when do I pay cpp on earnings if i`m already collecting cpp.

So many young people are worried about "getting stuck in a job they hate". I say, "tackle every job with enthusiasm!". Your first few jobs likely won`t be what you`ll do for a career but they`ll be invaluable in your learning about work, handling employers, the public, fellow employees etc. Keep your chin up. Most people your age don`t worry about what you`re worrying about. You`re years ahead of the pack and you`re success in life will prove it.! All the best to you...

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I am retired, my house is paid for , i am going to relocate and buy a cheaper property, will i experience any difficulty , with regards to credit rating etc.

i doubt it. i have worked with a few people and they are retired and brought a home. send me an email if you would like some more info. cmruffin@bloomu.edu i amy be able to help you with your relocation.

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I am looking for a place to buy resort property in a state and area that has low property and sales taxes. fed & state taxes don't matter, as i'll be retired. not too hot or too cold. beautiful area - around trees, lakes and mountains or near. hoa dues ok if low enough. any suggestions? please leave your email address so i can contact you if you want me to.

Oregon - low property tax and no sales tax.

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Should i learn spanish if i'm going to move to costa rica and live/retire/become citizen/buy-property there? should i bother? i"m terrible at languages and won't learn it if i don't have to. for example, you don't need to learn any indian langauges to live in india (just english)...do i need to learn spanish

If you retire in the Central Valley(San Jose Area) you can get by but the locals will repect you more. You have the same property rights as a Costa Rica when you buy property. Yes you can become a resident in Costa Rica. Please see the requirements below. Pensionado • Requires proof of US$1000 per month income from permanent pension source or retirement fund. • Must remain in country at least 4 months per year. • Can claim spouse and dependants under 18 years of age. • Cannot work as an employee. • Can own a company and receive dividends. Rentista Residency in Costa Rica • Requires proof of US$2500 per month income for at least five years, guaranteed by a banking institution, OR a US$150,000 deposit in an approved Costa Rican bank. One amount covers the family. • Must remain in country at least 4 months per year. • Can claim spouse and dependants under 18 years of age. • Cannot work as an employee. • Can own a company and receive dividends. Investor • Investment of US$200,000 in a business. • Must remain in country at least 6 months per year. • Cannot claim spouse and dependants under 18 years of age. • Income allowed from the project. • Can own a company and receive dividends. Representante Residency Program - Costa Rica • Applicant must be director of a company meeting certain requirements, such as employing a minimum number of local workers as established by the labor law, with financial statements certified by a Public Accountant. • Must remain in country at least 6 months per year. • Cannot claim spouse and dependants under 18 years of age. • Can earn an income from the company. • Can own a company and receive income. Permanent Residency Costa Rica • First degree relative status with a Costa Rican Citizen (through marriage to citizen or having a Costa Rican child) OR may apply after three years in another status. • Must visit Costa Rica at least once per year. • Cannot claim spouse and dependants under 18 years of age. • Can work. • Can own a company and receive income. http://www.lawyerofcostarica.com

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Is he allowed to the same rights as any other resident alien or can he be discriminated because of his felony conviction? is he allowed to buy or sell real property just as any other resident alien? when he dies who gets the property? can the neighbors claim the property under the pretense, that they kept watch on him when he was alive? can a lawyer refuse to represent him in a court or misrepresent him with no penalty, because of his felony conviction?

A resident alien who has a felony conviction can be deported..eventually ICE will find him.

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I am a british citizen, i want to buy second home in calera, albama, usa, i also need to have a mortgage to buy this second home, i have enough for deposit. i want to rent this property out until when i retire and i shall then move and live in usa. i would be glad if any one could tell me every think i need to know about buying and also what i need to know about moving to the usa

I have to ask, why Calera? I am fascinated by your choice. I am an Englishwoman living in Alabama and I love it. But why Calera?

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My husband and i are thinking of retiring in uk and we are thinking of buying a residential property. are we allowed to purchase? if so will what is the tax implication if any?

There are no restrictions on foreigners buying property in the UK, although you would need to look into the immigration issues around living here permanently. All properties are subject to local taxes called Council Tax which is paid to the Local Authority and is based on the value of the house. Water rates are also payable, either based on the value of the house, or on a meter if one is fitted in the property. As Uk residents you would be liable to UK Income Tax on your worldwide income with credit given for any overseas tax paid on that income. There is no Capital Gains Tax on the sale of a property which has been the only or main residence of the owners throughout the period of ownership. See www.hmrc.gov.uk for lots of UK tax info.

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Looking at buying in las vegas and semi retiring there, any ideas?

Not a good idea, cheap shoddy work, and high prices and hidden costs thousands of forclosures here and no jobs..

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Should i borrow and pay back 401k rather than bank? is market going to crumble before i retire any ways? we are in our mid 40's. confused on what the smartest decision is. use the money now that and before the government takes it from us or just sit on it and hope it is still available in 20 years. please advise, thank you

The only time you can take a loan on a 401K is if you are still with the employer that the 401K is through and they approve the reason for the loan. While you have the loan, you will not be allowed to contribute further to the 401K which means you will miss any company matches. In addition, if you live the employer for any reason, you will owe the loan back within 60 days. If this is not done, it's an automatic withdrawal and you will owe 10% penalty + standard income tax. If the 401K is not with a current employer, you cannot take a loan on it. You can also not take a loan on a IRA. But you can transfer that money to the IRA and take $10000 out (no penalty but standard income tax applies), IF this is a first home and taking the money will reduce the cost by either getting you a much better interest rate, eliminating PMI, or some other major financial impact. Or you can withdraw the money from the IRA and incur 10% penalty plus standard income tax. Smartest decision is use retirment investments for retirement (if needed.) Use other funds to finance non-retirement investments.

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Put simply, does a uk citizen have the right to move permanently to the usa because his sister married an american + has lived there for the past 15 years? i have sufficient funds and would intend to buy a property in california. i would not work there.

i went through the u.k. to usa immigration process. i used an immigration attorney based in california who also was licensed in the u.k. he will consult with you free of charge,and you can ask him all your concerns. got the job done for me and never refused my calls when i called him with endless questions.email me and i will tell you his name and also answer some of your questions,as i know it can be a daunting experience.