What are the US immigration tax rules?

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What are the US immigration tax rules? The tax in the United States is a bit high, but there is a provision for global taxation: all property before this country obtains permanent resident status has nothing to do with this country, and applicants do not need to pay taxes; After obtaining permanent resident status, you need to pay taxes. Let's take a closer look.

What is the tax policy of American immigrants?

American taxes are based on households, and the total annual household income is not the final tax benchmark. After the total income, you can deduct exceptions, discounts, extensions, personal pension plans, house purchases and loans. Pay taxes according to the final net income. Therefore, American investment immigrant applicants don't have to worry too much about paying taxes.

After obtaining the green card, the applicant needs to report to the United States within 180 days. On the day of landing in the United States, American investment immigrants began to fulfill their obligation to declare their property to the US government. Before the applicant becomes a permanent resident of the United States, all overseas non-value-added assets do not need to pay taxes to the United States government. Only the value-added income realized after landing needs to be declared to the US government and taxed according to law. Therefore, American investment immigrant applicants must keep the proof documents of their income and property sources to avoid being impersonated or fined.

What are the tax rules for immigrants in the United States?-For example

American investment immigrant applicants had $6,543,800,000 in assets before immigration, but they didn't make any money after immigration, and the original assets didn't generate any income, so they didn't need to pay taxes after immigration. This rule is the key to tax planning.

The asset declaration of American investment immigrant applicants is closely related to tax payment, involving two issues. First, whether all the overseas assets owned by the applicant are truthfully declared at the time of application; The second is whether to declare all the property after immigration. Every country's immigration policy has different provisions on asset declaration: the United States only requires applicants to declare the source of assets of more than $500,000 when they immigrate.