How Undocumented Immigrants Can Invest & Start a Business: Maribel
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In episode 24, we discuss ways undocumented Latinos can invest and creates business in the United States.
Maribel, a first gen Latina who grew up in an undocumented household in the United States, strives to build financial security for herself and her community through investment and financial literacy, despite the seemingly impossible challenge of doing so without a Social Security number.
"No matter your immigration status, you can become a millionaire and retire comfortably with the right financial knowledge and resources."
Maribel is the creator and founder of Our Wealth Matters, a social platform dedicated to educating the immigrant community in the US about personal finance. She has a background in being an income tax preparer and works to provide resources to undocumented people.
Maribel was born in the United States, but her parents were undocumented immigrants. After learning about personal finance and the financial independence movement, Maribel realized there were ways to become financially independent even without a Social Security number. She researched and found companies that would accept an ITIN and began to share her knowledge with the immigrant community to help them achieve financial success. Maribel was driven by her own traumatic experience of living in the streets with her mother after her father was deported. She wanted to help other immigrants achieve financial stability and avoid similar situations. She opened a bank account and invested in the stock market, and now she helps others do the same.
In this episode, you will learn the following:
1. How can an undocumented immigrant in the US partake in personal finance and wealth-building opportunities?
2. What is an ITIN, and how does it enable financial opportunities?
3. How can an undocumented immigrant legally earn money in the US?
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*Educational content it's NOT to be considered financial advice.
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