Forum Discussion

Ro_n_Joe's avatar
Ro_n_Joe
Explorer II
Jan 28, 2018

Alaska domicile

Is there a reason why Alaska isn't considered with FL, SD and TX as a state to establish a full timing domicile? At least in Anchorage no sales taxes, no income tax and low vehicle registrations (I understand). Don't know yet if PPO Managed Care plans are available for those under 65 (just looked w/o success). We plan on getting a new Dutch Star 4369 and savings on sales tax alone
would be huge and worth flying to Alaska to establish a domicle. They even have a Permanent Fund Dividend where they payout oil income to residents each year.
  • Ivylog's avatar
    Ivylog
    Explorer III
    I believe a TV person went to jail over their family claiming to be AK residents when they did not live there year round but cashed their checks...you can forget getting the oil payment as a FTer. It still might be worth it but OR, and NH have no sales tax.
  • My recollection is that all Alaskan residents get a check from the State each year - as such they are real picky about who they call residents. You likely have to spend a certain amt of days in Alaska each year and things like health insurance may also be higher.
  • Alaska is very flexible with folks on military transfers, but picky about Domicile because of the funds they pay their citizens. My understanding is they require 1 year of full time residency to establish that you are a full time resident before the fund money kicks in. What status you could apply for before that I dont know.
    If you will have no income but a retirement or pension, you may qualify for the medicaid expansion. Ak is one of the expansion states under the ACA.
    Living off savings isn't "income" therefore depending on how you are retiring, it may work for you.