Why not , before you make the move to PI, set up a residency in a
state without income tax?
Go rent for a month or 2, get your drivers license, then boogity out
from there...
RUFUS
--- In LivingInThePhilippi
<king_neptune2002@
>
> Also would be good to get some input from members living in PI on how
> they did/do their State tax's.
>
> Semper Fi!
>
> Mike J.
>
>
> --- In LivingInThePhilippi
> <ojh7812@> wrote:
> >
> > It's also about the property and the bank accounts you own in that
> > state. California also has a rapacious attitude about taxes: they
> used
> > to go after retiree pensions after the retiree had moved to another
> > state on the theory that the retiree "earned" the pension while
> > working in California. Thank goodness Congress put a stop to that
> one,
> > but the attitude is still very much there.
> >
> > If I needed to maintain a permanent address in the US after retiring
> > elsewhere, I would move to a low or no tax state. Nevada and Florida
> > are two that I would consider. I would start by closing every
> account
> > based in California and selling any California real estate I might
> > still have at that time. And dump my California driver license for
> one
> > in another state. In other words, cut all ties to California.
> >
> > --- In LivingInThePhilippi
> > <revaddict@> wrote:
> > >
> > > Now that you mention it, I think you're right about the part-time
> > > thing. I think your state of residence has to do with how much
> time
> > > in a year that you spend in your state or something. I'll have to
> > > check into that.
> > >
> > > Paul
> > >
> >
>
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