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Feb 17th 2023, 8:15 am
Replies: 19
Views: 2,215
Posted By japettee

Re: Purchasing a house

Good to know that the extra stamp duty can be claimed back. Depending on when I exchange contracts, I might be shy of the 183 days residency requirement. I will ask my conveyance solicitor to clarify...
Forum: USA
Feb 1st 2023, 5:43 am
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks for this link. It looks like I can’t file this until confirmation of cessation of residency status. Not having a net worth of 2 million seems to be advantageous! I have completed my I407...
Forum: USA
Jan 30th 2023, 4:15 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Oh! Thanks for the tip - I obviously haven’t read the instructions very well. Yes, I will be using the I407 form.
Forum: USA
Jan 30th 2023, 2:24 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks! My departure from the US should have had a longer planning period! I have found out that some US investments are not recognised by the UK, so that will be interesting to unravel down the...
Forum: USA
Jan 30th 2023, 1:37 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

I have just spoken to a seemingly competent tax advisor and feel much better about what I need to do moving forward!
Forum: USA
Jan 30th 2023, 1:36 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks. I have found a handy WEP calculator on line. My anticipated social security payments will be just less than 50% of a normal payment, but at least I will still be eligible as a non-us...
Forum: USA
Jan 30th 2023, 1:33 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks. I have confirmed that social security payments can be made to UK citizens after renouncing resident status.
Forum: USA
Jan 30th 2023, 12:59 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thank you. I have followed the link and see that the UK has an agreement with the US, and social security will still be paid. This is a big relief. I have also used the SS website to calculate the...
Forum: USA
Jan 23rd 2023, 7:12 am
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

I was never interested in becoming a USC. And I wasn’t smart enough to think ahead to possible financial issues down the road!!
Forum: USA
Jan 22nd 2023, 5:25 pm
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks for this, it confirms what my advisor thought. By the way, I am she, not he, but you would have no way of knowing that! I will give up my green card right away. But will I still have to...
Forum: USA
Jan 22nd 2023, 7:34 am
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks for all your replies! I definitely need tax advice now. I a currently receiving a retirement cheque from teaching and will qualify for social security in a few years. I guess I imagined I...
Forum: USA
Jan 22nd 2023, 7:27 am
Replies: 45
Views: 5,690
Posted By japettee

Re: Relinquishing Green Card

Thanks, I appreciate this. I am 99.9% sure I’m staying in the UK. I have divorced my US husband and have no reason to return.
Forum: USA
Jan 21st 2023, 9:35 pm
Replies: 45
Views: 5,690
Posted By japettee

Relinquishing Green Card

I have returned to the UK after a 30 year stint in the US. A financial advisor asked if I was going to cancel my green card. I hadn’t given this a thought, but research shows me I have to if I am...
Dec 12th 2022, 12:31 pm
Replies: 14
Views: 1,310
Posted By japettee

Re: Looking for financial advisor

Thanks, this is a relief to know. I figured I would just have to sell over time if nothing else transpired. I will research financial advisors with more determination when I get back. Weird buying...
Nov 26th 2022, 3:31 pm
Replies: 14
Views: 1,310
Posted By japettee

Looking for financial advisor

I will be returning to the UK after 30 years in US. My financial advisor in the US isn’t familiar with UK tax rules and my previous advisor in the UK isn’t familiar with the US investments I now...
Sep 19th 2022, 8:29 pm
Replies: 8
Views: 1,715
Posted By japettee

Re: Moving back to UK - removal company recommendations

I have the same question as you! I'm hoping to move from central MA to Lincolnshire by the end of the year. I have been in contact with Isaacs Moving and Storage (with a location in MA). I did a...
Sep 19th 2022, 8:20 pm
Replies: 7
Views: 684
Posted By japettee

Re: Multi currency account advice

Thanks for your help. I just opened a Wise account!
Sep 19th 2022, 6:26 pm
Replies: 7
Views: 684
Posted By japettee

Re: Multi currency account advice

Good to hear about your positive arrangement with Wise. It sounds like it will suit my situation as well. I could make the change for my retirement deposit ahead of my move to make sure it works...
Sep 19th 2022, 6:21 pm
Replies: 7
Views: 684
Posted By japettee

Re: Multi currency account advice

Thanks for your advice. I was hoping to close my US accounts so will continue to explore the Wise option. Lloyds international is another good option as I have banked with them for 50+ years!
Sep 19th 2022, 3:24 pm
Replies: 7
Views: 684
Posted By japettee

Multi currency account advice

Facts: I'm a UK citizen living in US but moving back to the UK before the end of 2022. I currently receive a small monthly retirement deposit (from teaching) into a local US bank. I will qualify...
Showing results 1 to 20 of 20


 
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