
Original source: http://www.itinnumberonline.com/can-i-work-with-an-itin-number/
Moving on and emphasizing more on the term 'work' here, we can come up with two types of concepts. A foreigner trying to work in the United States either wants to work as an employee or work as a business owner there. The case can be any, but a foreign investor has to obtain a visa. However, those who are asking can I work with an ITIN number must keep in mind that if want to work as an employee they have to obtain an SSN number while if they want to pursue their career as a business owner in the United States, they should acquire an EIN number.
ITIN is not a smart choice and better one over SSN numbers and EIN numbers. Well, there are some reasons to it. Let's have a look at them below.
- First of all, an ITIN cannot replace the SSN and EIN number. These two numbers are standard numbers which all individuals require to either form a business or work in a firm in US.
- Secondly, ITIN was merely created for tax purposes and not any other which is why it is not authorized for work.
- Lastly, an ITIN is for dependents and not for foreign investors. Though it is granted to them temporarily. If dependents also wish to start a business or getting employed in US, they need to obtain an E2 visa instead of H4 visa. This is basically the requirement to change their immigration status which is a lengthy process.
No comments:
Post a Comment