Individual Taxpayer Identification Number, Apply for an ITIN , ITIN application, NRAs with an ITIN, EbizFiling

ITIN Application for Non-Resident Aliens and Benefits


In a world that increasingly embraces globalization and mobility, non-resident aliens (NRAs) often find themselves engaged in various financial activities within the United States. However, navigating the complex U.S. tax system can be a challenging endeavor for individuals who do not possess a Social Security number (SSN). To address this issue, the Internal Revenue Service (IRS) introduced the Individual Taxpayer Identification Number (ITIN) to provide NRAs with a unique identification tool. This article explores the benefits of the ITIN application process for NRAs and how it enables them to fulfill their tax obligations and engage in essential financial transactions.

What is ITIN?

The ITIN is a nine-digit number issued by the IRS to individuals who are required to have a U.S. taxpayer identification number but are ineligible for an SSN. NRAs, including foreign students, scholars, and dependents, can apply for an ITIN to comply with U.S. tax laws and facilitate various financial activities. The ITIN serves as a means to accurately identify individuals and process tax returns, ensuring compliance with federal regulations.

What are the Benefits of ITIN Application for NRAs?

  1. Tax Compliance: Obtaining an ITIN allows NRAs to fulfill their tax obligations in the United States. Even if they do not have a legal requirement to file a tax return, NRAs might still need to file certain forms with the IRS to claim tax treaty benefits or request refunds for withheld taxes. The ITIN enables NRAs to accurately report their income and claim any eligible deductions, ensuring compliance with U.S. tax laws.

  1. Opening Bank Accounts: Many financial institutions in the United States require customers to provide a taxpayer identification number when opening a bank account. NRAs can use their ITIN to fulfill this requirement, enabling them to access essential banking services such as savings accounts, credit cards, and loans. With an ITIN, NRAs can establish a financial footprint and manage their finances more efficiently while residing in the United States.

  1. Obtaining Credit: Building credit history is crucial for NRAs who plan to stay in the United States for an extended period or pursue entrepreneurial ventures. An ITIN allows NRAs to apply for credit cards, loans, and other financial products, helping them establish a credit profile. By responsibly managing their finances, NRAs can strengthen their creditworthiness, enabling access to better financial opportunities and resources in the future.

  1. Facilitating Business Activities: NRAs engaged in entrepreneurial activities, such as starting a business or investing in real estate, benefit greatly from obtaining an ITIN. The ITIN allows NRAs to meet the tax reporting requirements associated with their business activities, including filing tax returns and fulfilling withholding obligations. It enables NRAs to engage in legitimate business transactions and comply with tax laws, promoting transparency and accountability.

  1. Claiming Tax Treaty Benefits: Many countries have tax treaties with the United States to prevent double taxation and provide certain tax benefits. NRAs eligible for these benefits can claim them by applying for an ITIN and filing the necessary tax forms. With an ITIN, NRAs can take advantage of reduced tax rates, exemptions, or credits, ensuring they are not subject to unnecessary financial burdens.

  1. Rental and Housing Applications: When renting a property or applying for a lease agreement, landlords often request a taxpayer identification number. NRAs with an ITIN can provide this information, increasing their chances of securing housing and rental opportunities.

  1. Tax-Free Savings and Retirement Accounts: NRAs who obtain an ITIN can contribute to certain tax-advantaged savings and retirement accounts, such as an Individual Retirement Account (IRA). This allows them to save for the future while potentially enjoying tax benefits, contributing to their long-term financial security.


The ITIN application process opens up a world of opportunities for non-resident aliens residing in the United States. By obtaining an ITIN, NRAs can comply with U.S. tax laws, access essential financial services, and engage in various business activities. From facilitating tax compliance to enabling banking and credit opportunities, the ITIN serves as a vital tool for NRAs to navigate the complex financial landscape of the United States.


Suggested Read: ITIN Application and Identity Verification

About Ebizfiling -

EbizFiling is a concept that emerged with the progressive and intellectual mindset of like-minded people. It aims at delivering the end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad in all the best possible ways.
To know more about our services and for a free consultation, get in touch with our team on or call 9643203209.

Author: pallavi-dadhich

Pallavi is an ambitious English Literature student with a profound knowledge of content writing. Her SEO skills complement her content writing profile. She has a strong interest in expanding her set of skills by reading and learning. She is eager to experiment with creative writing styles while maintaining strong and informational content.

Follow Author

Leave a Reply

Your email address will not be published.


  • client review, Ebizfiling

    Abdul Shukkoor

    29 Mar 2022

    100% we can trust Ebiz Filing for a business setup as i was relaxed during my company registration "Zaabi Kids Wear Private Limited" and now my dream become reality. Thank you all of EbizFiling for your Team work and your effort and really appreciate it

  • Client review, Ebizfiling

    P V GIRI

    19 Nov 2021

    Pvt Ltd incorporated by Ebizfiling services are very good in the terms of service as well as good response thank you Ebizfiling

  • Client review, Ebizfiling

    Pooja Oza

    08 Jun 2017

    If you are also planning to start your own company, there is only one place you need to go to and that is Ebiz. They will take care of all your compliance and legal needs with ease.

Hi, Welcome to EbizFiling!

Hello there!!! Let us know if you have any Questions.

Thank you for your message.

whatsapp Call Now Button