Moving to the U.S. and so looking for advice
Hey there folks!
Was browsing the Internet for forums and came across this particular site.
Little bit of background:
I’m a British citizen, and am now transferring over to the U.S. having requested to do so. Reason being, I’m planning to make the U.S. my permanent home - it’s always been a dream of mine.
I have been given a few options to choose from which is nice since company transfers are often ‘you take what you get’ - which is something I definitely wouldn’t have minded in this instance.
Considering that I’ll be making around £650k GBP (around $760k on current FX rates), which would be the best location for tax purposes? My priority really is an area where I can settle down and relax with a family in the years to come. Good quality of life, great houses, fantastic nightlife, quality education, etc.
I’d love to hear the pro/cons for each basically.
Options (alphabetised):
- Chicago, IL
- Boston, MA
- Dallas, TX
- Los Angeles, CA
- New York, NY
I appreciate your help.
Best Regards.
In regards to taxes, you may want to stay away from New York and California with some of the highest rates in the country, and look at Texas which doesn't have a state income tax. I can't really speak on other states. You will still have to pay federal taxes anywhere you decide to live.
Texas is the best location for tax purposes. Everything else is pretty arbitrary, although "nightlife" is probably slotted toward LA and NY.
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