Jump to content
chbolero

Moving back to UK after becoming US Citizen/Tax Implications

By chbolero in Emigrating Outside the US

 Share

7 posts in this topic

Recommended Posts

chbolero Rookie

chbolero   4

Posted
Filed: AOS (pnd) Country: United Kingdom
 Timeline
Posted

Hello,

 

I gained my US Citizenship in May 2023 and may have the opportunity to move back to the UK. Is there any restriction on how long you have to have been a US Citizen before moving back to the UK? I wouldn't want to lose my US Citizenship or pay any penalty for moving back.

 

Second question - how does it work with paying taxes to the USA if working in the UK? Is there a threshold? If anyone has any information or links they could share, I would appreciate it.

 

Thank you.

Link to comment
Share on other sites
Ontarkie Grand Master

Ontarkie   14,217

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted

~~Moved to Emigrating Outside the US, from US Citizenship Discussion - the OP is now a USC thinking about moving outside the US.~~

Spoiler

Met Playing Everquest in 2005
Engaged 9-15-2006
K-1 & 4 K-2'S
Filed 05-09-07
Interview 03-12-08
Visa received 04-21-08
Entry 05-06-08
Married 06-21-08
AOS X5
Filed 07-08-08
Cards Received01-22-09
Roc X5
Filed 10-17-10
Cards Received02-22-11
Citizenship
Filed 10-17-11
Interview 01-12-12
Oath 06-29-12

Citizenship for older 2 boys

Filed 03/08/2014

NOA/fee waiver 03/19/2014

Biometrics 04/15/14

Interview 05/29/14

In line for Oath 06/20/14

Oath 09/19/2014 We are all done! All USC no more USCIS

 

Link to comment
Share on other sites
Mike E Grand Master

Mike E   11,739

Posted
Filed: Citizen (apr) Country: Myanmar
 Timeline
Posted
6 hours ago, chbolero said:

Second question - how does it work with paying taxes to the USA if working in the UK? Is there a threshold? If anyone has any information or links they could share, I would appreciate it.

https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion
 

https://www.irs.gov/individuals/international-taxpayers/foreign-tax-credit
 

 

Link to comment
Share on other sites
Chancy Grand Master

Chancy   6,241

Posted
Filed: IR-1/CR-1 Visa Country: Philippines
 Timeline
Posted
On 10/1/2023 at 1:41 PM, chbolero said:

Is there any restriction on how long you have to have been a US Citizen before moving back to the UK? I wouldn't want to lose my US Citizenship or pay any penalty for moving back.

 

If you want to, you may even leave the US forever on the day you get your US passport.  The US government won't hold that against you and won't revoke your US citizenship.  Just make sure to file your US taxes.  The US tax filing threshold (which is updated by the IRS every year) is the same whether you live/work in the US or in the UK.  Note also that filing US taxes does not necessarily mean paying US taxes, because of the exclusion/credit linked above.

 

Link to comment
Share on other sites
  • 8 months later...
spicynujac Apprentice

spicynujac   23

Posted
Timeline
Posted

FYI USA is the only country other than Eritrea that claims it is due income tax from you worldwide, no matter where you earn it.  So you're stuck with Uncle Sam for life now.

You may also be subject to the onerous requirements of FATCA which is notorious for opening certain foreign accounts quite difficult.  As UK is the banking and finance center of the world, I suspect you can easily find a firm there to work with.

 

https://www.angloinfo.com/blogs/global/us-tax/overseas-americans-cant-open-foreign-accounts-because-of-fatca-court-says-tough-luck/

 

There are plenty of FATCA horror stories out there, and the penalties are extreme, so I strongly suggest you work with an accountant or tax specialist familiar with UK and US tax rules.

Link to comment
Share on other sites
TBoneTX Grand Master

TBoneTX   45,259

Posted
Filed: Citizen (apr) Country: Ecuador
 Timeline
Posted

OP has not returned since the day after posting.  Old thread is now closed.

06-04-2007 = TSC stamps postal return-receipt for I-129f.

06-11-2007 = NOA1 date (unknown to me).

07-20-2007 = Phoned Immigration Officer; got WAC#; where's NOA1?

09-25-2007 = Touch (first-ever).

09-28-2007 = NOA1, 23 days after their 45-day promise to send it (grrrr).

10-20 & 11-14-2007 = Phoned ImmOffs; "still pending."

12-11-2007 = 180 days; file is "between workstations, may be early Jan."; touches 12/11 & 12/12.

12-18-2007 = Call; file is with Division 9 ofcr. (bckgrnd check); e-prompt to shake it; touch.

12-19-2007 = NOA2 by e-mail & web, dated 12-18-07 (187 days; 201 per VJ); in mail 12/24/07.

01-09-2008 = File from USCIS to NVC, 1-4-08; NVC creates file, 1/15/08; to consulate 1/16/08.

01-23-2008 = Consulate gets file; outdated Packet 4 mailed to fiancee 1/27/08; rec'd 3/3/08.

04-29-2008 = Fiancee's 4-min. consular interview, 8:30 a.m.; much evidence brought but not allowed to be presented (consul: "More proof! Second interview! Bring your fiance!").

05-05-2008 = Infuriating $12 call to non-English-speaking consulate appointment-setter.

05-06-2008 = Better $12 call to English-speaker; "joint" interview date 6/30/08 (my selection).

06-30-2008 = Stokes Interrogations w/Ecuadorian (not USC); "wait 2 weeks; we'll mail her."

07-2008 = Daily calls to DOS: "currently processing"; 8/05 = Phoned consulate, got Section Chief; wrote him.

08-07-08 = E-mail from consulate, promising to issue visa "as soon as we get her passport" (on 8/12, per DHL).

08-27-08 = Phoned consulate (they "couldn't find" our file); visa DHL'd 8/28; in hand 9/1; through POE on 10/9 with NO hassles(!).

Link to comment
Share on other sites
 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.
Guest
This topic is now closed to further replies.
 Share
Go to topic listing
- Back to Top -

Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...