Guide for International Students: Securing a Car Loan and Driving Credentials
This comprehensive guide details how international students with F-1/OPT visas can obtain a driver's license and secure auto loans. It outlines the required documents, insurance necessities, and special services like Stilt that assist non-citizens in financing vehicles. The article emphasizes the importance of proper documentation and auto insurance, offering practical steps to navigate vehicle ownership in a foreign country successfully.
Guide for International Students: Securing a Car Loan and Driving Credentials
International students studying under F-1/OPT visas and residing in the country can indeed purchase a vehicle, though the process may take additional steps. Eligibility requires meeting certain criteria, including obtaining a valid driver’s license and auto insurance. To get a driver’s license, students need proper documents like Form I-94, Form DS 2019, a Social Security Number or equivalent, and proof of residency, such as a valid passport with appropriate visa stamps. Auto insurance is mandatory in most states and essential for applying for a car loan.
