Moving to London but salaries??

[Anonymous]

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Fantastically ill-informed nonsense from a genuine idiot. Thanks for playing.

Oh Really? Which part because I actually lived there for 5 years and we knew many in the international community who experienced and or would agree with everything I wrote. Did I touch a nerve lol.😂 Perhaps you’re a Brit with bad teeth living in denial about the reality of living the UK in comparison to here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

[Anonymous]

If you want a typical DCUM standard of living over there, you will need your job to accommodate you with housing and COLAS, or you need to already be making enough to transition smoothly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

I think you mean "Rube" instead of "Moron."

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

I have been an expat multiple times. Renouncing citizenship is very rare. And I am not sure how you get “most” when you're citing 3 out of 100,000 expat Americans in London.

Mate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Fantastically ill-informed nonsense from a genuine idiot. Thanks for playing.

Oh Really? Which part because I actually lived there for 5 years and we knew many in the international community who experienced and or would agree with everything I wrote. Did I touch a nerve lol.😂 Perhaps you’re a Brit with bad teeth living in denial about the reality of living the UK in comparison to here.

DP
I agree with most of what you wrote. The part about giving up your passport is dead wrong though. I lived there 7 years and got a passport after 2, still have my American one. My kids have both.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Fantastically ill-informed nonsense from a genuine idiot. Thanks for playing.

Oh Really? Which part because I actually lived there for 5 years and we knew many in the international community who experienced and or would agree with everything I wrote. Did I touch a nerve lol.😂 Perhaps you’re a Brit with bad teeth living in denial about the reality of living the UK in comparison to here.

DP
I agree with most of what you wrote. The part about giving up your passport is dead wrong though. I lived there 7 years and got a passport after 2, still have my American one. My kids have both.

I hope you don’t agree most cars are diesel though, esp they only accounted for 3% of new car registrations last year.

Also, most people look forward to trying new foods and cuisines when they move overseas. If eating hamburgers and Tex-Mex are a big issue then it’s probably better to stay in the US.

[Anonymous]

Anonymous wrote:I spend half my time in London and half in DC. There is no question that the standard of living is much higher here. That said, some things are significantly cheaper in London. Proximity alone means you can have amazing minibreaks and holidays in Europe for much less. Groceries are significantly cheaper. You can get a decent bottle of wine for much less. Eating out is generally much better value, and much higher quality. Healthcare is usually free. Broadband is much cheaper. If you are poor, many things, including housing, are subsidized. Other things - notably heat and energy-are more expensive. For people who didn’t manage to get on the property ladder decades ago, housing is very expensive compared to wages.

In financial terms, it can be tough compared to here unless you’re earning big $$ in the city or in tech. But you do get to live in the greatest city in the world.

What???!!!! I have eaten a few good meals in London, but no, it isn't cheaper or better quality.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

I have been an expat multiple times. Renouncing citizenship is very rare. And I am not sure how you get “most” when you're citing 3 out of 100,000 expat Americans in London.

Mate.

You are wrong. You’ve been an expat ‘multiple’ times. Which means you’ve always had the benefit of tax equalization. Am I right? Just because you don’t know anyone who’s done it doesn’t mean it’s real for those coming of expat packages and made local or those who live on local agreements. Here’s an article for you since you can’t seem to google for yourself. 1 in 3 seriously consider renouncing, and of that, if even a fraction pull the trigger, the number is substantial.

https://www.cnbc.com/amp/2024/03/19/heres-why-some-american-expats-want-to-renounce-us-citizenship.html

Stop being a wanker. You think you know. You have no clue.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Fantastically ill-informed nonsense from a genuine idiot. Thanks for playing.

Oh Really? Which part because I actually lived there for 5 years and we knew many in the international community who experienced and or would agree with everything I wrote. Did I touch a nerve lol.😂 Perhaps you’re a Brit with bad teeth living in denial about the reality of living the UK in comparison to here.

DP
I agree with most of what you wrote. The part about giving up your passport is dead wrong though. I lived there 7 years and got a passport after 2, still have my American one. My kids have both.

I hope you don’t agree most cars are diesel though, esp they only accounted for 3% of new car registrations last year.

Also, most people look forward to trying new foods and cuisines when they move overseas. If eating hamburgers and Tex-Mex are a big issue then it’s probably better to stay in the US.

Oh the righteousness. As if London and Uk food isn’t the most boring, tasteless, unsalted, unseasoned - just plan gross -food in the world. There is a dearth of dining in the UK. But go. Enjoy your mushy peas.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

I have been an expat multiple times. Renouncing citizenship is very rare. And I am not sure how you get “most” when you're citing 3 out of 100,000 expat Americans in London.

Mate.

You are wrong. You’ve been an expat ‘multiple’ times. Which means you’ve always had the benefit of tax equalization. Am I right? Just because you don’t know anyone who’s done it doesn’t mean it’s real for those coming of expat packages and made local or those who live on local agreements. Here’s an article for you since you can’t seem to google for yourself. 1 in 3 seriously consider renouncing, and of that, if even a fraction pull the trigger, the number is substantial.

https://www.cnbc.com/amp/2024/03/19/heres-why-some-american-expats-want-to-renounce-us-citizenship.html

Stop being a wanker. You think you know. You have no clue.

Ha! You’re quoting a poll by Greenback Expat Tax Services?!!! Stop embarrassing yourself.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Fantastically ill-informed nonsense from a genuine idiot. Thanks for playing.

Oh Really? Which part because I actually lived there for 5 years and we knew many in the international community who experienced and or would agree with everything I wrote. Did I touch a nerve lol.😂 Perhaps you’re a Brit with bad teeth living in denial about the reality of living the UK in comparison to here.

This always pisses me off so much. Do you know why the Brits have a reputation for having bad teeth? It’s because they spent most of the 20th century being poor as shite. When my nan started having dental issues stemming from malnutrition as a young woman in the 1950s, the standard of care was to just take everything out and issue a set of free dentures. And you wonder why people preferred to limp along with an imperfect smile instead. There was no money for braces or private dentistry. And it was so common to have crowding or enamel issues that people could still have a public career without getting shamed or cut off because of it. Just because Americans had more money than they knew what to do with during the 20th century doesn’t mean that applied to the rest of the English speaking world.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

I have been an expat multiple times. Renouncing citizenship is very rare. And I am not sure how you get “most” when you're citing 3 out of 100,000 expat Americans in London.

Mate.

You are wrong. You’ve been an expat ‘multiple’ times. Which means you’ve always had the benefit of tax equalization. Am I right? Just because you don’t know anyone who’s done it doesn’t mean it’s real for those coming of expat packages and made local or those who live on local agreements. Here’s an article for you since you can’t seem to google for yourself. 1 in 3 seriously consider renouncing, and of that, if even a fraction pull the trigger, the number is substantial.

https://www.cnbc.com/amp/2024/03/19/heres-why-some-american-expats-want-to-renounce-us-citizenship.html

Stop being a wanker. You think you know. You have no clue.

Ha! You’re quoting a poll by Greenback Expat Tax Services?!!! Stop embarrassing yourself.

Forbes
https://www.forbes.com/sites/kathleenpeddicord/2022/07/28/does-renouncing-us-citizenship-make-sense-for-the-average-american-abroad/

BBC
https://www.bbc.com/news/magazine-24338387
https://www.bbc.com/news/35383435

Bloomberg
https://www.bloomberg.com/news/articles/2022-09-30/irs-tax-law-expats-americans-renounce-citizenship-to-avoid-fatca-rules?embedded-checkout=true

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Okay. Your last line shows that you are speaking absolute rubbish.

And Your comment shows you know nothing about US taxation while living in foreign countries. I know 3 families who did this very thing. Look it up mate educate yourself a little. Moron.

I have been an expat multiple times. Renouncing citizenship is very rare. And I am not sure how you get “most” when you're citing 3 out of 100,000 expat Americans in London.

Mate.

You are wrong. You’ve been an expat ‘multiple’ times. Which means you’ve always had the benefit of tax equalization. Am I right? Just because you don’t know anyone who’s done it doesn’t mean it’s real for those coming of expat packages and made local or those who live on local agreements. Here’s an article for you since you can’t seem to google for yourself. 1 in 3 seriously consider renouncing, and of that, if even a fraction pull the trigger, the number is substantial.

https://www.cnbc.com/amp/2024/03/19/heres-why-some-american-expats-want-to-renounce-us-citizenship.html

Stop being a wanker. You think you know. You have no clue.

Ha! You’re quoting a poll by Greenback Expat Tax Services?!!! Stop embarrassing yourself.

Forbes
https://www.forbes.com/sites/kathleenpeddicord/2022/07/28/does-renouncing-us-citizenship-make-sense-for-the-average-american-abroad/

BBC
https://www.bbc.com/news/magazine-24338387
https://www.bbc.com/news/35383435

Bloomberg
https://www.bloomberg.com/news/articles/2022-09-30/irs-tax-law-expats-americans-renounce-citizenship-to-avoid-fatca-rules?embedded-checkout=true

Your first article states that about 9 million Americans live abroad and globally only 5,000 or so renounce their citizenship every year for a variety of reasons. What point are you trying to make?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The only way to do London is via an expat package where your salary is grandfathered and you additionally receive a cost of living adjustment. Moving there on a local package and being paid local labor market wages is a dumb move. UK pays about 2/3 of the wage for a similar role in USA, it’s just how it is there. Healthcare is free. But specialists are difficult to find and poorly trained. Train system is built out but strikes that shut down the metro are common. Housing is just as expensive and the homes are smaller. Cars cost the same. Nearly all cars are diesel and it’s expensive. You’ll never ski again unless you can afford trips to the alps. Groceries cost the same once you factor in foreign currency xchange. You will never have a good steak, Mexican food or hamburger again. If you’re serious about moving prepare yourself and do the research. Most US immigrants to London give up US Citizenship in their 5th year or so - meaning you give up your US passport and the protections of US Embassies

Fantastically ill-informed nonsense from a genuine idiot. Thanks for playing.

Oh Really? Which part because I actually lived there for 5 years and we knew many in the international community who experienced and or would agree with everything I wrote. Did I touch a nerve lol.😂 Perhaps you’re a Brit with bad teeth living in denial about the reality of living the UK in comparison to here.

This always pisses me off so much. Do you know why the Brits have a reputation for having bad teeth? It’s because they spent most of the 20th century being poor as shite. When my nan started having dental issues stemming from malnutrition as a young woman in the 1950s, the standard of care was to just take everything out and issue a set of free dentures. And you wonder why people preferred to limp along with an imperfect smile instead. There was no money for braces or private dentistry. And it was so common to have crowding or enamel issues that people could still have a public career without getting shamed or cut off because of it. Just because Americans had more money than they knew what to do with during the 20th century doesn’t mean that applied to the rest of the English speaking world.

Because you are paid low(er) wages, and also accept the 40% tax rate. We've come full circle to the OPs topic.