British Expats - PR versus Citizen?

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- - PR versus Citizen? (https://britishexpats.com/forum/usa-57/pr-versus-citizen-514156/)

Re: PR versus Citizen?

Quote:

Originally Posted by Marmalade (Post 5934399)

Thanks for answering once again. I am in the process of researching my questions in depth. I am not the type of person to not pay/file taxes, and do realize there is a chance I may decide to come back to the US in the future. Nobody can predict the future as I have read over and over on these threads. Thank you for all of your help.:thumbsup:

:p I just noticed your 'location'.. no wonder you want to get out of there right now! Hope all has been OK for you out there.. sunny & almost 60 today here, go figure.

You can use the Advanced search for posts by Folinskyinla on the search word abandonment. He's an immigration attorney who has made a bit of a specialty out of that topic.

Re: PR versus Citizen?

Quote:

Originally Posted by Marmalade (Post 5933881)

Nun - so if you were a Permanent Resident and moved to the UK how long would you have to file taxes for? I am a PR right now and will be moving back to the UK because that is where I want to live for the rest of my life (been here 20 years).

The only thing that concerns me about the future is visiting the US after I have lost my Permanent Resident status. I have great friends over here who I want to visit. I hope that visiting will not be a problem, will it (without my PR status)? The only reason I would get USC is to lock in the fact that I can travel back here for visits without any problems.

It used to be that if you left the US and gave up the GC you still had to file with the IRS for 10 years, but I think they put an income limit on it now and if your net worth is less than $2M they don't make you do it anymore. But if you have any money in the US, like retirement funds in 401ks etc, even if you are in the UK you'll still have to file with the IRS when you start taking income form them.

The really nasty thing is when you are a US citizen living in the UK as you can't take advantage of ISAs or invest in UK based Unit Trusts.

Re: PR versus Citizen?

Thanks everyone, I have a lot of good advice to chew on right now:D

meauxna - I will do an advanced search. Thank you.

Over and out for now.

Marmalade.:wub:

Re: PR versus Citizen?

Quote:

Originally Posted by meauxna (Post 5934528)

:p I just noticed your 'location'.. no wonder you want to get out of there right now! Hope all has been OK for you out there.. sunny & almost 60 today here, go figure.

You can use the Advanced search for posts by Folinskyinla on the search word abandonment. He's an immigration attorney who has made a bit of a specialty out of that topic.

:sneaky:

Re: PR versus Citizen?

Quote:

Originally Posted by another bloody yank (Post 5936853)

:sneaky:

Aren't you having some crummy weather.. I've been concerned for you, too! :thumbsup:

Re: PR versus Citizen?

Quote:

Originally Posted by meauxna (Post 5937731)

Aren't you having some crummy weather.. I've been concerned for you, too! :thumbsup:

Ohhh! You meant because of the weather!:o

It's been kind of chilly lately, but I'm a cold weather person so I don't mind. This ice storm business does suck though... :mad: