@pk
@wannapasrihong-g
i’m concerned that you are the victim of a scam. If you are a non-US person, then under normal circumstances when dealing with a US financial institution, you would be required to file a form that provides your identifying information, I believe this is a W-8BEN, although I have not double checked. The foreign institution withholds 30% of the income and sends it to the IRS with your identifying information. At the end of the year, you file a nonresident US tax return. If you owe income tax on the transaction, you calculate the tax and get a refund if the withholding is more than your tax. If you don’t owe any tax, you show this by filing a tax return with zero tax due, and you get an a refund of the entire amount withheld from the IRS.
There is no reason, and nothing in the tax law, that requires you to pay tax to the institution before cashing out your investment. They should not be demanding money upfront. They should withhold tax from the proceeds and send you the rest of the proceeds. There is also no reason for you to travel to the United States, because you can provide the tax documents by fax or email a PDF.
I hope this is only a misunderstanding, but it sounds very shady to me and I don’t know to whom you can turn. Perhaps you can contact the US department of justice. I would certainly not send any money upfront.
