How to define your state of residency for Cruisers or Full time RV'ers

This week we talk about the things to consider when choosing a state of residency. It is interesting when you decide to live a nomadic or traveling lifestyle and sell your house and property to do so. As soon as you do, you no longer have a "residence" and that comes with some challenges. Think of things like: - Where do I vote - Do I pay state income tax - How will I get important mail - Will I still have a vehicle to register and inspect - What are the insurance rates where I will be So comes a decision, what state do you want to call home when you don’t have a permanent one. Let us look at the things that you may consider. State income tax - 9 of them in the US as of 2018 do not have state income tax. Those are Alaska, Washington, Nevada, Wyoming, South Dakota, Texas, Florida, New Hampshire, and TN. New Hampshire and TN, however, have a tax on dividends so something to consider when it comes to retirement or living off of investments. TN says they are phasing this out by 2021, but as of now there is still a tax on dividends The next thing to consider if you are going to have a vehicle is car insurance rates. The next thing to consider is vehicle inspection if you have a car. With some planning, you can also determine which states have no vehicle inspection required at all. Sates without vehicle inspection are Alaska, Montana, Wyoming, North and South Dakota, Kansas, Oklahoma, Arkansas, Michigan, Kentucky, and Florida For us, Florida made the most sense. While I consider myself a Texan and Pride make it hard to give that up, it is a pain in the butt to drive all the way over to near Houston to get the vehicles inspected. The next thing we started to look at was Mail forwarding services that would help to provide a physical address and a mail forwarding, handling and package delivery service. There were 2 that sort of raised to the top of the pile. One in Florida and one in Texas. The one in Texas seemed to cater more toward RV’ers and the one in Florida caters a bit more to Boaters. Escapees is in Livingston Texas St. Brendan's Isle is in Green Cove Springs Florida. As Boaters, we chose St Brendan's Isle for the additional boaters related benefits. I hope you find this information useful. Links mentioned in the video St. Brendan’s Isle - https://www.sbimailservice.com/ Escapees - https://www.escapees.com/ Keywords: Homeless, Nomadic, Cruiser, Liveaboard, Full-time RVer, Full-time traveler, St. Brendan's Isle, Escapees, Mail Forwarding Service Don't forget to like and share this video Please check out our other videos as well and click on the playlist below for a couple we think you may enjoy. Our Refit Playlist - https://youtu.be/8wyNNpLAeNs Our Sailing to New Orleans Playlist - https://youtu.be/gzzteJxewAU Our Epoxy Vs Polyester Fiberglass test results - https://youtu.be/V1bXiKPYDKI Our series on hatches - https://youtu.be/7dNMu8s32kY and Our Series on new Freshwater Plumbing - https://youtu.be/8uv7ABaD3YM Some of the tools we mention in our videos are: Oscillating Multi-tool - https://amzn.to/2GtDpWC Carbide Grinding blade for the oscillating tool - https://amzn.to/2Gsovnz Ryobi Skill Saw (I have the corded) - https://amzn.to/2uKnm5o The Cordless version is here - https://amzn.to/2uJwOWA Small Trim Router (Great for tight places) - https://amzn.to/2GtkHmd *Please remember these are affiliate links and it helps us but doesn't cost you more if you buy from Amazon using these links. Subscribe !! https://www.youtube.com/c/svdreamchaser?sub_confirmation=1 Support !! http://www.patreon.com/svdreamchaser Lets Connect !! - http://www.facebook.com/svdreamchaser - http://www.twitter.com/svdreamchaser - http://svdreamchaser.tumbler.com