Living in America

chipfire

I will be moving to the USA next year on a work assignment that will be for about 2 years. Does anyone have any advice concerning tax avoidance or entitlements, given that I will be paid as usual from the UK but living in Texas?

Mizz_Pink

Not a clue but I'm well jealous of you living there

Mrs_pbradley936

There is a tax treaty between the two countries to make sure you do not pay too much. I would get a dollar account - Barclays and Citi bank do them and get a dollar credit card sorted out before you go or you will never get one once you are there. They have a Social Security number for everyone and if you cannot quote it you are stuck for anything remotely official or financial. If you do not have a dollar credit cad and use a Stirling one you will be hit hard on every purchase which is Ok for a fortnight's holiday but silly if you are living there. Also make sure your health insurance coverage is adequate and is being paid for. You do not want to be ill and then find out that you are not covered.

tiff

We lived there for a while with husbands work although we were paid by the US company, not the UK one but UK pension entitlement was unaffected. The company also provided health cover, but be warned if you or your partner is pregnant you will still have to pay something, health insurance doesnt cover everything for maternity. Probably not relevant but things we learned when we were there!

chipfire

Thanks for the replies - any advice on changing up a large sum in steRling to dollars for car purchase?

pin

There is a double tax treaty with the States and the UK.

In terms of money a Citibank dollar account may be of use to you, easy transfers between £ and $. However you are required to keep a minimum balance.

http://www.citibank.co.uk/personal/banking/bankingproducts/currentaccounts/usdollar/index.htm