paying in dollars? If so, what does he do with those dollars if he has no bank account?
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He owns the company, he is the only employee. Its a UK business and UK companies contract work to him. He's a UK citizen. He is technically only here on vacation, but been doing this for a while now. He comes here via the Visa-waiver program. He stays for 3 months, then flies back to England to renew his passport. He then returns for another 3 months and starts the cycle again. Yes he pays himself. His bank is in the UK, both business and personal. He pays UK taxes. All his pay is electronically debited from his companies into his account. Very handy considering hes abroad. Hes never done anything illegal and leaves just before the 3 month mark in order to prevent overstaying his 3 months hes allowed via the Visa Waiver Program.
Also, he's not on the mortgage for this house. Just me. We got better assistance in buying the house if it were just me, and it wasnt worth the hassle of the paperwork for him to be on the mortgage.
I do know his financial picture, its pretty darn good- thats why I created this post to begin with!
All I know about him opening an acct is what the bank briefly told me when I called the other day. They said he needs to either be a US citizen or be working in the US. I am sure there is a way around it, with a green card probably.