US Banking for Non-Resident?
Dec 11th 2012, 7:25 pm
#16
Mouthy Yank
Joined: Oct 2012
Posts: 2,229
Re: US Banking for Non-Resident?
May I (the USC) open an HSBC account in the US and add my UKC spouse to it? Will he have access to this account while he is in the UK awaiting immigration processing?
Dec 11th 2012, 7:29 pm
#17
BE Forum Addict
Joined: Aug 2004
Posts: 4,754
Re: US Banking for Non-Resident?
This possible confusion was why I asked the terms of employment and where the work will be done; it's important that NI or FICA is taken care of as well as income tax. I assume the OP is a UK resident taxed on an arising basis and will be a contractor to the US company with the work being done in the UK, if they are an employee of the US company or the work is done in the America then US taxes become a bigger issue.
Last edited by nun; Dec 11th 2012 at 7:40 pm.
Dec 12th 2012, 7:42 am
#18
BE Enthusiast
Joined: Nov 2012
Posts: 902
Re: US Banking for Non-Resident?
If there is employment in the UK for a US entity there are permanent establishment issues to resolve as well.
Dec 14th 2012, 7:05 pm
#19
Grumpy Know-it-all
Joined: Jul 2010
Location: Calgary, Alberta
Posts: 8,928
Re: US Banking for Non-Resident?
Which is what the W-8BEN is for. Defines your status.
