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      10-11-2011, 11:16 AM   #23
gors32
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Thanks everyone for information. One more question, can I get a car loan even I'm not a US citizen. I can provide documentation of my bank status here in Croatia or any other possible documentation.
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      10-11-2011, 11:58 AM   #24
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I think you might have a hard time doing that without a credit history in the US. Banks also don't loan money for an asset they will not be able to track down. If you put that thing on a boat to Croatia with a $65k loan outstanding and decide not to pay another penny, they'll never be able to track it down for repossession.
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      10-11-2011, 12:27 PM   #25
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Thanks everyone for information. One more question, can I get a car loan even I'm not a US citizen. I can provide documentation of my bank status here in Croatia or any other possible documentation.
This past January we had a sucondee from one of our South Africa come work with our office in Miami and he had a hard time with this. He basically had no credit score so no US bank would lend him the money. He was finally able to get a loan through HSBC but only because he had an account with them back in South Africa and because he was a Chartered Accountant there. I know he had to put down a lot of money, something like $5,000 on a $25,000 loan, and his APR is around 7%.

If there was a way to get the loan in Croatia and then take the money and just pay cash in the US that would be your best bet.
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      10-11-2011, 12:46 PM   #26
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This past January we had a sucondee from one of our South Africa come work with our office in Miami and he had a hard time with this. He basically had no credit score so no US bank would lend him the money. He was finally able to get a loan through HSBC but only because he had an account with them back in South Africa and because he was a Chartered Accountant there. I know he had to put down a lot of money, something like $5,000 on a $25,000 loan, and his APR is around 7%.

If there was a way to get the loan in Croatia and then take the money and just pay cash in the US that would be your best bet.

I understand but I don't feel very comfortable walking around with 60,000$ in cash and I think there is a restriction on how much cash you can carry. Only if I could somehow transfer money in some US bank and pick up money when I get in Miami, only problem is I can't open account if I'm not US citizen or have job visa.
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      10-11-2011, 12:54 PM   #27
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I understand but I don't feel very comfortable walking around with 60,000$ in cash and I think there is a restriction on how much cash you can carry. Only if I could somehow transfer money in some US bank and pick up money when I get in Miami, only problem is I can't open account if I'm not US citizen or have job visa.
Understandable. What about finding an international bank (like HSBC) that is in Croatia where you could deposit the money there and then withdrawl it in the US?
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      10-11-2011, 12:57 PM   #28
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      10-11-2011, 01:07 PM   #29
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Understandable. What about finding an international bank (like HSBC) that is in Croatia where you could deposit the money there and then withdrawl it in the US?
That's good idea, I'll try that, thanks
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      10-11-2011, 01:49 PM   #30
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I would get an idea of where you plan to purchase the car from. Most dealerships offer a temporary registration and insurance for 30 days until you get your own on the car. Not sure if that will suffice since you will not have a US address but there has to be some sort of way of doing it. Just search and call around I'm sure someone will be glad to help.
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