Self sufficient?
#1
Just Joined
Thread Starter
Joined: May 2009
Posts: 8
Self sufficient?
Hi,
I was wondering if its possible to move and live permanently in the USA if you are completely self sufficient i.e. won the lottery or been left enough money to purchase a property, car etc and have enough left to live comfortably?
I have looked through several pages of several forums but cannot see any info on this.
Cheers
I was wondering if its possible to move and live permanently in the USA if you are completely self sufficient i.e. won the lottery or been left enough money to purchase a property, car etc and have enough left to live comfortably?
I have looked through several pages of several forums but cannot see any info on this.
Cheers
#2
I have a comma problem
Joined: Feb 2009
Location: Fox Lake, IL (from Carrickfergus NI)
Posts: 49,598
Re: Self sufficient?
Hi,
I was wondering if its possible to move and live permanently in the USA if you are completely self sufficient i.e. won the lottery or been left enough money to purchase a property, car etc and have enough left to live comfortably?
I have looked through several pages of several forums but cannot see any info on this.
Cheers
I was wondering if its possible to move and live permanently in the USA if you are completely self sufficient i.e. won the lottery or been left enough money to purchase a property, car etc and have enough left to live comfortably?
I have looked through several pages of several forums but cannot see any info on this.
Cheers
Having said that, I bet enough money could buy one's way in.
#3
Re: Self sufficient?
Isn't that the EB5 program? I believe it is possible to attain permanent residence, if the project in which one invests does well enough. OP, search for posts about EB5 in the US Immigration and Visas section of the forum.
#4
I have a comma problem
Joined: Feb 2009
Location: Fox Lake, IL (from Carrickfergus NI)
Posts: 49,598
#5
Just Joined
Thread Starter
Joined: May 2009
Posts: 8
Re: Self sufficient?
Thanks for your replies.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
#6
Re: Self sufficient?
Thanks for your replies.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
#7
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Joined: Jan 2012
Location: Lexington, KY
Posts: 674
Re: Self sufficient?
Thanks for your replies.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
#8
Re: Self sufficient?
Thanks for your replies.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
#9
Lost in BE Cyberspace
Joined: May 2010
Location: San Diego, California
Posts: 9,662
Re: Self sufficient?
Thanks for your replies.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
You need to have a work visa, investment visa, spouse/immediate relative visa to become a permanent legal resident.
You CAN apply for a B2 visa which allows multi-entry into the US for longer periods than 3 months (which is what the Visa Waiver program gives you), but nothing, apart from the visas mentioned above, give you permanent residency.
#11
Re: Self sufficient?
Thanks for your replies.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
I was thinking of it more like being a permanent tourist. Owning a house, car, pool and being on permanent vacation. Spending the money on food, gas, furniture and luxuries. Having top notch health insurance and contributing to the tax system in those ways. I didn't have any plans on investing any money in anything.
Rene
#12
BE Enthusiast
Joined: Aug 2012
Posts: 302
Re: Self sufficient?
What about finding a business to sponsor you for a work visa? I believe my dad did this for his gf, he had her on his payroll when he was married to the wife before her. They are married now but I believe he did end up sponsor her on some kind of work visa. She leaves out prepositions and has no subject/verb agreement but was an editor.
#13
Re: Self sufficient?
In the land of litigation and world wide tax...this would be the last place on earth you'd want to live permanently if you were minted and that self sufficient.
#14
Just Joined
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Joined: May 2009
Posts: 8
Re: Self sufficient?
You've obviously never lived in the UK then :-)
#15
Forum Regular
Joined: Apr 2010
Posts: 236
Re: Self sufficient?
I would say that cuts both ways!
In my opinion, I would agree with Bob that the risk of litigation in the US and the reach of the IRS is much greater than the litigation risk in the UK and the reach or HMRC.
In theory the UK may have higher tax, but at that level of wealth, it's not uncommon to see offshore avoidance schemes bring the amount paid down to very low levels (e.g. 1% in the case of Jimmy Carr).
In my opinion, I would agree with Bob that the risk of litigation in the US and the reach of the IRS is much greater than the litigation risk in the UK and the reach or HMRC.
In theory the UK may have higher tax, but at that level of wealth, it's not uncommon to see offshore avoidance schemes bring the amount paid down to very low levels (e.g. 1% in the case of Jimmy Carr).