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Foreigners Buying in the USA

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Tess L.
  • Investor
  • Dubai, United Arab Emirates
72
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45
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Getting a US Credit Score from Overseas - New Tip

Tess L.
  • Investor
  • Dubai, United Arab Emirates
Posted Sep 17 2020, 10:18

Hello lovely people!

I want to share a tip for any other foreign investors that I have just found out about. 

If you are based in Canada, UK or Australia, it's possible to convert your local credit history into a US credit score. There's a website called Nova Credit which will do this for free (I'm not affiliated, just sharing to help). Based on the converted score, an American bank (Amex) has given me a $5K credit card. 

I think this will be really helpful in building my US credit score, which is something many lenders ask me for, even when they know I'm an overseas investor.

Anyway, hope it helps some fellow investors getting established in the US; it's definitely something I hadn't heard of before but I think it's a fantastic option.

Cheers!

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