Financial Information
Bank Accounts
1. Access
Deportees may still retain access to their bank accounts if they can manage them online or through authorized representatives.
2. Frozen Accounts
In some cases, accounts may be frozen due to legal issues or unpaid debts.
3. Closing Accounts
Some banks may close accounts if the account holder no longer has a valid address or residency status.
Saving Accounts
4. Funds Remain Intact
Funds usually remain in the account unless accessed or transferred before or after deportation.
International Transfers: Deportees can arrange to transfer savings to accounts in their home country, though this may involve fees and delays.
5. Unclaimed Funds
If funds are left unaccessed, they may eventually be considered dormant and subject to state laws regarding unclaimed property.
Physical Belongings
6. Immediate Belongings
Deportees may take personal items they can carry during their removal.
7. Stored Belongings
Larger possessions (e.g., furniture, vehicles) may remain in storage, be sold, or abandoned if not managed.
8. Vehicle transfers
You can manage to transfer your vehicle before this occurs.
9. Repatriation Arrangements
Some deportees arrange for belongings to be shipped to their home country at their own expense.
Social Security /
Retirement Funds
10. Contributions
In some countries, social security contributions may remain intact and accessible upon retirement, depending on bilateral agreements. For retirement and pension plans, you should contact your company’s human resources office or your union, depending on your situation.
11. Pension Transfers
Deportees may be able to transfer pensions or retirement savings to their home country, though this depends on specific regulations.
Legal Property
12. Ownership retained
Deportees retain legal ownership of property (e.g., houses, land) unless sold or repossessed.
For more information in Los Angeles County, please click here.
13. Management
Property management often requires appointing a representative or legal agent if the deportee cannot oversee it directly.
Employment Related
14. Unpaid Wages
Deportees are entitled to collect any unpaid wages or benefits owed by employers.
15. Retirement Accounts
Employer-sponsored retirement accounts may need to be transferred or cashed out, depending on the plan’s terms.
Business-Related Finances
16. Business Ownership Change
The person or legal entity that acquires ownership control of the company must file the statement for the business ownership change. The statement must be completed and filed if the State Board of Equalization requests it. What to include: A description of the property owned by the company. The parties to the transaction. The date of the ownership control acquisition.
Suggestions for Deportees
17. Plan Finances
Transfer funds, settle debts, and arrange for property management before deportation.
18. Appoint Representatives
Authorize trusted individuals to manage financial or legal affairs in the deporting country.
19. Legal Advice
Seek legal counsel to understand rights and options related to finances and belongings.