Exchange Rate euro dollar future. The exchange rate fell from €=1.60$ to €=1.48$ WILL IT RECOVER?
I have around 3500€ that i made while working in austria and was wondering if i should exchange them now or wait. Thank you
Other - Business & Finance - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It may, it may not. The economies in Europe are slowing down, which is causing the euro to lose value against the US$. I believe the trend over the near term is a continued weakening of the euro against the US$, but this could reverse quickly if any additional bad US economic news is released. Don't forget that as the US$ strengthens, you will get more US$ per euro (as the euro weakens, it takes more euros to buy a dollar). So from your point of view, the dollar IS currently recovering.
2 :
Depends on how long you are willing to wait If you have no need of the money then put it away for the day that it goes back up. Frankly I think that it might go down some more before it goes back up. The American dollar has moved up for the last 10-11 weeks and I think that it is going to go further. I will tell you why but in as few words as possible, oil is traded in American dollars and the oil barons are now more confident in the American dollar. It appears that the dollar gain is directly reflected in the cost of a barrel of oil and now it keeps going down. With the downward trend in the cost of oil, then there is an upward trend in American currency
Saturday, August 21, 2010
Saturday, August 14, 2010
When immigrating, what is the penalty for having worked illegally in the US in the past
When immigrating, what is the penalty for having worked illegally in the US in the past?
My husband (an American) has filed an I-130 petition for me (a Belarusian) to immigrate to the United States. I am filling out the DS-230 and I see that they ask about past employment. Nine years ago when I was in the US on a B1/B2 visa I worked illegally as a waitress and hotel maid for 1 year. Of course I will disclose this on the DS-230. Please, does any one know what will the penalty be? Will they deny my immigration application? That would be horrible: my husband and daughter are both American. We currently live/work in Austria and are applying at the US Embassy in Vienna. Once we are able, we will move, as a family, to the US permanently. Thank you for your advice.
Immigration - 7 Answers
Random Answers, Critics, Comments, Opinions :
1 :
being denied visa and being deported
2 :
Being denied a visa, being deported, and banned from any travel to the US for 10 years.
3 :
You will be punished by being forced to buy a house you can't afford. In the name of fairness of course!
4 :
There might be some adverse consequences or you may be forgiven. One important item will be how long you overstayed when you were working without permission. Did you stay in the U.S. for a year or more longer than authorized? When you were hired at the hotel, did they ask you for evidence that you were allowed to work in the U.S.? What did you show them? A fake green card? A U.S. birth certificate in someone else's name? A fake Social Security card? That's important. Did you pay income taxes on your earnings? When was the last time you were in the U.S.? All these issues need to be addressed. The more honest you are about them, the better are your chances for forgiveness.
5 :
More than likely, your application will be denied and a ban imposed.
6 :
I believe you will be denied based on your illegal work when you were in this country before. They may not want to give you another chance, and therefore, you could be banned for life. Your husband and child will have to get used to living in your own country with you.
7 :
If the visa is denied due to your violation, you should be able to receive a waiver. The consul will advise you of the procedure.
My husband (an American) has filed an I-130 petition for me (a Belarusian) to immigrate to the United States. I am filling out the DS-230 and I see that they ask about past employment. Nine years ago when I was in the US on a B1/B2 visa I worked illegally as a waitress and hotel maid for 1 year. Of course I will disclose this on the DS-230. Please, does any one know what will the penalty be? Will they deny my immigration application? That would be horrible: my husband and daughter are both American. We currently live/work in Austria and are applying at the US Embassy in Vienna. Once we are able, we will move, as a family, to the US permanently. Thank you for your advice.
Immigration - 7 Answers
Random Answers, Critics, Comments, Opinions :
1 :
being denied visa and being deported
2 :
Being denied a visa, being deported, and banned from any travel to the US for 10 years.
3 :
You will be punished by being forced to buy a house you can't afford. In the name of fairness of course!
4 :
There might be some adverse consequences or you may be forgiven. One important item will be how long you overstayed when you were working without permission. Did you stay in the U.S. for a year or more longer than authorized? When you were hired at the hotel, did they ask you for evidence that you were allowed to work in the U.S.? What did you show them? A fake green card? A U.S. birth certificate in someone else's name? A fake Social Security card? That's important. Did you pay income taxes on your earnings? When was the last time you were in the U.S.? All these issues need to be addressed. The more honest you are about them, the better are your chances for forgiveness.
5 :
More than likely, your application will be denied and a ban imposed.
6 :
I believe you will be denied based on your illegal work when you were in this country before. They may not want to give you another chance, and therefore, you could be banned for life. Your husband and child will have to get used to living in your own country with you.
7 :
If the visa is denied due to your violation, you should be able to receive a waiver. The consul will advise you of the procedure.
Saturday, August 7, 2010
I want to move to Austria; I have dual citizenship but I'm concerned w/how to keep up with my bills here
I want to move to Austria; I have dual citizenship but I'm concerned w/how to keep up with my bills here?
I make most bill payments online and need to know how that could continue overseas and if deposits in Austrian banks can be transferred to U.S. banks. How does this work? I will most likely be near Innsbruck.
Personal Finance - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Online is a great way to go. You might want to talk to your bank and get a recommendation. Also, consider going with something international like HSBC or ING. They may have greater flexibility for transferring funds internationally.
2 :
What I would do is get a credit card from the austrian bank. As long as you get a mastercard or visa, it will be good no matter where you use it. Pay all your bills with the credit card and just pay off the credit card online if the bank has a good website.
3 :
Yes don't worry Austria is as developed as the states, you can wire trans to your US bank without any probs. u just need to open a bank account at any bank. p.s I am from austria.
I make most bill payments online and need to know how that could continue overseas and if deposits in Austrian banks can be transferred to U.S. banks. How does this work? I will most likely be near Innsbruck.
Personal Finance - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Online is a great way to go. You might want to talk to your bank and get a recommendation. Also, consider going with something international like HSBC or ING. They may have greater flexibility for transferring funds internationally.
2 :
What I would do is get a credit card from the austrian bank. As long as you get a mastercard or visa, it will be good no matter where you use it. Pay all your bills with the credit card and just pay off the credit card online if the bank has a good website.
3 :
Yes don't worry Austria is as developed as the states, you can wire trans to your US bank without any probs. u just need to open a bank account at any bank. p.s I am from austria.
Sunday, August 1, 2010
What is the maximum amount of cash I can fly into Austria with? I am going to open an account there
What is the maximum amount of cash I can fly into Austria with? I am going to open an account there.?
I'm working in the middle east, and want to make a sizeable deposit, initially 5 - 10,000 USD in cash and the rest via bank transfer afterwards. I'm a Canadian Citizen so I want to take advantage of the tax scheme in Austria for foreigners.
Other - Austria - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
seven hundred trillion pesos
2 :
There is no such thing as a maximum amount you are allowed to carry to Austria as long as you can prove where the money comes from.Anyway the limit Banks have to start checking the provenience of money is 10.000,- Euros. But double check if you are allowed to take the money out where you have it now to bring it to Austria. EDIT: Unlike in the US in Austria, Switzerland and also in Germany it is not considered weired to carry larger amounts of cash with you (as long as this cash is legally earned of course ;-) ), also it is not unsafe to do so in these countries contrarily to the other answer.
3 :
transporting large ammount of cash isn't a good idea. WHy don't you just open an account here and when you fly back to wherever you are - you can safely tranfer the money through your bank.
I'm working in the middle east, and want to make a sizeable deposit, initially 5 - 10,000 USD in cash and the rest via bank transfer afterwards. I'm a Canadian Citizen so I want to take advantage of the tax scheme in Austria for foreigners.
Other - Austria - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
seven hundred trillion pesos
2 :
There is no such thing as a maximum amount you are allowed to carry to Austria as long as you can prove where the money comes from.Anyway the limit Banks have to start checking the provenience of money is 10.000,- Euros. But double check if you are allowed to take the money out where you have it now to bring it to Austria. EDIT: Unlike in the US in Austria, Switzerland and also in Germany it is not considered weired to carry larger amounts of cash with you (as long as this cash is legally earned of course ;-) ), also it is not unsafe to do so in these countries contrarily to the other answer.
3 :
transporting large ammount of cash isn't a good idea. WHy don't you just open an account here and when you fly back to wherever you are - you can safely tranfer the money through your bank.
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