u/Healthy_Implement153

▲ 3 r/Schwab

International wire for 1st time

Hi all. I am planning to wire money from my usd account to another country bank account.

I see that we can do online wire and the bank account as well as schwab brokerage account has my name.

Is there something i need to be careful about? Like do i get a call from schwab verifying it was indeed me doing the wire, or any kind of hassle as such?

Thanks

reddit.com
u/Healthy_Implement153 — 2 days ago

How is real estate market

I am looking to get residency by investing in some property. I am really really shocked to see people asking for 1.6, 1.7 million aed and above for properties which are barely 500-600 sqft. They even fit 2 bedrooms in that area. Honestly just shocking real estate inflation. And when it comes to rent, they are asking 115-120k annually for a 2 bedroom, this is almost similar to USA rent, and lets be honest dubai aint making USA level money to justify this, source myself

So i am genuinely interested to know whether this is just the market in dubai is and i should level up my expectations properly or this is people who are looking to milk some more money from outsiders and i should avoid this?

Thanks, my post is not a sarcasm nor a shot at anyone.

reddit.com
u/Healthy_Implement153 — 5 days ago

I got an email to reconnect my linked account to keep balances up to date, track net worth etc etc...but when I log in, I still am able to check the box to transfer my money to my bank account.

If this reconnect is just view balance in bank account, I don't care, but is this update going to affect actual movement of money?

reddit.com
u/Healthy_Implement153 — 14 days ago

For USA. I am employed from 2018 and in the express entry profile I added this experience to claim points for foreign work. Now it doesn't matter if you are employed for 3 years, 5 years or 10 years since all give same points.

In my case, I can get a reference letter which says I am employed since 2018 and currently being paid XX annually. But I don't have bank statements or paystubs from 2018 and 2019 since I closed my initial bank account as well as my company don't keep records for more than 5 years. However I do have IRS wage transcript showing I got paid for 2018 and 2019 as well as I have 401k contributions from my employer during that time.

Should I just update my work history section to start with 2022 let's say and add the remaining experience in personal history section? Asking because my employment letter will regardless say I am employed since 2018

reddit.com
u/Healthy_Implement153 — 16 days ago