South Dakota Resident in 24 Hours (Pay LESS tax!)
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- Опубликовано: 15 окт 2024
- I love the state of South Dakota... this video is on how to become a resident and I have done my best to include EVERYTHING you need to know. It should take you 24 hours in South Dakota, or less... it's that good!
Sitting in the hotel in Sioux Falls, the night before my DMV appt. Planning my move to Mexico. This info is still timely today. MORE.
Did it work?
@@aaron___6014 yep.
@@aaron___6014 The answer is yes. If you have ever visited Mexico and wondered why there was SO MANY South Dakoka license plates this is the reason why. The amount of SD plates in Mexico is disproportionate to the state's population.
I just returned from South Dakota with my new SD driver’s license. I was a resident of San Francisco until I moved to Mexico City last year. This video was immensely helpful, especially the step by step instructions. Thank you Taylor!
All the information and steps are still applicable?
@@rvierra7235 Yes
@@lloydc247 Thank you! 👍
Incredibly high quality information delivery! Wish all informational videos were this clear and accurate.
This was the best information I have found on establishing residency as a full time traveler in SD, thank you for the info, I was in and out of DMV in less than 20 min with my new DL. 😎
So well laid out! You are a born teacher my friend. Thanks so much for this vital information!! I'd give it 30 thumps up if I could!
What a fantastically helpful service you are providing ... Thank you, Taylor. #more 🙂
Good video on how to get a SD driver's license...but there is a lot more to it than that to establish legal domicile for tax purposes, especially if you are moving from a tax hungry state such as NY or California..items such as: establishing your banking in SD, transferring the account address for credit cards and other services to SD, getting doctors and dentist/medical insurance in SD, registering and insuring your vehicles (if any) in SD, establishing a paper trail that you have left NY by canceling your apartment lease & utilities, selling property, shipping a few boxes of stuff to SD, renting a uhaul, canceling NY clubs/joining SD clubs (if that's your thing), forwarding mail to SD etc etc etc....not doing a few of these things could set your old state to say you never left and demand tax payments and hefty fines....especially when they prove you never went back to SD after your one day in the state to get your drivers license and then told the world about it in a RUclips video. Plus you might want to investigate and explain to your viewers that the PMB you describe does not solve all "Moving to SD" problems...apparently many banks and financial institutions these days will not accept a Personal Mailbox address...likewise medical and car insurance companies may not accept PMB addresses. Some car insurance companies will not insure you unless you are also insuring an RV...go figure. A quick check around the internet should validate the points I make here.
Exactly! When my parents moved out of Minnesota for Florida, MN Revenue challenged their FL residency and they had to prove, with credit cards and utility bills, that they lived in FL for at least 6 months that first year. Once you've established that first year, then you can travel year round and your old state can't come after you.
What I just found, 1 1/4 years into my SD full time traveler journey, is that the banks (and maybe other financial institutions) are prohibited from accepting PO Boxes as the residency address. Further, it seems that banks do not make a distinction between POB and PMB. For example, I found in the Ally bank FAQ that they do not accept PO Box addresses nor addresses from "mail drop services". My bank finally noticed I'd changed to a PMB address and sent me a letter saying they were going to lock my account. The only way out was to use the address of a relative. They are quite okay to use the PMB as the mailing address, but not the residence address. This was true even though I pointed out my SD drivers license has the PMB address and therefore SD considers that to be my residence.
@@DavidHerron Had that issue as well with a brokerage account.
@@MrMinnesotaMacSMFH!!!!!!What you said has NOTHING to do with the S.D. process!
SMFH!!!!!!What you said has NOTHING to do with the S.D. process!
Thanks for this. It is unclear on the site if you need both the birth certificate and the passport or just one or the other. Thanks for this very clear video. Heading there soon.
Good clear info. Since 2017 I have not lived in the US but am permanently travelling in Europe, mostly UK. Am using a very good mailing service in Texas but still using my Hawaii drivers license. Hawaii is a ‘sticky’ state and changing to SD will be helpful. Thanks to lousy US law I still have to file US taxes every year but the Feds don’t care where I am as long as I pay my US tax. SD residency doesn’t work for those who actually live in another state but for those who have no state it sounds great. Thanks.
You are the first person that laid it out so clearly thank you for making this video
This only works IF you don’t own property in another state where the state can claim domicile. For example, in Virginia, you pay state tax on income earned in Virginia even if you don’t live in Virginia. If you reside in any state for a given number of days (specific to the state), the state taxing authority can declare you a state resident for income taxation purposes. Might work best if you are constantly on the move…never spending too much time in any one place.
Awesome video....I am going to South Dakota. You rock Taylor
Excellent video, well done sir.
Great video! Could you share your personal experience regarding switching your address with banks please? I heard America's PMB isn't accepted as one's residential address. Thanks
Hi, I wish poster did mention or respond to these comments. Having worked at a few major financial institutions and actually coming to learn about this all of this while working at one. A client had a flag on it about there address I think it was my best address (Google it) similar to company he mentioned for PMB.
At least at the company I was at when flag occurs like this ( as I'm sure they have list they compare account and addresses to ) but then the manual account approval team literally Google map street viewed your address and it became a headache from there. So, that is a very legit concern.
I recently went through that. However, even though online wouldn't let me change the address I called the bank and just told them it was this or nothing since I wouldn't have a permeant address and I wasn't going to update my address every two weeks or months depending on my travel schedule. The associate put my pmb address in.
Good information, but I checked the description box and there were no links there. In the video you said you would put links down there, but there are none. That would be handy.
Thank you so much. I finally got the answers I needed.
Awesome info! Why did you choose SD over other non-tax states? (Alaska, Florida, Nevada, Tennessee, Texas, Washington and Wyoming)
Probably because literally all you need is a receipt of a hotel stay for 1 night. All the other states you are required to do a bunch of other bull shit. South Dakota you don't need to be there at all and you only have to come back once every 10 years. On top of that you don't have to physically go there to get your renewal.
This seems like an ad for Americas Mailbox, just like the last video I watched. Both recommending the highest costing plan lol.
Great video Taylor, best I've seen on this. Quick question, does your hotel receipt need to have your name on it or just your PMB address? I know the PMB receipt must have your name but what about the hotel receipt? Thanks again.
Yep, needs to have your name on it. Stoked for you man! When are you making the move?
@@Taylor333 Wife is hanging it up in a few months and then at the start of 2022, We will be in Mexico for about 4 months and then off to Europe for a few years. We plan to travel full time for the next 10 years at least. Have sold about 90% of our belongings and will travel with only 2 backpacks and two carry ons!!
@@gregparish743 That is INCREDIBLE. I am so happy for you man!!! Go Go Go!
Has anyone tried going into the DMV with a “photocopy” of their 1099 or W-2?
Actually to renew it looks like you are allowed to renew online for the first time; so only have to visit once every 10 years.
Super helpful! Thank you!
You're welcome!
More, just showing support, thanks.
Even though you claim to cover the whole process, you've missed some important points and steps.
The main thing to know is that SD's program is for full time travelers. You sign an affidavit saying you're not renting or owning any housing elsewhere, and are instead traveling full time. For most of us that means we have to pack up our current housing, put it in storage, etc... in order to truthfully be a full time traveler, that means no fixed abode.
The next thing to know is that it's not just about gathering documents. You must show documents that demonstrate your chosen mailing address. That means changing addresses with financial institutions, a process that can take a month or two before statements show the new address.
The problem with America's Mailbox is the city it's in does not have a well-connected airport. Okay, we're talking about South Dakota, which has no city with a large enough airport to have good flight connections. The impact of this is, if your trips to/from SD are by air, you're paying more for the flights. We chose to make our home base in Sioux Falls because it's airport is a little businer and a little more connected.
@DavidHerron Thanks David! That's what I suspected honestly. Question: "affidavit saying you're not renting or owning any housing elsewhere...in the United States", right? Or do they truly mean no renting or owning anywhere in the world?
@@abcd123906 The sentence is "I do not stay, live in, or maintain a residence in any another state"
Search phrase: "south dakota full time traveler affidavit" - and in my search engine, the page "Driver's Licenses for Full Time Travelers | SD DPS" came up as the first result.
Any DMV works for any SD address, you don't have to go to a local towns DMV where your mailbox is.
@@abcd123906 Yes, because this is about where you pay income taxes. So if I reside in Mexico earning USD and am a legal resident of SD I pay SD tax rates. The biggest benefit to SD is for people who want to take their vehicle to their new country. It waives the requirement for US car insurance so you are not paying double in two countries. Otherwise I'd stay in TN which has all the othersame benefits except this one.
Awesome, well-done mate.
Thanks brother - I hope it helped
Hi Taylor, thanks for being so detailed in your video. I have one remaining question- I am arriving in South Dakota on a Friday and am only staying there that night. Since the DMV is closed on the weekend, would I be able to go to the DMV in the morning and show them my hotel receipt for that night? Or would that not count since it was not in the past year? Thank you in advance!
For reference how did it work out? Were you able to get a South Dakota drivers licence by showing a hotel receipt?
Yes, I was! I'm not sure what I was even asking in this comment lol @@difencrosby
Thank you for this post. Is all of the info in your video still applicable?
Unfortunately you can no long vote in SD if your are not an actual resident, using a business address or a mail forwarding service address negates you right to vote. Governor Noem signed bill 139 in March.
Is that locally or federally too?
I don't care about voting in the local elections.
Everything signed in July 2023 was just reversed in Feb '24. SB 17 was one of 2 that accomplished this
Voting is fixed so it doesn't matter anyway.
Thank you, very informative. I live in Thailand but I pay states taxes in Utah, so naturally I want to change it to South Dakota. Regarding the Personal Mailbox Address; is it the mailbox address of the hotel I choose to stay at, or is it a mailbox that I sign up for, then have the hotel I stay at type on the receipt? Thank you again for your video
Its from a mailbox service, like a UPS private box,etc. You have that as your "billing address" on the hotel paperwork. Like a proof bank statement.
What was the process of transfering from california to SD?
@ 7:40 regarding the affifdavit form; you briefly said this can be issued at the DMV? yes?
This was legit man. Thanks
More, more, more, please!!
What about a motorcycle and cdl endorsement
But you'll pay plenty in sales tax, even on groceries when you're in state, so there's that.
Thanks for the info. Any ideasguys, how to deal with NYC residency in terms of taxes, 9% incl sales tax for SD bought vehicle registration? They won't leave you in 1 day even after SD residency)
If you don't want to give up your driver's license from another state can you just get a South Dakota ID? And then can that be used to register your vehicles in SD?
A state Id and a drivers license have different applications. It is very difficult to obtain more than one type of identification card at the same time. The vehicle can not be registered in SD if you only have an ID card.
Great video. But spend a few bucks with the local people before exiting the state and every time you visit. :)
That’s nice. Question for you; Does the State of South Dakota have a State Law giving Service Disabled Veterans who are rated 100% disabled 100% Property Tax Exemption?
Thanks for this!!
This has all changed in recent months and now employers are not able to pay unemployment taxes to the state of SD forcing people to change their domicile. Americas mailbox users are getting notified in droves about this change and employers of people that are using this mail service are being forced to change the employees tax status for the state. I just changed to SD and now have to start looking for some place else to start the process all over again.
What state residency did you decide on?
Thank you Taylor and what can I do to register my new Van in South Dakota? Do you have any insights regarding this?
Did you have to surrender your California driver's license (did you even show them driver license)?? Did you have to take the written/driving test?
This is 3 years old. Can you do an update?
This makes me happy to live in New Hampshire.
What if you still have a job in Calif.?
I'm a licensed contractor in the state of California, I have a simple question, why do you think in your opinion that South Dakota has more leniency to business owners and residents? For example, contractors in your state are not required to have a state license or pay any license fees, in California it's the opposite, what is your opinion on this?
Hey GD. I don't have an opinion on that. I chose SD as my state of residency because I live mainly outside of the US.
Hey Taylor, were you able to use that Address with the USCIS, as s way of updating your physical address with them? I am wondering about that myself being in your situation right now
We're looking forward to life in Ecuador! I've got a question: Can you use your Personal Mailbox address for banking and for voting? Thanks for a great, very clear and helpful, video!
Yes. It is your mail box. What's great about the service is no matter where you are you can pick your mail up anywhere.
Don’t you have to register your car after that? In Texas you have to register your car every year
Taylor, thanks for great video. Question? Can I use my new Americas mailbox address to get a Mexican bank account?
Can you please help me though how are you getting car insurance? I’m having the worst time ever getting car insurance now that I went and did this no one wants to insure my vehicles!?! Please help!!
Did you have to ask for the PMB mailbox on the receipt or did you change a credit card
I actually did both, but just in case I called the hotel right after booking it online to triple confirm that they would put the address on the receipt that I asked for
They said “of course, whichever address you want on there”
did your former state do a residency audit on you? NY and CA are aggressive
It was announced .
That if you work online and the company is in a different state, the company you work for CAN'T pay the S.D workers comp and unemployment .
Therfore you can't be a citizen of SD.
best regards.
Just to clarify, if my Utah DL has a gold star which means I presented by birth certificate to the Utah DMV, do I still need to provide my birth certificate as well? I had that years ago but now it is lost, and my passport is long expired. Requesting both will take a few months and I'd rather not wait that long. 2nd question, do I need to surrender my Utah DL?
Passport would not have you SD address, would that be aissue?
Passports don’t have addresses
Hey man, great information! Question: I'm transferring from MD, If my none South Dakota drivers license have a star in the top right then that means I don't need to show my social security card/pay stub/ w-2?
So just my passport and my license with the star is enough?
Uh oh! Just heard some nasty things the state of SD will be doing to RVers and others that are using SD as a tax shelter. I was thinking of doing this when I retire in a few years. Looks like I'll be looking into Texas now. Bummer.
Hey Taylor great video, would this be possible in order to go to university in South Dakota at a cheaper rate due to being a resident
I have a question does your driver's license say 514 Americas way PMB and the number or does it just have just the number or did you use apt. and your number????
Great video! Thanks. Just one question, did they put your address as a P.O. Box on your license?
No it’s actually a physical address that you get. It’s not a PO Box. It’s a “Personal Mailbox”. You use their street address and they give you a “unit number”. Check out AmericasMailBox.com - that’s who I used and am really happy with it
@@Taylor333 Thank you very much. Another question, if I could please. Is your vehicle registered for South Dakota and do you actually "sleep" and work in another state? How doest that work?
@@Mike-kp8ej, South Dakota is very friendly toward permanent travelers - I believe it is mainly for people that are RV’ing all over the place. It’s not something to do if you are genuinely a resident of another state. I recommend it for people that are traveling full time. Here is their site where you can check out the process and rules: dps.sd.gov/driver-licensing
What if you just want to register a vehicle, but not establish residency. I hear this can all be done online and/or by mail? Do you that process?
Only question I have, if you go live abroad, why do you still need to have an established domicile in the US if you don't live in the US anymore? I left my home country of Australia and have no domicile there now - it's currently California (where i've lived and worked the past 9 years). But I am looking to exit California and if I exit the US completely, I shouldn't need to maintain a domicile nit he US - not even South Dakota - anymore, correct? Is this only for US citizens looking to return some day?
Because US laws are screwed up. Just look at weed laws. Many states have legalized weed, but still banned federally.
Banks, Brokerages, Employment, etc.
US citizens are taxed regardless of where they live. US is one of the very few countries that does this. So Americans abroad, like me, need to maintain ties to the US in many cases for banking, credit cards, erc.
So you can’t do all this but actually reside in CA?
Resident form?
If you have an expired driver's license , do you need to take a written test?
16:20
Great info, but no need to repeat the steps 3x
Excellent!
The only issue with SD is medical, you under 65 and have a med issue, you have to travel back to SD. the winters are horrible and it’s the number one state for tornadoes. Now understand why nobody lives there.
Do I go to Cali DMV to cancel ID?
report IRS change to SD address or foreign address?
Where you actually live matters, most states have residency laws.
thank you!
States 0 in Florida too
Guys like this are the reason why SD changed its laws. Now all these RVers are "moving" to TX. 🤣✌️
@haughtkarl-jx9vr So are you implying that since this video this is not the case any longer in SD?
Domicile not resident ?\
Anyone know how this works with Homestead in FL?
Yea no state tax but you now with recent changes you can’t vote if you are not an actual resident.
Voting no longer counts anyways
SD rocks
Can you update this?
No need to. Nothing changed.
THIS IS JUST A PROMO HUSTLE-you do not need to use these service. UPS has best mailboxes-but others good too
A Virtual mailbox is excluded it says right on the site. UPS does offer boxes similar to a USPS post box but ensure what ever company you use is NOT considered a virtual address.
It's done. The gig is up with South Dakota. They just changed their voter registration requirements to prevent nomads from voting AND their tax laws regarding pmb remote workers who work for companies out of state-PMBs/POs are NOT valid anymore even though they don't collect state income tax.
Is there a better state residency for people living overseas?
Good in theory but high tax states are aware of this and will come after you. When my parents moved out of Minnesota for Florida, MN Revenue challenged their Florida residency. My parents had to prove with credit card receipts and utility bills that they were in fact living in Florida for over 6 months a year. It's not enough to not live in a state but you have to prove that you are living in your new state for at least 6 months that first year. After the first year, then you're home free. Be careful!
Don't be scared! Your parents followed the law. Just follow the steps. Don't J walk you might get a ticket or get run over.
@PA96704 I guess you didn't understand my reply. They didn't just do it by the book to be good little pawns. Thankfully, they followed the book because Minnesota Revenue challenged their claim. My parents had to prove to MN Rev that they were indeed out of state by where the purchases were made on their credit card statements. Not just where their statements were mailed to, but where the purchases were made on the statement. So, if you can fake that, then good luck
@@MrMinnesotaMac This is well known problem with the sticky states. But as far as SD - you are their resident.
Can I do it from Ireland
Can you register your car there too?
For sure. You can register it online. It's an incredibly friendly state for travelers.
what about jury duty?
jury duty is tied to your voter registration you must ensure that whatever state you have a drivers license that you have unregistered yourself from voter registration to not be selected for jury duty
Do you walk out of the DMV with the physical drivers license or do they send it to you?
Oh okay you answered this, thank you!
MORE!!! 👌
Sorry, maybe I didn't catch it but what address do you use for your Drivers License? Thank you
This video completely skipped the WHY piece......
He already said some no state income tax, cheap registration, dont need to keep US car insurance on a car that's overseas
I am considering it but I have home tax exemption in Florida and wonder if I get a SD lice se will I lose the exemption
State that no income tax fail to tell you, and there are several around the country,
that the property taxes are higher, they have to makin e up that loss revenue somewhere!
I know for a fact that Texas is like that.
Don't care if I don't own property or 'live' there. This is for travelers.
I just want to be able purchase firearms but Illinois banned them so now I gotta play this game of loopholes by establishing my residency in a state that’s pro 2a so then I can purchase firearms again
@@allaansnackbar4269 Please do not mess up this program for travellers by considering this a 'loophole' to get around your crappy states laws.
@@nmead33 man I’m just one person and I’m a peasant it’s not gonna change anything but I do respect your wishes
@@allaansnackbar4269 I understand, but if you claim residency in SD, but live in IL, you are going to have other problems. Pretty sure IL requires you to change your residency to IL after living there for XX days, correct?
Like. Like. Like. Like. Like.
🎉
Bravo
et more
More
Guess ethics are a priority any longer😐
more
you forgot to say anything about a bank account.
past time to delete this video and post up new info.
Just move to South Dakota. Get a real residence and thus real id.
Purda Vida!
But remember, as a resident of South Dakota, you will no longer be allowed to vote in your local elections and will not be entitled to any of the benefits provided by your state or locality.
Once every 5 years, AND OR if you get called for Jury Duty. Well done!
LOL - well said
The Americas mailbox website says that you will be excused from jury duty ( under FAQ)