Expat Advice: Financial Issues in Before retiring in Washington, it is important to understand the state's tax laws. Washington is one of seven states that does not have a personal income tax, but it does have a sales tax. Additionally, Washington has an estate tax, which applies to estates valued at more than $2.193 million. It is also important to understand the cost of living in Washington, which is higher than the national average. Finally, it is important to research the different retirement communities and cities in Washington to find the best fit for your lifestyle., Washington
Submitted by ResearchTeam
Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.
Before retiring in Washington, it is important to understand the state's tax laws. Washington is one of seven states that does not have a personal income tax, but it does have a sales tax. Additionally, Washington has an estate tax, which applies to estates valued at more than $2.193 million. It is also important to understand the cost of living in Washington, which is higher than the national average. Finally, it is important to research the different retirement communities and cities in Washington to find the best fit for your lifestyle.