I "moved" to South Dakota 3 years before I sold my house in Oregon and while still working. I put SD plates on my jeep, got a SD driver's license, had all of my mail sent to SD - no mail at all sent to my Oregon house, registered to vote in SD, got car insurance in SD and opened a local checking account in SD. Basically trying to do as much as I could to make my new residency look legit.sophie wrote: ↑Mon Jul 06, 2020 10:20 amGeez.....I looked into auto insurance and it would be above $2K/year here. That is giving me pause.
Another wild idea: I could "move" to a less costly area e.g. near family in New England, but keep my job & city apartment. Between remote work and vacation time, I could easily total up the 6+ months per year in the less costly place required to avoid New York's tax investigators - especially if I were careful to do my grocery shopping there by credit card on the way down to the city.
I would give up the annual coop tax rebate but in return would no longer pay NYC income taxes, plus I could enjoy the lower costs of everything from car insurance to groceries.
This is a great strategy that I suspect a lot of people are going to be testing out...the main question is, if you still have an NYC job are they going to let you get away with living out of the metro area? Technically that's no different from commuting from NJ or CT suburbs, but if a lot of people start doing this because of their newfound location freedom I can't imagine NY wouldn't start pushing back somehow. The other issue is that my coop requires that the apt be your primary residence when you buy it - but yet again, who knows what's actually going to happen and whether they would try to enforce this.
From what I understand, though, NY is pretty aggressive about establishing residency. Especially if you own any property. You would have to be super careful.