Hi , this is my scenario . I just have a few specific questions but i am not sensitive to HONEST opinions on my plan .
I am moving to the US on an e2 Visa . It has not yet been granted but my business investment of a Restaurant is presently being done and the build out is taking place as we speak . The delay in granting e2 Visa has set me back. Restaurant will more than likely wont open until October 2017.
BUT i need to settle the Kids into school in August . So i am proceeding to make the move pending the Visa change of status . Not ideal but it should be any day now.
I would only have my Social , 30 Days after applying after Visa is granted . So i am looking at at least approx 2 months before i can start to build credit . BUT in the mean time i need to acquire basic assets.
Namely 2 used Vehicles . Furniture etc ...
PLAN .
MAKE MOVE NOW - Await Visa
RENT for 1 year and then take time to purchase house after .
QUESTIONS :
1) I can afford cash purchase for both vehicles . Should i just buy Cash ? A few of the dealers are offering part financing . I DONT have a problem with financing 50% but will only consider financing IF i can build credit . Other than that i and just not seeing the benefit of paying an interest on the purchase . Not sure if after Social is granted that it can be applied to the purchases .
2) Health Care . Under the business i can be covered but until then i was wondering what my options will be .
3) Any comments on my plan ?
Any advice or comments WILL BE appreciated.
Thanks