This comprehensive guide helps international students navigate the process of obtaining car loans and driving licenses in their host country. It covers essential documentation, auto insurance requirements, and available financial options for non-citizens, enabling smooth vehicle ownership and driving privileges.

Essential Guide for International Students to Obtain Car Loans and Driving Licenses

International students on F-1 or OPT visas living in the country can buy a vehicle, but the process involves specific requirements. Students must have a valid driver’s license and auto insurance. To qualify for a license, appropriate documents such as Form I-94, Form DS 2019, a Social Security Number or similar, and proof of residency like a valid passport with visa stamps are necessary. Auto insurance is often mandatory before applying for a car loan and obtaining a license.

Many international students encounter difficulties in securing auto loans due to limited credit history. Companies like Stilt can help secure low-interest loans without an SSN. They simplify the application process, assist with currency conversions, and offer flexible solutions tailored for non-citizens. Additionally, auto insurance may be a prerequisite for driver’s license issuance in certain states. With the correct documents and support, international students can effectively own and operate vehicles abroad.

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Our blog provides comprehensive insights on various topics, based on thorough research. While informative, our articles shouldn't be regarded as final advice, and we cannot guarantee all data accuracy. We recommend exploring additional resources and confirming local regulations and offers, especially those not detailed here.