Moving to the US info
Discussion
The Moose said:
Congrats!
On the taxation front, I would strongly suggest you take specialist advice - also note that I believe that as soon as you are granted the green card you become a US person from a taxation perspective as opposed to when you move to the US. I don't know if that'll make a difference to you?
Good advice, actually essential advice ! On the taxation front, I would strongly suggest you take specialist advice - also note that I believe that as soon as you are granted the green card you become a US person from a taxation perspective as opposed to when you move to the US. I don't know if that'll make a difference to you?
Generally speaking US investment funds have to have their internal capital gains distributed to fund holders every year so they can be taxed
, It raises the cost basis, so it's not so bad. You will find that any investments you may hold in UK may have in tiny writing "Not suitable for US persons"
Best to check !
A US person means citizen or resident. Not difficult to get it right. penalties are often in the 25% range !!!! plus any tax due, plus interest etc etc
Update time!
So, where am I? I am still here in the UK. When will I be moving to Tennessee? Not going to happen.
The visa was fully approved, I had vacated my apartment and was interviewing people who wanted to rent it from me. I had sold and given away many possessions I could not take with me and had (biggest of all) worked my 3 month notice period and walked away from my career. at the end of November
I was due to travel out at the end of December for a mid-January wedding, however my other half had other plans. Instead of the nice calm life we we looking at she decided to ostracise my entire family, ensuring none of them would want to visit us. Quite the blow, as you can imagine. It turned what should have been the happiest time of my life into the darkest. I was torn between travelling over there to be with someone whose actions I completely disagreed with, in the hope they could be resolved or staying in the UK with family and friends who had been insulted beyond all belief. My family made a point of saying that although they did not like her for her views and what she had said, they would still support my decision 100% should I go.
I spent a great deal of time thinking it over, I even postponed the move until the end of January, but my fiancée's views got worse and worse and she kept hurling out insults towards my family members. Ultimately I took the decision to call it all off.
This isn't supposed to be an agony aunt post; I've pulled myself together over the last few months. A couple of friends in particular have been phenomenal at keeping me sane. I've taken the decision to sell my apartment and buy a house. I was in touch with my old manager who instantly offered me my old position back, which I rejected. This whole thing was supposed to be a new chapter and although it hasn't worked out the way I had intended, I'm still going to make it a new chapter.
I do have one question, my visa expired at the end of January, I will not be using it. I am however travelling out to the west coast of the US at the end of this month, will the visa in my passport present a problem when entering the country?
Should I apply for a new passport to avoid any issues?
So, where am I? I am still here in the UK. When will I be moving to Tennessee? Not going to happen.
The visa was fully approved, I had vacated my apartment and was interviewing people who wanted to rent it from me. I had sold and given away many possessions I could not take with me and had (biggest of all) worked my 3 month notice period and walked away from my career. at the end of November
I was due to travel out at the end of December for a mid-January wedding, however my other half had other plans. Instead of the nice calm life we we looking at she decided to ostracise my entire family, ensuring none of them would want to visit us. Quite the blow, as you can imagine. It turned what should have been the happiest time of my life into the darkest. I was torn between travelling over there to be with someone whose actions I completely disagreed with, in the hope they could be resolved or staying in the UK with family and friends who had been insulted beyond all belief. My family made a point of saying that although they did not like her for her views and what she had said, they would still support my decision 100% should I go.
I spent a great deal of time thinking it over, I even postponed the move until the end of January, but my fiancée's views got worse and worse and she kept hurling out insults towards my family members. Ultimately I took the decision to call it all off.
This isn't supposed to be an agony aunt post; I've pulled myself together over the last few months. A couple of friends in particular have been phenomenal at keeping me sane. I've taken the decision to sell my apartment and buy a house. I was in touch with my old manager who instantly offered me my old position back, which I rejected. This whole thing was supposed to be a new chapter and although it hasn't worked out the way I had intended, I'm still going to make it a new chapter.
I do have one question, my visa expired at the end of January, I will not be using it. I am however travelling out to the west coast of the US at the end of this month, will the visa in my passport present a problem when entering the country?
Should I apply for a new passport to avoid any issues?
Oh no, thats not good - but at least you seem to be confident in your decisions and that has to be a good thing.
As for the Visa - shouldnt be an issue. If its expired, just make sure you have an ESTA instead. I did this before and they took one look at the Visa and checked the ESTA and all was good. They may ask a question around it, but as long as you have valid authorization to enter, you should be good.
They will have the Visa on record anyway, so even if you got a new passport, its likely they will ask about it anyway. But plans change, timelines adjust and its pretty common for this to happen. Just make sure you have that authorization and you should be good.
As for the Visa - shouldnt be an issue. If its expired, just make sure you have an ESTA instead. I did this before and they took one look at the Visa and checked the ESTA and all was good. They may ask a question around it, but as long as you have valid authorization to enter, you should be good.
They will have the Visa on record anyway, so even if you got a new passport, its likely they will ask about it anyway. But plans change, timelines adjust and its pretty common for this to happen. Just make sure you have that authorization and you should be good.
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