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| Subject:
Tax questions on foreign assets from an immigrant
Category: Business and Money > Accounting Asked by: majestiq-ga List Price: $2.00 |
Posted:
14 Dec 2004 00:22 PST
Expires: 13 Jan 2005 00:22 PST Question ID: 442343 |
I am an immigrant that moved to America 14 years ago. I have some money in a bank account back in my home country that has been there since before I moved and I also have some property in home home country. I would like to bring the money here. What are the tax implications involved with this? Also, I want to sell the property and bring the funds here. What are the tax implications of this? |
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| Subject:
Re: Tax questions on foreign assets from an immigrant
From: phobosca-ga on 23 Dec 2004 23:07 PST |
Are you are a permanent resident of the USA? obtained citizenship? Have been filing Federal tax returns for the time you've been in USA? Off-shore property in your name or in the name of a corporation? a relative? |
| Subject:
Re: Tax questions on foreign assets from an immigrant
From: majestiq-ga on 25 Dec 2004 03:06 PST |
I am a permanent resident. I pay yearly income taxes. The property is in my name. There is a second property that is in the name of a relative. |
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