Allow people with ITINS in VA to obtain a Life Insurance License
Allow people with ITINS in VA to obtain a Life Insurance License
Why this petition matters

The Financial Services and Insurance Industry has truly made a significant impact in my life whether it be financially mentally etc. I believe that hard working immigrants that come to this country and especially here to VA and legally pay taxes ever year and do their duty as residents of VA and Have a VALID Tax ID Number should be given the opportunity and allowed to be able to apply and obtain a life insurance in annuity license!
I work with a FMO that is EXTREMELY DIVERSE where I have seen first hand the impact and the benefit in allowing residents of states that hold Tax IDs to be able to obtain their life insurance license like California.
For 1 that state would be a HUGE benefactor due to these immigrants allowing them the chance to get into an industry that can potentially help them make well over 6 figures even imagining just a 100 people making 6 figures out of the millions of tax ID holders here in VA how much revenue in taxes that would bring to the state.
Secondly it really incentivizes these hard working immigrants that there is even more opportunity here in this country and especially in VA which causes the minority wealth to go up which is huge due to how rapidly the rise of immigrants in this country.
Overall both the state of VA the government and especially al Tax ID holders will be largely benefited from making such a decision. I hope we can get this change done as soon as the need of 2021 if not FASTER!