Show money for US tourista visa application

[GentleGrace 1]

Hi! It's me again. I just have a question. I've talked to someone personally about applying for tourist visa. She advised to get a loan from the bank to support my trip because I dont have enough savings. I'm visiting my boyfriend actually but she told me never to mention about him or if i have any relatives there. And that I need like 5-10k USD for the trip.

Is that alright to get a loan from the bank? I have read some topics here that it's not good that money just magically appears presenting to the interview. I want to do it. Please help me. Thanks

[NigeriaorBust 4,087]

They will want to see that money has been there for some time and that it didn't show up as one lump of money. Also if they ask a question NEVER lie to immigration that can get you a lifetime ban from coming to the US. You don't have to blurt out any negative item but never lie.

[GentleGrace 1]

I'm actually planning to get a loan now. It's a new bank account. Once it's approved, can I present it to the consulate officer? I have savings account from another bank too. Would it hurt my chances on getting approved if I applied for a loan on another bank?

[KiGar 1]

I'm actually planning to get a loan now. It's a new bank account. Once it's approved, can I present it to the consulate officer? I have savings account from another bank too. Would it hurt my chances on getting approved if I applied for a loan on another bank?

You can show them the account but the officer will probably ask where you got the money to justify opening a new account. Keep in mind that its very easy in this day and age for the consulate officer to find out directly from the bank whether or not you have a loan with them. There's nothing wrong with getting a loan to take a vacation but be sure to show the interviewer what collateral you had to put up with the bank in order to get the loan. Usually banks only give about 60% credit equivalent of the market price of the collateral so this can actually be to your advantage to establish further ties. Let's say that you took out a $10,000 loan on a condo that you own that is worth $25,000, you have an argument that you will need to return home to work so you can repay the loan and not lose the larger value of the condo. However you will need to show the interviewer that you have some form of steady income to be able to pay off the loan. In other words if you managed to get an unsecured loan and have no other way of explaining your account, you can count on being rejected and possibly blacklisted. Telling the officer it was from a gift or from old savings is not going to make a difference.

The point is that the tactic of "show money" is the one that people do the most...so if you are going to take out a loan, be sure to have a good reason for explanation. Bottom line is having some cash in the bank is probably the least important item on the checklist when it comes to establishing "ties". Having cash on hand with little or no other reason to return home i.e. good job, property, dependents would probably flag you as someone likely to not return even if that was not your intent.

[aaron2020 11,651]

I'm actually planning to get a loan now. It's a new bank account. Once it's approved, can I present it to the consulate officer? I have savings account from another bank too. Would it hurt my chances on getting approved if I applied for a loan on another bank?

Hi,

This will backfire. You are making yourself look suspicious because it's a common scam to move a large lump of money into an account (a loan) before applying for a visa.

[GentleGrace 1]

Thank you for all your replies! I've saved enough my for my trip. I won't be applying for a loan then. I may need to have strong documents for the ties I have here. My other question is what aside from work contract and bank statements, what other documents to support my case? I don't have property here just my work. Thanks