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Old 01-30-2012, 07:20 PM
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Join Date: Jan 2012
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UK Citizen - Moved To US - Selling UK Property + Work In The US

In short..

- UK Citizen
- UK House (Rented) In UK - have not lived in it last 2 of 5 years
- UK Investment Income
- F1 Student Visa
- Filed 8843 for 2011 - Only Bank Interest Income
- Getting Married To US Citizen
- 2012 - Got US Job & SSN

[1] What is the best way to sell my UK property and bring money to the US from a tax standpoint?

[2] I plan to live in the US for the indefinite future. Should I become a US citizen or not? What are the benefits in terms of tax?

[3] Both me and my wife working, but are both claiming single. Should we switch it to joint (total income > $100k)

[4] I assume it is easy for the US government to find my bank accounts in the UK if I don't declare them - and as they all earn interest - I guess I will need to. Any advantages of keeping less than $10k in each of my UK accounts?

[5] Are there any tax implications of transferring money from my UK to US accounts?

[6] How does the UK / US dual tax treaty affect my UK investment and UK property rental income? If I pay UK taxes on them both.

[6] What are the best ways for me to limit my overall tax exposure, and get my marginal tax rate down?

Thanks so much for your help in advance



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