Considering Leaving Bankrupt Illinois | Any Suggestions on Where To Go?
I know a lot of my audience is outside of the USA, but I imagine that most of you who are in the USA have probably heard about how Illinois is about to be the first state with a junk bond rating.
While Illinois has always been "home" to me and most of my family, I'm finally seriously considering leaving. I always thought I may head somewhere for a year or two just to experience something different but always figured I'd find my way back to Illinois.
I'm finally fedup. It looks like my income taxes are about to increase, property taxes are going to increase, business taxes are going to increase which as a business owner is going to hit hard and I'm sure Illinois will continue to raise fees as well for everything from car registration to tolls to gas taxes.
The worst part we have guys like Mike Madigan who have been in power for 30 years doing nothing but enriching themselves, their friends and their family. Only in Illinois can the guy who can pretty much singlehandedly raise property taxes also has a business where citizens pay him to then lower their taxes and that's only the tip of the iceberg in terms of his corruption
https://www.illinoispolicy.org/meet-the-politicians-getting-rich-off-chicagos-property-tax-scheme/
It doesn't look like things are going to get any better either as the politicians here want to continue to tax without cutting spending and people are fleeing the state in record numbers leaving fewer to pay taxes. Illinois has had the most people leave for the past 3 years in a row. The whole pension mess is going to continue to get worse as well
I'm wondering where you guys are from? If you like it? What the place has to offer? Basically looking for suggestions for places to flee to.
Areas at the top of my list are South Carolina (Charleston area), Florida (Tampa area), Tennessee, or possibly Colorado or North Carolina.
Any suggestions?
Costa Rica on bitconnect loans
I've been really wanting to go to costa rica for a vacation. My folks went and loved it and I've heard great things all around. The area I'd really like to checkout is Puerto Viejo but looks like a long bus ride from the airport. You ever been?
Uruguay !! Is a gem in SouthAmerica
If you are independently stable for income as an American. I agree!!! Uruguay is the best place to be!!! NO DOUBT!!!!!!!!!!!!!
I think weeds legal there too isn't it?
I have never been to Uruguay but it is a place I would love to visit. Saludos @bohemiansould desde Barcelona!
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@rulesforrebels Johnny man, don´t let them crash you. There are so many useless politicians all over, diving their dirty hands in our pockets and abusing public money...they are a disgrace to the human race. Why don´t you cross the pond and come to old Europe? Barcelona is a stunning location with a multicultural blend of people from all over the world. I know many people that are here for years and don´t speak Spanish...they just go along with English. Many digital nomads and online hustlers. The city is vibrating full of heritage, architecture, cusine and a nice pace for living not forgetting to mention a gentle Mediterranean weather throughout the year!
Virginia or West Virginia. I would choose West Virginia simply for location, security and for the most part people just leave you alone there. Lots of great people there and some crazies but guess you get that anywhere. I'm sure its pretty safe since everyone and their grandmas have shotguns so pretty sure you wont see ISIS there anytime soon. LOL. Great for gardens and homesteads. Cheap living and the hunting is abundant. Not to mention the mountain scenery is absolutely wonderful.
Texas has no state income tax. Plenty of jobs and lots of space. It's growing rapidly. The people are nice. The weather is great in winter fall and spring. And summer is great if you get a pool. Cost of living is super low.
My girls been throwing the idea of moving to Texas at me for a while. She has some family down there and she really likes the Waco area. Seems like a friendly business state and I think they have good laws for gun owners as well which I like.
Personally if I moved down there I'd like to be by the gulf. How's Galviston? I've heard mixed things?
I'm originally from New York, but have been in Texas for 4 years (in July). I'm in Austin, TX. It's been a wonderful place to live. Great for raising kids ( I don't have any but raised 6) and the economy is terrific. I chose Austin because it's the Capital and liberal. You can probably find someplace else in Texas if it isn't your speed. Whatever place you decide, make sure you research it thoroughly and check out the demographics. Hope you find the greatest place! Good luck!
Hey stone thanks for the info. Yeah I've heard great things about Austin. Do you ever see that Youtube kid that goes around trolling people all the time, he's always downtown Austin lol
Lmao! Yeah, I've seen him a few times. Downtown Austin is the place EVERYONE goes. I've even had people just visiting from other countries take videos of my spouse and myself dancing outside the clubs! It's sort of a " get ready" thing we do. lol
Try Texas as long as you remember Texians love freedom and guns and no they are not going to change !
I think Texas is one of the few places that will remain true to itself. I heard that alot of Cali people headed out to Colorado and brought with them strict gun laws and other policies and attitudes I personally want no part of. I love guns and like the government out of my life so Texas is appealing. Any particular part of the state you like?
Depends on what you are wanting? Major metropolis or down home small towns? Nite life or laid back floating down the Guadalupe river? What do you like? Where do you wnt your biz to be in 5 yrs, 10 yrs, Retirement? lots of options...
I think I prefer something a bit slower paced but still within a reasonable drive to the city and a major airport. My gf really likes Waco. Personally I've never even visited but I'd like to be close to the ocean
Virginia then. I'm in the Shenandoah Valley at the Shenandoah River. 1 1/2 hours from DC and the airport!
Waco is not bad and even if ya lived in Dallas or San Antonio you are within what is called a day trip to the coast. Houston area is like living in California or Illinois with the way it is run.
Colorado has drastically different regulations depending on the county. I used to live near Winter Park Colorado. You can shoot all the guns you want and have access to one of the best ski areas ive ever been to . Denver is only only 45 minutes away which gives you city access. Unfortunately you cannot open carry your assault rifle once you enter the city.;)
If you look at Texas check out Hill Country its the nicest but more expensive. I personally like Round Rock. Not Austin because its got more people than the area was designed for. I looked at Texas extensively for about a year. I'd actually like to move there but Real Estate went up quite a bit relatively speaking. The Property taxes are brutal since there is no State Income tax. Since, I don't believe in a mortgage which literally means "Death Contract" I gotta seddle on Overland Park, KS area because that is what I can afford without having to sell off all my assets.
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I think it is a good idea to mix it up and maybe before you settle down somewhere if possible jump around to AirBnB's in different states and different countries for a couple weeks at a time.
Arizona is a cool place to visit, go to school, or retire but don't come here for business. It isn't the place for that especially not Tucson.
I'm looking to move to Texas personally. The Dallas area.
Another place to look is a place like Oregon or Washington. I personally like the Eastern parts of those states. Like Spokane Washington.
If I could live anywhere it would probably be Lake Tahoe. They have everything in the winter and summer but it is crazy expensive to live there. You have Sacramento and Reno somewhat close.
Right now due to my business I'll need a stable address for a while but I am setting a goal to like 1 year from today be completely location independent and just be a nomad and do my own thing. Once I do that I'd love to do what you suggested. I think I'd probably go down to PDC in Mexico and get a little studio within biking distance from the beach and do that for a few months, then maybe travel the US for a while and then maybe bounce around doing AirBNB and trying out some different cities.
That would be cool for sure!
brianphobos Dallas area isn't that great. If you go to Texas, Round Rock is the place to be. I swear by it. No way with Oregon or Washington those assholes are CA & IL 2.0.