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Yes, it is legal for a registered US citizen to have a Swiss bank account as long as they comply with US tax laws and report the account to the IRS as required by the Foreign Account Tax Compliance Act (FATCA). Failure to comply with these reporting requirements can result in severe penalties.

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1y ago

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What are the differences between a citizen and a non citizen.?

A citizen is a legal member of a country with certain rights and obligations, such as the right to vote and the duty to pay taxes. A non-citizen is someone who is not recognized as a legal member of that country and may have limited rights and privileges. Citizenship is typically acquired through birth, descent, naturalization, or other legal means.


Is it legal to carry a Swiss army knife in the US?

Laws vary by state regarding the carry of knives, including Swiss army knives. Many states allow the carry of pocketknives like Swiss army knives as long as they are not used in a threatening manner. It is important to check the specific laws in the state where you plan to carry the knife.


If you get deported do you lose your 401k?

If you are deported from the United States, you do not lose your 401(k) account. You can generally leave the funds in your 401(k) account and manage it remotely or roll it over to an account in your home country, depending on the rules of your specific situation and plan.


What are laws with siblings sharing a bank account and one takes all the money out but the other was who the money belonged too?

one of the problems with a joint bank account is everyone on the account has access to all the funds in the account. this also applies to overdrawn balances, if an account has a negative balance then all signers on the account can face the negative consequences. on the other hand if only one of the siblings in question is a signer on the account that person would have legal right to all the money in the account.


What legal issues need to be addressed in a citizen review board?

Actually. . . none. A 'Citizen Review Board' is is not a court and cannot make legal 'findings of fact' or initiate prosecution. It is established to determine only if the ADMINISTRATIVE rules and regulations of the agency were adhered to or not.

Related Questions

Is it legal to be deported from a country where you are married to a citizen of said country?

It is until you have registered as a married citizen in America.


How can you get a Switzerland passport?

In order to get a Swiss passport you need to be a Swiss citizen. To be naturalised as a Swiss citizen you need to be a legal resident for at least 12 years, and then apply to your local Gemeinde. The naturalisation process can take a number of years.


What happens when a child is at school and a parent gets deported?

If the child is a legal citizen they go to the closest legal relative, if there is no one to take the child they go into foster care. If the child is not a legal citizen they will be deported with the parent. If the child is a legal citizen and they aren't registered in school they can be deported with the parent as well.


Can a foreigner obtain Swiss citizenship by virtue of same-sex registered partnership with a citizen of Switzerland?

It is unclear. Austria has very restrictive immigration laws. A foreigner who has been legally married to an Austrian citizen for at least five years is eligible for naturalization after six years of continuous residency in Austria. What is unclear is if this applies to same-sex registered partners.


Can you vote if you are a legal resident in the us?

You have the right to vote only if you are a citizen of the US, are over 18 and have registered to vote by the deadline for the election.


If document is not registered what legal repercussion?

Not enough information is given. WHAT document? Supposed to be registered WHERE? Registered by WHO? What is the documents alleged legal significance?


Can a foreigner obtain Slovenian citizenship by virtue of same-sex registered partnership with a citizen of Slovenia?

Yes. Slovenian same-sex registered partnerships are the equivalent of legal marriage for all rights except joint adoption. So, a foreign registered same-sex partner of a Slovenian citizen, who has been registered for a minimum of two years, may, after one year of residence in Slovenia, apply for naturalization. This is the same requirement as for foreign spouses.


Can an illegal alien in Spain obtain legal immigration status in Germany by virtue of same-sex marriage to a citizen of Germany?

Yes. A same-sex registered partnership is treated the same as a legal marriage in Germany with respect to immigration law. The same-sex partner of a German citizen can obtain legal residency and, ultimately, citizenship in Germany.


Can a foreigner obtain Czech citizenship by virtue of same-sex registered partnership with a citizen of the Czech Republic?

Czech registered partnerships only grant some rights and responsibilities associated with legal marriage. It is not clear whether partnership with a Czech citizen would permit waiver of the five-year residency period for naturalization, as does marriage.


Are Swiss army knives legal?

Yes, they are.


Have credit card company putting levy on joint account but card is in my name only?

The card is linked to the bank account registered when you first applied for it. Even if the card IS just in your name - it makes NO difference to the card company - so long as they get the money you owe them ! They have a legal right to debit the bank account you registered with them until the debt is repaid.


Is it legal to have a vehicle registered and insured at your grandparents home address?

As long as it is where the registered owner of the vehicle legally resides it is legal.