1 Year Work visa NYC

phdgirl

Hi all,

Currently finishing my (humanities) doctorate and working part-time with a publisher to tide me over until submission. Wanting to apply for the one-year work visa to the States via USIT. Would love to hear any similar experiences. I love New York, know the city well and would definitely be up for the challenge of setting up a new life there / or even just enjoying the year away.

I am making this jump alone and am wondering about the financial side to things. I should come out of the PhD with less than €1500 in "debt" (student overdraft) but not really in a position to start saving at the moment as finishing the dissertation. I would have enough to cover the USIT fees but that's about it really.

- How much money do people generally take with them when starting afresh in a new city?
- Would a bank be amenable to me getting a personal loan to emigrate? (This seems unlikely?)

neil.p.b

The 1-year visa is great, i did one in Chicago. From my own experiences and friends, go4less seem to be the best to go with. New York....i'd probably look at bringing €5k

phdgirl

Hey! Thanks for the reply. I was thinking 5/6k myself. Thing is - how to raise this sum!!

I wonder would a bank be open to giving out a loan of this amount? "Earning potential" is there and I'd like to use the NYC opportunity as a springboard to try and establish myself more permanently there. Sounds like a big ask. Perhaps credit union would be a better option. It would def take me longer than a year to raise this amount and then the visa offer wouldn't be open to me. A catch 22!

Will check out go4less,thanks!

Dave1442397

phdgirl wrote: »

Hey! Thanks for the reply. I was thinking 5/6k myself. Thing is - how to raise this sum!!

I wonder would a bank be open to giving out a loan of this amount?

I had no trouble getting a bank loan for £3,000 back in 1990 when I came over to NY. I had no job lined up, but they were fine with that, and I didn't even have to start paying it back until I was ready.

I started a job six weeks after I got there and paid off the loan within ten months or so after that.

Stheno

Dave1442397 wrote: »

I had no trouble getting a bank loan for £3,000 back in 1990 when I came over to NY. I had no job lined up, but they were fine with that, and I didn't even have to start paying it back until I was ready.

I started a job six weeks after I got there and paid off the loan within ten months or so after that.

That's 24 years ago! I doubt the banks would be open to loaning 5k to someone who is then about to leave the country these days?

Dave1442397

Stheno wrote: »

That's 24 years ago! I doubt the banks would be open to loaning 5k to someone who is then about to leave the country these days?

Why not? I was at the tail end of the mass migration of the '80s, so if they were having trouble with bad loans they would have been a lot stricter back then too. They knew I was going for good

neil.p.b

OP, i'd say you've a better chance of getting your overdraft extended to $5k than getting a traditional loan. Something to talk about with your bank. And if it was me, id just say i was going travelling for a couple of months or something along those lines. I'd say there's about a 0% chance of a bank giving someone with €1500 debt and no job another €5000 so that they can emigrate to America, unless you can get a guarantor for it.