E3 vs H1B vs GC

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Americas > USA Expat Forum for Expats Living in the USA

USA Expat Forum for Expats Living in the USA The USA Expats forum is dedicated those individuals that have chosen to make the USA their new home. This forum is an ideal place for Expats now living in the United States to meet and discuss all aspects of their new way of life.

Like Tree1Likes
  • 1 Post By Bevdeforges

E3 vs H1B vs GC


Reply
 
Subscribe to this Thread Thread Tools
  #1 (permalink)  
Old 28th April 2019, 02:35 AM
thn thn is offline
New Member
 
Join Date: Apr 2019
Posts: 2
Rep Power: 0
thn is on a distinguished road
1 likes given

Default E3 vs H1B vs GC

Hi all,

I from Australia and am considering moving to the US. I know the meaning of each of the above visas but other than the fact that the first 2 are temporary and employment-based visas and the last one is permanent, I was wondering what's the difference between these visas in terms of cost of living. Specifically I'm looking into the following aspects:
  • Any income tax difference i.e., do I need to pay more tax as a temporary resident? Any tax deduction (e.g., childcare cost) that I'm not eligible as a temporary resident?
  • Can I buy a property while on E3/H1B? Can I apply for a mortgage loan? If not, can I buy totally with cash? Would I have to pay more land tax as a temporary resident?
  • I know public primary school is free to US citizens, would my kids be eligible too? I know it may vary depending on school, but generally do I need to pay more than the locals do for private schools?
  • Health insurance. Do I need to pay more for insurance? I heard family health insurance are generally part of employment renumeration package so I don't need to buy separately, is that right?

I've just started considering the move so still learning a lot of things. Any help would be appreciated! Also if there is anything I should consider please let me know.

Thanks

Reply With Quote Quick reply to this message
  #2 (permalink)  
Old 28th April 2019, 07:03 AM
Bevdeforges's Avatar
Super Moderator
 
Join Date: Nov 2007
Location: deepest, darkest Essonne
Posts: 44,924
Rep Power: 23202
Bevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond repute
9226 likes received
1167 likes given

Users Flag! Originally from usa. Users Flag! Expat in france.
Default

As far as taxes go, you'll be on precisely the same basis as any other resident of the US. No differences in rates or deductions.

You can purchase property, though any mortgage you obtain may be limited to the term of your visa. (Varies by bank.) Many banks want to see a good year or two of "credit history" before considering you for a loan (and credit history is pretty much limited to the US).

Public school is free to all children living within the district. And health insurance should be the same as for anyone else - especially if you're getting insurance through your employer.
thn likes this.

Reply With Quote Quick reply to this message
  #3 (permalink)  
Old 6th May 2019, 09:17 PM
New Member
 
Join Date: Jun 2015
Location: Canberra
Posts: 37
Rep Power: 79
sunflowers02 is a glorious beacon of lightsunflowers02 is a glorious beacon of lightsunflowers02 is a glorious beacon of lightsunflowers02 is a glorious beacon of lightsunflowers02 is a glorious beacon of light
6 likes received
1 likes given

Users Flag! Originally from australia. Users Flag! Expat in usa.
Default

Hi,

We are here on an E3 visa. Going into our third year.

Tax rates are the same but we have found we are unable to gain the child tax credit as our children don't qualify for SSN. We could apply for ITIN's for them, but you aren't able to use the ITIN for the tax credit, so it's kind of redundant. It's annoying as the tax credit is $2,000 per child.

We bought a house after being here for 1 year. We had NO credit history or even a US credit card. But our employer (college athletics) connected as with their bank and we were able to build a relationship with them. Our mortgage was classed as "in house" at a slightly higher interest rate and we also put down a substantial deposit - almost 45%.

We have since bought our 2nd house and our 2nd mortgage is with a different bank. Again we knew the owner of this bank so I'm sure we managed to skip many of the processes.

Public school is totally free.

Our health insurance is also through our employer and a very good policy. Heads up, even great policies are awful compared to Australia's health system. Just be prepared.

Good luck.

Reply With Quote Quick reply to this message
Reply


Tags
e3 visa, green card, h1b

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
H1b expired, query on H1b cap exempt ? manu555 USA Expat Forum for Expats Living in the USA 7 24th April 2018 08:48 AM
If H1b for USA Stamped on India Passport and then got Citizenship of Australia Shiv11 Australia Expat Forum for Expats Living in Australia 12 18th November 2015 09:02 AM
Filing Multiple Cap Exempt H1b using Old H1b petition auzee_bujji USA Expat Forum for Expats Living in the USA 0 4th September 2014 01:34 PM
First time H1b expired,second time denied - options available h1bquery2013 USA Expat Forum for Expats Living in the USA 4 27th May 2013 03:47 AM
L1B in RFE and H1B under regular processing prithesh20 USA Expat Forum for Expats Living in the USA 0 1st October 2012 04:44 AM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 04:38 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.