Taxation for Retired Teachers
Sep 17th 2012, 1:03 am
#16
Forum Regular
Thread Starter
Joined: Jun 2011
Posts: 71
Re: Taxation for Retired Teachers
Yes in December 2009.
I decided however it worked out in future years, the difference in tax between one country and the other, probably wasn't going to be a huge amount. In 2010, 2011 I paid less tax in the US, than I would have paid in the UK. Paying tax in the UK, while living in the US, and not planning to return to the UK, didn't make sense. Why pay tax in a country where you are not going to get any benefit from it. I had to pay tax, so preferred to pay tax where I lived.
I decided however it worked out in future years, the difference in tax between one country and the other, probably wasn't going to be a huge amount. In 2010, 2011 I paid less tax in the US, than I would have paid in the UK. Paying tax in the UK, while living in the US, and not planning to return to the UK, didn't make sense. Why pay tax in a country where you are not going to get any benefit from it. I had to pay tax, so preferred to pay tax where I lived.
Sep 17th 2012, 1:49 am
#17
Joined: Apr 2005
Location: Milwaukie, Oregon
Posts: 9,970
Re: Taxation for Retired Teachers
I'm a dual citizen, as is my wife. She is a USC and we lived in the UK for a few years. She got British citizenship when she qualified. I think the piece of mind of knowing we can come and go as we please, and live in either country is worth it. Especially with the new regulations in the UK, and the limited ways of qualifying to live permanently in the US.
