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Old Yesterday, 08:45 AM
 
Location: equator
3,915 posts, read 1,707,013 times
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Quote:
Originally Posted by Over the hill gang View Post
No we never considered leaving the USA, we also stayed in Texas.
Do you ever leave Texas? In my experience, most Texans don't want to even leave the state!
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Old Yesterday, 09:14 AM
 
Location: NYC
3,096 posts, read 1,681,046 times
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Quote:
Originally Posted by Sand&Salt View Post
Why would your U.S. citizenship be "let go"? It stays with you unless you renounce it.
I'm not going to assume to answer for the person you asked this of but the 2 reasons one would typically "let go" of US citizenship are: 1 - political reasons; 2 - tax reasons: the US typically has taxation agreements with most countries one would consider moving to I believe, but the US is the only country that taxes its citizens no matter what country they live in & no matter how long one has been gone.

So some countries that offer tax exemptions to expats in order to get them to retire & reside there, usually more affluent than the locals & putting more currency into local economies, this perk may be nullified by still having to pay US taxes.
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Old Yesterday, 09:24 AM
 
Location: NYC
3,096 posts, read 1,681,046 times
Reputation: 8414
Quote:
Originally Posted by josie13 View Post
I won't need a visa to move to the UK. Along with all other Irish citizens, I have the right to move there tomorrow if I wish. The Common Travel Area (UK & the ROI) will not be affected by Brexit. afaik, Irish citizens will be the only EU citizens with the right to move freely and reside in either country after Brexit.



https://www.dfa.ie/brexit/getting-ir...n-travel-area/

My parents did not leave me much, but they did bequeath citizenship that includes the right to live in the UK, the EU, or Canada if I wish. My right to live in the USA is my own, by birth.

Thanks for posting this, I didn't realize that Irish citizens could freely reside in the UK. I got an Irish/EU citizenship through birthright about 30 years ago & so am dual. I never really looked into it but in the last year or two I've been watching streamed Brit shows & it's kindled my interest in England, plus I worked with a lot of Brits & some of my US coworkers loved visiting London & the UK & constantly went back & I'm sure I would love London & they speak English... but that weather.

But does Irish citizenship allow Canadian residency also? I didn't think so.
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Old Yesterday, 09:45 AM
 
Location: NYC
3,096 posts, read 1,681,046 times
Reputation: 8414
Quote:
Originally Posted by Shalhevet View Post
If you are currently living in the USA, have you considered retiring outside of the US? If so, where and why? Thank you!
I've considered it constantly almost all my life, perhaps due to being raised in family that looked to Europe almost as much as America when I grew up, so it was not a big leap in thinking. I spent a lot of the 90's visiting various countries in SE Asia sizing them up but in the end I realized, among other things, tropical climates aren't for me.

I've been considering, in order of consideration: Portugal, Spain, Mexico (Ajicic, San Miguel de Allende). Each have their pluses & minuses. I currently am most interested in Portugal but I think I would have a problem with learning the language. I'm already having problems dropping some English words, etc., & by the time I would be potentially moving would be several more years & I don't expect my memory to improve with the years.

I also still have an elderly parent which keeps me here for the duration, but I don't have many ties after that. So assuming I wouldn't be able to move until my early 70's I would likely have to find an expat-oriented, English speaking area.

Much more likely I suspect is that rather than abandon my current very modestly priced life in one of the world's most interesting cities where I can always find something to do, I may just elect to snowbird somewhere abroad if I can afford that.
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Old Yesterday, 10:00 AM
 
947 posts, read 443,167 times
Reputation: 2922
Ten years ago we explored the possibility of moving my business and our home to Chile. At the time Chile had several tax incentive programs and offered accelerated permanent residency intended to attract “high-tech” businesses.

We explored the north and south and found beautiful landscapes and friendly, spirited people. I liken the vibe to California in the 1950s. But in the end we realized it is a country for young people, and as a couple in our 50s the time for us to make that move had passed. Could we retire there? Again, the thought of living in Chile is attractive both spiritually and financially, but IMO it’s not a place for old gringos.
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Old Yesterday, 10:15 AM
 
Location: equator
3,915 posts, read 1,707,013 times
Reputation: 9793
Quote:
Originally Posted by Hefe View Post
I'm not going to assume to answer for the person you asked this of but the 2 reasons one would typically "let go" of US citizenship are: 1 - political reasons; 2 - tax reasons: the US typically has taxation agreements with most countries one would consider moving to I believe, but the US is the only country that taxes its citizens no matter what country they live in & no matter how long one has been gone.

So some countries that offer tax exemptions to expats in order to get them to retire & reside there, usually more affluent than the locals & putting more currency into local economies, this perk may be nullified by still having to pay US taxes.
Oh, yes the tax issue. It's not a consideration for us, so I forgot about it.

As infuriated and sad I am about the political situation, I could never renounce my citizenship.
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Old Yesterday, 11:22 AM
 
Location: Kountze, Texas
310 posts, read 47,384 times
Reputation: 269
Quote:
Originally Posted by Sand&Salt View Post
Do you ever leave Texas? In my experience, most Texans don't want to even leave the state!
Funny you say that. I moved to Texas in 1987 at the age of 22 when I was with the USAF - prior to that CA for first 8 years - then Michigan until 19 was stationed in Japan for 3 years - Left Texas at 47 for DH transfer to CA - then spent 3 1/2 years in AZ. Texas got in my blood - all four of my children were born in Del Rio, Texas - DH got to Texas a year after I did - so respectively 24 years for me and 23 years for me - Most of my maturing years - We both want to retire in Texas - Actually - hopefully very soon we will purchase our retirement home as an investment - I retire in 7 years.

So to the OP - NOPE - never in my wildest dreams would I retire overseas somewhere.
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Old Yesterday, 11:46 AM
 
Location: Idaho
4,738 posts, read 4,636,552 times
Reputation: 9397
Quote:
Originally Posted by Shalhevet View Post
If you are currently living in the USA, have you considered retiring outside of the US? If so, where and why? Thank you!
Considered Uruguay, (ex-spouse is/was Uruguayan and I've come to love the country). Main reason for consideration was cost-of-living. Eventually decided to not move there because my retirement finances give me a comfortable retirement here in the states.

Still under consideration is a part-time retirement overseas. Three months in southeastern France, then home the rest of the year. That may still happen, but not if the voters put me on the city council, (I'll be tied down locally for the next four years if that happens).
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Old Yesterday, 11:55 AM
 
508 posts, read 134,975 times
Reputation: 1356
I retired in the Socialist Republic of California and want to move *back* to the US - it'll mean my retirement dollars will go further!
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Old Yesterday, 12:58 PM
 
842 posts, read 583,307 times
Reputation: 2680
Quote:
Originally Posted by Hefe View Post
Thanks for posting this, I didn't realize that Irish citizens could freely reside in the UK. I got an Irish/EU citizenship through birthright about 30 years ago & so am dual. I never really looked into it but in the last year or two I've been watching streamed Brit shows & it's kindled my interest in England, plus I worked with a lot of Brits & some of my US coworkers loved visiting London & the UK & constantly went back & I'm sure I would love London & they speak English... but that weather.

But does Irish citizenship allow Canadian residency also? I didn't think so.
One parent was Irish, the other Canadian. Thatís why I carry three passports. I prefer to keep my options open in these troubled times. I live not far from the border of British Columbia.
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