If a person is arrested as an illegal immigrant and facing deportation, they are not likely to be able to go to a bank or even an ATM. A person facing this possibility should take several steps to protect their finances:
If there is a person that is a US Citizen that you trust to control your money and transfer the money to you you may consider making this person a joint owner of your bank accounts. Joint ownership gives them full rights to access the money. However, in the event of a divorce or other reasons why they may be sued, this money may be taken away by a court.
You should create and sign a Power of Attorney. A power of attorney allows a trusted individual to manage your financial affairs in your name. This power will start when the document is signed and continue if you are detained or deported. This person can handle tasks like paying bills, managing bank accounts, and making financial decisions on your behalf. They will also be able to transfer money to you in another country (subject to United States laws on transfer of money) or to pay an attorney to represent you in immigration hearings.
You should consult with an immigration attorney to understand your rights and options. They can provide guidance on how to protect your financial interests and navigate the legal system.
You should set aside money in an emergency fund to cover unexpected expenses and provide financial stability during uncertain times. This money may be necessary to pay for an immigration attorney or pay bills immediately after arrest and deportation. If you are sent to another country you will need money for food and shelter as soon as you arrive in the new location.
Any person who is not properly documented should consult an immigration attorney to see if they can obtain the necessary documentation. A consultation with a lawyer to draft a power of attorney is advised to allow you access to your money.
Stay Informed: Keep up-to-date with changes in immigration laws and policies. This can help you make informed decisions and take proactive steps to protect your finances.
Taking these steps can help undocumented immigrants manage their finances more effectively and prepare for potential deportation. If you need more detailed information or specific advice, consulting with a financial advisor or legal expert would be beneficial.
