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-   -   L1 visa holder who holds property in US (https://www.askmehelpdesk.com/showthread.php?t=693616)

  • Aug 14, 2012, 05:46 AM
    ysmisako
    L1 visa holder who holds property in US
    I suppose to apply L1 visa.

    Somebody says "If visa holder buy a property in US, you must report my entire worldwide income to the U.S."

    Is it true?
  • Aug 14, 2012, 07:54 AM
    AtlantaTaxExpert
    Buying property has NOTHING to do with the process.

    As a L-1 visa holder, you will eventually file as a resident alien.

    ALL resident aliens MUST declare ALL world-wide income on their U.S. TAX returns.

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