Jump to content

Recommended Posts

Posted (edited)

One of the problems of dual citizenship is Tax.  As I understand it from friends in this situation, if you come to the UK and get dual citizenship you'd be liable to pay *both*  the IRS and HMRC tax on your income unless you relinquish US citizenship.  Take advice from a professional before making a decision. 

The other phrase that comes to mind is 'out of the frying pan and into the fire'.  Speaking as a brit, things aren't great here either. The only thing keeping me here is looking after an elderly parent.  My plan for the future isn't to stay here - I'll move for sure.   

Edited by AirmaxUK
Correction
Posted
1 hour ago, AirmaxUK said:

One of the problems of dual citizenship is Tax.  As I understand it from friends in this situation, if you come to the UK and get dual citizenship you'd be liable to pay *both*  the IRS and HMRC tax on your income unless you relinquish US citizenship.  Take advice from a professional before making a decision. 

The other phrase that comes to mind is 'out of the frying pan and into the fire'.  Speaking as a brit, things aren't great here either. The only thing keeping me here is looking after an elderly parent.  My plan for the future isn't to stay here - I'll move for sure.   

I can only echo this. I was in New York last week and, honestly, if I didn’t also have responsibilities and could afford to do so, I’d quit the UK and move there in a heartbeat. 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use, Privacy Policy, and Guidelines. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.