We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Investing £300k for 3 years?

chipfire · 2007-01-22 09:37:59

I am leaving the country for a few years with my work (Texas):j What would you do with £300k for 3 years? I am wary of property as I really won't be able to manage letting it out and rightly or wrongly I don't trust agencies or tenants not to screw it up and fleece me. Maybe housing is at a peak, maybe I am paranoid and…

Comments

Cook_County Posts: 3,092 Forumite

22 January 2007 at 7:50PM

I am still unclear about whether or not you are subject to US tax. What class of visa will you be working on (eg L1, H1B, J1 etc?).

It is vital you contemplate this because otherwise you could fnd yourself paying US tax on income at the penal rates applied to investments in Passive Foreign Investment Companies.

Can you clarify the type of visa?

0