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Returning home to the UK - Where do I begin?

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GretchenCali
6/24/2018 18:43 EST

It’s time and ageing parents are my motivation to move back to the UK (my birthplace) after spending 30 years in the USA. Currently, I have no roots in the US, so a relatively easy decision to make. I’ve worked with my current US employer since 1991. I’m stepping out on Faith that I will find work in the UK, due to my contacts in recruitment, and I will reside with my parents in their home. I never applied for a US Citizenship, but I’ve been a US Green Cardholder for 28 years. I’ve just returned from a UK visit (after assessing my parents’ needs) and call me ambitious, but I would like to move back to the US as soon as December 2018. So, my questions are as follows:

1. Where do I begin in terms of US Social Security, retirement plans, and company pension?
2. How do I set this up, so these US benefits follow me to the UK?
3. Should I apply for a US Citizenship? I was told that I would have to denounce my US Green Card, and will not be entitled to my US Social Security (upon retirement), my US 401K/Plan B Retirement Plans, or US pension if I do not have US Citizenship. Is this true? Having read some of the comments on this forum, it appears that there are US tax implications with holding a Green Card and/or US Citizenship upon returning to the UK permanently.

Please advise and thank you for this forum.

Post a Reply

00abuse

ponymalta
5/10/2019 14:53 EST

social security will make payment direct to uk bank account

usa 401k could care less where you live but if in doubt get usa mailing address and keep open usa bank account,

tax implications best talk to accountant,

Post a Reply

10abuse

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