Since the introduction of the patriot act, getting a bank account for non US Citizens has become very difficult. This guide contains information about obtaining a regular US bank account for both personal and business use, and the tax implications of this. The author spent a great deal of time researching this for his own use, and is now sharing his acquired knowledge to enable others to benefit.
There are many legitimate reasons for needing a US bank account. The benefits include: US dollar checks can be paid in. A US based PayPal account can be setup, and payments deposited and withdrawn. Dealing in US stocks and securities, and for receiving US$ dividend payments. Future US residents and citizens may want to start transfering funds and building a credit history in the US prior to emigrating. An ATM card making getting access to US dollar funds much easier. Whatever your reason is for wanting a US bank account, the information is here for the taking!
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