Will applying for ITIN can have bad consequences on my future US visa applications?
I am an entrepreneur running a startup in my home country. I came to USA on B1 visa and have recently registered a Delaware LLC company and got EIN. Now I need ITIN to open bank account for business. I also want to invest in US stocks. I am thinking to apply for ITIN via agent. Am I applicable to apply for ITIN?, if yes then will it effect my future entrance into country or renewing my visa?
P.S; I have no intent to stay and work from here. I just needed company to access stripe and some other service and may be for future fund raising.
Best Answer
You should probably be fine, because US immigration rules are not generally aimed at restricting investment activities that are primarily conducted from abroad.
Applying for an ITIN itself should not be a problem for future US entry or US visa applications. You will have to provide your ITIN (US Taxpayer ID Number) on any future US visa application since it is a question on Form DS-160, so you should be prepared to answer questions about it. The main thing is to make sure you can still convincingly show that you are visiting the US as a temporary visitor without immigrant intent, and that your activities in the US are consistent with the B-1 temporary visitor status. From your comments, it sounds like you've already studied the rules about permissible activities.
Whether you are eligible for an ITIN depends on your tax situation. You should read the ITIN application (Form W-7) and its instructions. You may be eligible for an ITIN because you have a US-based LLC (see page 11, Exception 1(a) of the instructions).
Pictures about "Will applying for ITIN can have bad consequences on my future US visa applications?"
Can a tourist apply for ITIN?
To apply for an ITIN, the visitor should complete a Form W-7 (Application for IRS Individual Taxpayer Identification Number). The visitor should be prepared to present a passport or birth certificate as proof of identity at the time the form is submitted.Can b1 b2 visa apply for ITIN?
Most B-1/B-2/WT/WB Visa holders are NOT eligible for an SSN or ITIN number. The individual may be eligible for an ITIN number if they meet both of the following criteria: Individual is receiving a taxable payment such as an honorarium or independent service payment, and.Can I apply for US visa now?
Please note: In response to the COVID-19 pandemic, the State Department temporarily suspended routine visa services at all U.S. embassies and consulates in March 2020. The process to resume routine visa services began in February 2021.How can you tell a fake US visa?
Verify there is a fingerprint of the owner or applicant. A missing fingerprint is a sure sign that the card is fake. All cards go through a 10-year renewal process that has a strict policy of providing fingerprints of the applicants. Look at the fine print on the visa card.Top 4 Tax Issues that Can Affect Your Immigration Application
Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.
Images: SpaceX, MART PRODUCTION, RODNAE Productions, MART PRODUCTION