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Post by jrgndk on May 14, 2019 11:06:15 GMT
Hi Peeps,
I might be looking to move out due to work related reasons and I am wondering if I can still keep my investments in the UK, and particularly the amount I have invested with AC. I know some other investment platforms are a bit funny when dealing with non-UK residents and I want to make sure I am acting as per their rationale.
Ta!
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Post by stuartassetzcapital on May 14, 2019 11:20:33 GMT
You just need a UK bank account and appropriate ID - I hear people use Transferwise or Revolut for that amongst other solutions.
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Post by jrgndk on May 14, 2019 12:38:26 GMT
Great, thanks Stuart.
I will keep my UK bank account open while overseas therefore I should not have any other issues.
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Post by elephantrosie on May 16, 2019 21:06:26 GMT
can UK non-residents who have never lived in the UK invest in AC?
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Post by wiseclerk on May 16, 2019 21:27:15 GMT
yes
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Post by elephantrosie on May 29, 2019 9:58:19 GMT
is the last 'yes' in reply to my question?
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Post by chris on May 29, 2019 10:08:11 GMT
is the last 'yes' in reply to my question? Yes  As per Stuart's post above all you need is appropriate ID and a UK bank account.
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sl75
Posts: 2,092 
Likes: 1,245
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Post by sl75 on May 31, 2019 7:09:52 GMT
Question also seems to be adequately addressed at the very start of the T&Cs:
"You may only become a Lending Member if you have a UK bank account and (a) you are an individual over 18 years of age (note: if you are not resident in the UK you should consult HM Revenue & Customs regarding taxation on any income or gains made in the UK or alternatively make an enquiry with Assetz SME Capital and we may have HMRC information to share with you to speed up this process); or (b) you are a limited liability company registered in the UK; or (c) you are limited liability partnership registered in the UK; or (d) you are a public body registered or formed with the relevant authority in the UK; or (e) you are any other legal entity duly registered with an appropriate authority in the jurisdiction in which you are located."
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dave2
Member of DD Central
Posts: 177
Likes: 163
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Post by dave2 on Jun 1, 2019 8:30:17 GMT
Hi Peeps, I might be looking to move out due to work related reasons and I am wondering if I can still keep my investments in the UK Ta! If you become classed as non-UK tax resident you will still be liable for UK income tax on UK derived income, you will no longer be eligible to invest in the IFISA. Or so I understand.
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