Final countdown
Hi guys
We've got just under a month until we take our one way flights to New York (E2 visa + me as a dependent). I really want to say massive thank you to everyone who contributes to this board - it's been an unbelievable source of information and insight, I'm not sure I could have fully understood the visa process, understood the mortgage/ForEx issues, getting an EAD and a whole host of other things :thumbsup: I've got a couple of final questions ahead of our move: US Tax - as we're moving in the middle of the tax year, how soon do we have to start thinking about making arrangements for the current tax year/next year? We will probably hire a CPA for our first year, but is this something I can park for a month or two while we get settled or is there anything we'll need to be doing as soon as we arrive? Health insurance - my wife's company has said that health insurance won't be arranged until we have SSNs (so a couple of weeks after we arrive) and advised getting travel insurance. Is this good advice? I've read posts which suggest an SSN isn't needed for health insurance. My concern is travelling to the US with either no health insurance or travel insurance which isn't worth the paper it's written on (ie we're not on holiday). Cheers Tom |
Re: Final countdown
Originally Posted by tea_c
(Post 12280896)
US Tax - as we're moving in the middle of the tax year, how soon do we have to start thinking about making arrangements for the current tax year/next year? We will probably hire a CPA for our first year, but is this something I can park for a month or two while we get settled or is there anything we'll need to be doing as soon as we arrive?
Health insurance - my wife's company has said that health insurance won't be arranged until we have SSNs (so a couple of weeks after we arrive) and advised getting travel insurance. Is this good advice? I've read posts which suggest an SSN isn't needed for health insurance. My concern is travelling to the US with either no health insurance or travel insurance which isn't worth the paper it's written on (ie we're not on holiday). As for travel insurance, that's what I did although my old UK bank account had a travel insurance addendum to it. I just clarified with them that it would be valid (it's travel insurance, not holiday insurance) and they said it would up to 90 days. You'll have your SSNs before this expires. Good luck! (another Tom) ;) |
Re: Final countdown
If you try to claim on travel insurance, especially a major claim, you may find your claim rejected when the insurer discovers that this was a one-way trip - I would be sceptical about assurances to the contrary from customer service staff.
You can get interim coverage for new immigrants, which is pricey for what it is, or you could do what Americans often do, and wing-it for a few weeks in a new job. .... Coverage is often based on calendar months or even quarters, so if you join mid month or early in the quarter it could be 6-10 weeks before your employer-based health insurance kicks in. |
Re: Final countdown
Originally Posted by hmvsdog
(Post 12280913)
US Taxes run on calendar year, so (unless you made any US based income in 2016), you'll first have to think about this in January 2018
As for travel insurance, that's what I did although my old UK bank account had a travel insurance addendum to it. I just clarified with them that it would be valid (it's travel insurance, not holiday insurance) and they said it would up to 90 days. You'll have your SSNs before this expires. Good luck! (another Tom) ;) |
Re: Final countdown
Originally Posted by Jerseygirl
(Post 12280972)
Surely 'travel' comes to an end when they enter the USA...they then become US residents or temporary residents. I would not rely on travel or holiday insurance for coverage. We all know how expensive a broken leg or appendicitis can be...I wouldn't like to pay out of pocket because I had no viable insurance coverage.
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Re: Final countdown
I found 'gap' insurance for a pretty reasonable rate online - it's only 'catastrophic' coverage but keeps you going in a pinch. I think it was only around $100 for a family of 4.
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Re: Final countdown
Originally Posted by hmvsdog
(Post 12280991)
.... they confirmed they'd cover me.
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Re: Final countdown
Originally Posted by hmvsdog
(Post 12280991)
I don't disagree, but I'm only speaking from personal experience. I called my bank's underwriting company directly and was very open with my plans and they confirmed they'd cover me.
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Re: Final countdown
We moved out 10 days ago and husbands company have us covered on the travel insurance until next month and we have had to claim due to an unexpected root canal. We have been authorised to go ahead with the works (sadly as it hurts more now then before l had it done!!!!) and we then claim back the money. Will let you know if any issues with the claim however suspect not as they have been good in the past.
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Re: Final countdown
Originally Posted by Pulaski
(Post 12281195)
In writing? :unsure:
Originally Posted by Jerseygirl
(Post 12281208)
As Pulaski said...did you receive confirmation in writing?
Until this very moment, I never considered that I'd have had a problem. Maybe it's as well that I didn't have to claim. |
Re: Final countdown
Originally Posted by aless02
(Post 12281089)
I found 'gap' insurance for a pretty reasonable rate online - it's only 'catastrophic' coverage but keeps you going in a pinch. I think it was only around $100 for a family of 4.
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Re: Final countdown
Originally Posted by tea_c
(Post 12280896)
Hi guys
I Health insurance - my wife's company has said that health insurance won't be arranged until we have SSNs (so a couple of weeks after we arrive) and advised getting travel insurance. Is this good advice? I've read posts which suggest an SSN isn't needed for health insurance. My concern is travelling to the US with either no health insurance or travel insurance which isn't worth the paper it's written on (ie we're not on holiday). Cheers Tom This from the IRS site. https://www.irs.gov/affordable-care-...urance-company |
Re: Final countdown
Originally Posted by Ecto17
(Post 12281224)
We moved out 10 days ago and husbands company have us covered on the travel insurance until next month and we have had to claim due to an unexpected root canal. We have been authorised to go ahead with the works (sadly as it hurts more now then before l had it done!!!!) and we then claim back the money. Will let you know if any issues with the claim however suspect not as they have been good in the past.
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Re: Final countdown
Originally Posted by hmvsdog
(Post 12281233)
Errrr..... No. :o
Until this very moment, I never considered that I'd have had a problem. Maybe it's as well that I didn't have to claim. Thanks for all the replies so far. |
Re: Final countdown
Originally Posted by tea_c
(Post 12281592)
:thumb: will be interesting to see how you get on
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