Leaving the US - Checklist

Cisco
exit_soon

Go to company page Cisco

exit_soon
Dec 8, 2020 8 Comments

Moving back to India, I’m on the H1b work visa, currently in the 60 day grace period after job termination.

I don’t have any financial assets in the US.
Apart from money transfer any important checklist items to follow while leaving the US.

Do we have to forfeit the drivers license or SSN, close bank/credit card accounts or something else?

#workvisa #h1b

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 TOP 8 Comments
  • Tableau
    gYls28

    Go to company page Tableau

    gYls28
    - pay off all debts
    - sell all assets
    - freeze credit reports
    - get clearance from the IRS
    - consolidate all finances to one bank account (easily operable from abroad)
    - downgrade credit cards to no annual fee ones.
    - keep credit cards open
    Dec 8, 2020 0
  • Google
    Ben Dover

    Go to company page Google

    Ben Dover
    If you do not have direct deposit setup or a minimum balance, you might be charged a fee by the bank. If you leave with $0 balance it’ll overdraft and hurt your credit.
    Dec 8, 2020 0
  • Ciena
    Emperor Xi

    Go to company page Ciena

    Emperor Xi
    https://backtoindia.com
    Dec 8, 2020 0
  • T-Mobile / Eng
    chinotto

    Go to company page T-Mobile Eng

    PRE
    Sprint
     chinotto
    -Keep one bank account and credit card open for any transactions that you might need to do in future.
    -Ensure there are no minimum balance fees for any account
    -change address to India address for all accounts or any close friend or relatives who have permanent house
    -setup usps redirection if you have the above step figured out
    - setup google voice to call us numbers from India
    Dec 8, 2020 0
  • Oracle
    zack800

    Go to company page Oracle

    zack800
    Identify all accounts you have in US and close them including membership at local library. Freeze ssn at all 3 credit reporting agencies to avoid someone fraudulently getting credit cards in your name. Check with IRS on what to do before leaving. You may have to file taxes (estimated).
    Dec 8, 2020 1
    • Cisco
      exit_soon

      Go to company page Cisco

      exit_soon
      OP
      Thanks for your reply. I was planning to use a US tax firm to file taxes online next year in April 21 for 2020 earnings. Do we need to file it before leaving the US?
      Dec 8, 2020