You get 50k dollars tax free no catch what do you plan to do with it?

      • doingthestuff@lemy.lol
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        1 day ago

        If you want a roof over your head, most places have property taxes of $3-4k per year even if you own it outright. If you want to ever leave your house a car costs about $5-10k per year. If you aren’t living on rice and beans food costs about $3-6k per year. This doesn’t include any clothing, taxes, medical expenses, hobbies, travel, or other bills like water, natural gas, electric, etc.

        If you’re incredibly frugal and quality for public assistance, $50k might last you a few years in the US.

        • Nziom@lemmy.worldOP
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          1 day ago

          Key point here in the US, where i live 50k dollars is enough to be a rich investor +house +car + years of necessities

          • doingthestuff@lemy.lol
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            1 day ago

            How relaxed or strict are your immigration laws? I paid $40 just to park my car for a few hours a few days ago.

            • Nziom@lemmy.worldOP
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              1 day ago

              Oh uh am in what you call a third world country, it’s nice to visit but idk if you’d want to live here , also 40 dollars is what a regular person like me make in a month, it’s actually crazy to hear that you pay that just for parking parking costs like ~0.2$ to 0.39$ max