snthn

I appreciate all of this, thank you. I suppose if I do keep some money in a UK bank account, but keep it under 10,000, then FBAR will not be necessary, but I will have that money as a backup should I need to spend any amount of time in the UK. At present, I'm considering speaking to HSBC or possibly my current bank; I am getting Google results for "Expat Bank Accounts" with Santander, but then going to those links seems to direct me to a generic "International" page, so I may need to do some further digging. I will have to delve deeper still into pensions at some point, as it's the main thing I'm concerned about accessing in the future. My main takeaway is that speaking to a financial advisor when I arrive in Ohio may be my best bet in terms of determining the best thing to do with my money once I arrive + finding an expat tax advisor (I have been trying to Google it, but have been at a loss when trying to figure out the correct terminology, so thank you again!)

I use Santander, but I've seen a couple of comments mentioning HSBC now, so I may inquire with them.

I have an approved K1 visa and have made plans to move to the US - more or less everything is worked out, aside from one thing: finances, my Achilles' heel. My questions, if anyone is able to help me answer them: 1. What is the best method to transfer my finances while making this process as simple as possible? I have seen people mention leaving their UK accounts open, but I can't see what benefit that gives you - if anything, it seems like there is just additional work being created (reporting interest as income on taxes; reporting foreign finances on an FBAR form) 2. When should I arrange to transfer the money? Before I move to the US? After I move to the US and set up an account of my own? 3. What the hell do I do with my UK pension? From what I have been able to find out, the US does not have anything similar to UK pension schemes. If I choose to leave this in the UK, do I need to fill out additional forms such as the FBAR, or report this on any future tax reports? 4. Is there anything I need to keep in mind in terms of taxes when I enter the US? In the UK, my taxes were calculated automatically with no necessary input or self-reporting of my income on my end. I don't know where to even begin when it comes to the US tax system and feel woefully unprepared for this. From what I can tell, Wise seems to be the best option for transferring my money across from my UK accounts. So, if my fiancée sets up a shared account for us to use, should I transfer my savings into this using Wise? I have over 100K GBP to transfer.