@osterfelder
Out of curiosity, instead of asking the UK folk about life in the US, most of UK folk are very proud of their double tax system and the "free" NHS, don't you have any contacts out there you can reach out to? Might be worth talking to a recruiter in the US, get them to start looking for work. You can do remote interview and have a job on hand when you get there. This would also determine which state you would move to, and then look at properties if you want to buy or rent.
Just stating the easiest route I would go. I would reach out to all my contacts, family, friends and get them working for me, then sell all my assets here and just buy a house out right over there. You can't go there with the mindset of money, I need that much because I am used to that, that's the wrong attitude. Different living costs depending where you move. Overall you will have a lot more buying power after taxes than here. For example you buy things online from different states and you pay no VAT. I guess it has something to do with the litre of petrol being £0.50 pence.
Inheritance Tax, Capital Gains etc... completely different ball game, the allowance is in the millions of $. Married couples actually get benefits of being married, again not like in the UK where you are better off never declaring that your are living together since they treat you like 1 individual for tax purposes. Example, each person having a house, getting married at which point one of the 2nd homes becomes a secondary home and gets slapped with taxes.
Here you get suppressed to stay in your medium class lane. The moment you try and move out of it, you get slapped with so much Tax, you go right back in that middle lane, even further behind.
In regards to people living out of their cars, sure, I can say the same about London. If you spend all your money on going out, living the life you can't afford then what do you expect. Plenty of people in the UK living pay-check to pay-check, including £600pd contractors. I just read a post earlier about a contractor saying he is struggling, his war chest depleted putting stuff on credit card... how the hell you get to that stage? No idea as I never had this problem even during the recession when I was out of work for almost a year and still doing perm jobs. Only went contracting after the second redundancy. I always spent only what I could afford and never borrowed money from anyone. I wasn't spending £30 a day on coffee and food. LA, NYC just like London has a lot of young people having the need to show they have more, if you are a poser and a fake of course you are going to struggle.
I can tell you some salaries of people I know personally, my cousin who just finished University got picked up, trained to be a PM for a software house on a salary of $120k. Telephony engineer at $85k (Cisco, Shoretel and Skype). Have a look at US job sites and see what you can get.
Out of curiosity, instead of asking the UK folk about life in the US, most of UK folk are very proud of their double tax system and the "free" NHS, don't you have any contacts out there you can reach out to? Might be worth talking to a recruiter in the US, get them to start looking for work. You can do remote interview and have a job on hand when you get there. This would also determine which state you would move to, and then look at properties if you want to buy or rent.
Just stating the easiest route I would go. I would reach out to all my contacts, family, friends and get them working for me, then sell all my assets here and just buy a house out right over there. You can't go there with the mindset of money, I need that much because I am used to that, that's the wrong attitude. Different living costs depending where you move. Overall you will have a lot more buying power after taxes than here. For example you buy things online from different states and you pay no VAT. I guess it has something to do with the litre of petrol being £0.50 pence.
Inheritance Tax, Capital Gains etc... completely different ball game, the allowance is in the millions of $. Married couples actually get benefits of being married, again not like in the UK where you are better off never declaring that your are living together since they treat you like 1 individual for tax purposes. Example, each person having a house, getting married at which point one of the 2nd homes becomes a secondary home and gets slapped with taxes.
Here you get suppressed to stay in your medium class lane. The moment you try and move out of it, you get slapped with so much Tax, you go right back in that middle lane, even further behind.
In regards to people living out of their cars, sure, I can say the same about London. If you spend all your money on going out, living the life you can't afford then what do you expect. Plenty of people in the UK living pay-check to pay-check, including £600pd contractors. I just read a post earlier about a contractor saying he is struggling, his war chest depleted putting stuff on credit card... how the hell you get to that stage? No idea as I never had this problem even during the recession when I was out of work for almost a year and still doing perm jobs. Only went contracting after the second redundancy. I always spent only what I could afford and never borrowed money from anyone. I wasn't spending £30 a day on coffee and food. LA, NYC just like London has a lot of young people having the need to show they have more, if you are a poser and a fake of course you are going to struggle.
I can tell you some salaries of people I know personally, my cousin who just finished University got picked up, trained to be a PM for a software house on a salary of $120k. Telephony engineer at $85k (Cisco, Shoretel and Skype). Have a look at US job sites and see what you can get.
Comment