✅ H1B Eligible H1B visa holders can open and use SoFi Invest brokerage accounts. This guide covers PFIC, NRA withholding, and 1042-S at SoFi Invest.
| Feature | Details |
|---|---|
| Minimum Deposit | No minimum |
| Trading Commissions | Commission-free |
| Available Products | Stocks, ETFs, crypto |
| H1B / Visa Holders | Yes — allowed with SSN |
| ITIN Accepted | Check with broker — SSN preferred |
H1B holders are considered US residents for tax purposes (substantial presence test after 183+ days), meaning they can invest in US stocks and ETFs just like US citizens. SoFi Invest accepts H1B holders with a valid SSN.
To fund a US brokerage account from abroad, you'll first need a US bank account. Transfer funds internationally using Wise for the best exchange rate.
Yes. H1B holders with a valid SSN can open a SoFi Invest brokerage account. You're treated as a US resident for tax purposes and can invest in US stocks, ETFs, and more.
You can typically keep your SoFi Invest account even if you leave the US. However, you become a non-resident alien (NRA) and different withholding rates apply. Notify SoFi Invest of your status change.
Yes, SoFi Invest offers access to US-listed foreign stocks and ADRs. For direct foreign market access, Interactive Brokers offers the widest international coverage.