Jump to content
  • 0

Whats happens to my IG ISA account if I decide to move outside UK?


9982abhi

Question

As per regulation a person can only contribute to ISA account as long as he is a resident of UK.

But can continue to hold shares / funds in ISA account even after he moves of of UK.

My questions are:

1) Can I operate my IG ISA account from outside UK with existing funds? Does IG app and website access would be available?

2) If needed can i transfer funds from IG account to bank outside UK?

Has anyone in this forum has personal experience.

Thanks

Link to comment

2 answers to this question

Recommended Posts

  • 0

As per regulation a person can only contribute to ISA account as long as he is a resident of UK.

But can continue to hold shares / funds in ISA account even after he moves of of UK.

My questions are: When a person is has moved out of UK and is no longer UK resident, in that case:

1) Can I operate my IG ISA account from outside UK with existing funds? Does IG app and website access would be available?

2) If needed can i transfer funds from IG account to bank outside UK?

Has anyone in this forum has personal experience.

Thanks

Link to comment
  • 0
On 25/03/2021 at 15:43, 9982abhi said:

As per regulation a person can only contribute to ISA account as long as he is a resident of UK.

But can continue to hold shares / funds in ISA account even after he moves of of UK.

My questions are:

1) Can I operate my IG ISA account from outside UK with existing funds? Does IG app and website access would be available?

2) If needed can i transfer funds from IG account to bank outside UK?

Has anyone in this forum has personal experience.

Thanks

Hey, 

Thanks for your post. 

1) Once you have declared to IG that you've moved to another country you will not be able to pay any money into the account or buy more shares. You will be able to sell your shares though and withdraw funds. 

2) Depending on how long you've had your account with us will have an impact on where the funds can be sent to. For example with very new clients you can only send funds back to the source you funded with. Reach put to us via email if you need us to check your account and let you know which withdrawal methods are possible.

All the best 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      20,056
    • Total Posts
      88,104
    • Total Members
      69,050
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    wobbert
    Joined 30/09/22 17:52
  • Posts

    • GUSH is showing only for closing - not able to open trades on SB account. So I guess that means its not allowed in the ISA account either? What about the 3x Shell and BP ETFs? Its showing available in ISA but not able to buy them?
    • Hi Beck, you can access trailing stop loss by clicking on "Stop" and select "Trailing". I have attached a screenshot of the web platform. The same functionality is available on the mobile platform I believe (I don't use it so I cannot check for you).
    • According to Arrow Exploration (AXL) CEO, Marshall Abbott, Colombia is an excellent place to do business. Apart from an incoming well in Canada bringing on gas, Colombia is bearing tremendous fruit for the company and is the place where expansion is being undertaken. Listen in to the plans the board has to deliver increased shareholder value.         
×
×
  • Create New...