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How much does it cost to retire in United States?

As an indicative guide, a comfortable retirement in United States costs roughly £3,400/month for a couple — about £40,800/year (≈ $4,556/month). A modest budget is nearer £2,250; a premium one nearer £4,900.

Roughly where a comfortable £3,400/month goes:

Home (rent)£1,360
Food & dining£680
Healthcare & insurance£408
Transport & utilities£442
Lifestyle & leisure£510

Indicative estimates for a couple, general guidance only — real costs vary by location, lifestyle and exchange rates.

A vast range of climates and lifestyles, from Florida's sunshine coasts to the Arizona desert, with world-class healthcare, amenities and, for many British families, existing personal ties. Sunbelt retiree communities are especially popular.

Can a foreigner own property in United States?

There are no federal restrictions on foreigners buying property, and non-residents can hold freehold regardless of visa status. However, a growing number of states limit certain foreign buyers near military sites or farmland, and owning property grants no visa or residency rights. As a general guide only — always confirm the current rules with a qualified local lawyer. Our free ownership checker and the Overseas Property Playbook walk through how ownership works step by step.

Retirement visas

The US has no dedicated retirement visa; long stays usually rely on the B-2 visitor route (typically up to six months), with residency generally requiring family, employment or investment routes such as EB-5. Visa rules change often, so treat this as a starting point and verify the latest requirements before you plan.

Where expats settle in United States

Florida for sunshine and no state income tax, Arizona for warm dry desert living, the Carolinas for a gentler coast-and-mountains mix, and Texas for space and value; Sunbelt retiree communities are especially popular.

Healthcare in United States

US healthcare is world-class but expensive, and Medicare is not automatic for newcomers — you generally need five years' residency plus a work history or to buy in — so most British retirees rely on costly private or ACA-marketplace insurance. Budgeting for premiums is one of the biggest considerations of a US move.

Tax on your pension

Green-card holders and anyone meeting the substantial-presence test are taxed on worldwide income, so a UK private pension is generally taxable in the US, with foreign-tax-credit relief under the UK-US treaty (UK government-service pensions stay UK-taxed). State income tax varies widely — Florida and Texas levy none — so where you settle matters.

Climate, safety and everyday life

Enormously varied — Florida is warm and humid with hurricane risk, Arizona hot and dry, the Carolinas four-season and temperate. Choose the region to suit the climate you want. Safety varies greatly by city and neighbourhood, so research locally; English is native and driving is on the right, making daily life easy for Britons, though owning a home grants no visa or right to stay.

What it costs to buy

There is no national stamp duty; buyer closing costs typically run 2-5% (title insurance, escrow, recording and any lender fees), with transfer taxes varying by state and often paid by the seller. Non-residents can buy freehold regardless of visa, and a cash purchase can close in about a month.

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