Give me some ideas. Moving to the USA

[kyler565]

As someone that was not born in the USA and never lived there. I'm thinking of moving to the US for a few years (4 or 5) to visit family and get a green card only not interested in citizenship.. im wondering if there is some way I can keep most of my wealth in a trust or foundation so it can be accumulating dividends for 4 or 5 years . It would have to be legitimate and something that the IRS would be ok with because I don't want to pass them off (they have guns)

 

[JohnLocke]

First of all you should post this in the proper forums, so you may get better answers.

thread moved.

 

[Sols]

As someone that was not born in the USA and never lived there. I'm thinking of moving to the US for a few years (4 or 5) to visit family and get a green card only not interested in citizenship.. im wondering if there is some way I can keep most of my wealth in a trust or foundation so it can be accumulating dividends for 4 or 5 years .

Yes, you can do exactly that. If the income qualifies as capital gains, it's subject to a lower tax rate than ordinary personal income.

 

[kyler565]

Yes, you can do exactly that. If the income qualifies as capital gains, it's subject to a lower tax rate than ordinary personal income.

So us persons can have offshore foundation and the income made inside the foundation is looked at income from the foundation?

 

[Sols]

So us persons can have offshore foundation and the income made inside the foundation is looked at income from the foundation?

Doesn't necessarily matter where the money comes from. If it legitimately is capital gains, it's taxed as capital gains.

If your foundation is bogus and you're using it to artificially masquerade salary as capital gains, you can run into troubles. Don't mess with the IRS. They shoot first, shoot again, and then let you ask questions from beyond the grave.