A common sense of taxation that American immigrants need to know
First, before immigration, the book value-added cash is exchanged. When American immigrants deal with property, they are likely to encounter the problem of property value-added tax in the United States. Because when you become an American resident, you don't have to pay taxes on the property you bring in from abroad, the simplest way is to cash in the income that has not been realized by book appreciation before you report for duty, such as selling stocks and transferring real estate, and then investing your cash in new stocks and real estate after you get your identity.
Second, overseas work is tax-free in the United States.
For immigrants, green card, citizenship and tax are contradictory. American immigration law stipulates that green card holders return to the United States once a year to maintain their long-term willingness to live. Of course, there is a house, a bank account, a family and bonded.
However, if there are reasonable reasons why you can't return to the United States within six months, you can apply for a return permit (white paper), and the validity period of the return permit is 2 years. In addition, naturalized American citizens must stay in the United States for more than two and a half years within five years of holding a green card, and they must file tax returns honestly.
3. Overseas accounts are located in "tax havens"
If the account is located in "tax havens" in Puerto Rico, the Northern Mariana Islands, American Guam, Samoa and the Virgin Islands, you can enjoy tax-free treatment.
Fourth, make good use of the gift tax exemption
In the United States, a person can only give others10 million dollars in his life. If the gift exceeds this amount, you must report it to the tax bureau, or you can choose not to pay the gift tax, that is, deduct the gift from the future1500,000 estate allowance, but let the government know.
Five, two ways to avoid inheritance tax
Americans mainly use two methods to avoid inheritance tax.
1, Shield Trust
Brand trust effectively avoids the uncertainty of who dies first. It sets up a trust for each husband and wife, and part of the assets of which will be transferred to the children's trust. In this way, the tax reduction for both husband and wife will not be wasted.
2. Family limited partnership
A family that establishes a family business can set up a family limited partnership, which is established in middle age, with parents as the general partners, and then transfer assets to their children's accounts little by little. Finally, all children have a small part. For Chinese families who like to buy commercial properties, it is very suitable to use family limited partnership to transfer assets.
Article 2 Types of Green Cards for American Immigrants
A green card enables non-American citizens to obtain permanent residency in the United States. Many people outside the United States want a green card, because it enables them to live and work (legally) anywhere in the United States, and qualify for American citizenship after three or five years.
Every year, the US government issues more than one million green cards. Most of them are given to family members of American citizens and current green card holders, followed by workers from other countries, who seek jobs in the United States and become the second largest recipients.
1, family green card
Close relatives of American citizens and current green card holders can apply for their own family green cards. Eligible family members include spouses, children, parents and siblings (as well as spouses' children and children, adult children and siblings).
This category also includes widows and husbands who were married to American citizens when they died in the United States. Like spouses of living American citizens and green card holders who are currently applying for marriage green cards, widows and husbands must prove that their marriage is true before they can get green cards.
Many extended family members (cousins, aunts and uncles and grandparents) are not eligible. They can only apply for a green card if they also have close relatives and are American citizens or current green card holders (or are eligible for one of the following other green cards).
2. Employment green card
In the employment-based green card category, multiple subcategories of workers can apply for permanent residence. In some cases, their spouses and children may also be eligible for green cards.
3. Green card for long-term residence
Individuals who actually live in the United States legally or illegally (meaning that you are undocumented) can apply for a green card through a special procedure called "registration".
The benefits of applying for American citizenship by immigrants
For most green card holders, becoming American citizens is the next logical step, especially if they plan to stay in the United States for a long time. American citizenship offers many advantages that green card holders can't get.
You cannot be deported to your country of origin or nationality. You will have the same right to live and work in the United States as other Americans. Even if you are accused of a crime in the future, you can stay in the United States. Although recent news reports show that the US government plans to pursue more "transsexuality" based on previous criminal offences, this should not affect the vast majority of naturalized American citizens. )
You can travel with one of the biggest passports in the world. Applying for an American passport after receiving your naturalization certificate is a great advantage of American citizenship. With an American passport, you can travel to 180 destinations for a short time without a visa, travel overseas as many times as you need, and seek help from the local American embassy when you are in trouble.
You can get federal benefits only for American citizens. After naturalization, you will gain full access to some government welfare programs, such as federal university aid provided only to American citizens.
You can apply for a green card for your relatives. You will be able to provide your own green cards for parents, adult children and siblings.
Your children automatically become American citizens-even if they were born abroad. You only need to report the birth of your child to the American embassy or consulate.
You no longer need to deal with immigration paperwork. You don't need to renew your green card or pay the immigration application fee. You don't have to notify USCIS every time you move.
You can apply for a job with the US government. Most federal jobs are reserved only for American citizens. Although every job has its advantages and disadvantages, federal employees and their families often get relatively better benefits and income than employees in the private sector.
You can vote in any American election. Only American citizens can vote in federal elections. Non-citizens can only vote in some local elections. If you want to influence the leadership of your community or the whole United States, then the polling station is your starting point.
You can run for office. Most positions in federal offices and state and local public offices require US citizenship.