Jump to content
  • 0

Moving outside the UK rules (ISA,shares etc)


hkominos

Question

Greetings.

I would like to know what is the official position  of IG regarding ISAs for customers moving outside the UK.
As a non-UK taxpayer I assume that account becomes "locked" in the sense that no new positions can be opened but what about the current position and the amounts already in the account? Do they remain ?
What about normal shares accounts?

Regards

Link to comment

3 answers to this question

Recommended Posts

  • 0
On 19/03/2022 at 22:51, hkominos said:

Greetings.

I would like to know what is the official position  of IG regarding ISAs for customers moving outside the UK.
As a non-UK taxpayer I assume that account becomes "locked" in the sense that no new positions can be opened but what about the current position and the amounts already in the account? Do they remain ?
What about normal shares accounts?

Regards

Hi @hkominos,

Effectively UK ISA and accounts are available for UK tax payer. I do know that if you move out of UK you will need to create a new account in the relevant region you are in as the customer agreements and products will differ accordingly to the local regulations.
Reach out to helpdesk.uk@ig.com or use our live chat feature to confirm if you can keep your ISA account open.

All the best - Arvin

Link to comment
  • 0
On 09/04/2022 at 20:18, RonaldFelison said:

If you have paid taxes to an ISA in the UK then you have the right and access to your pension account or savings account. You can transfer the amount to an IRA in the US after you move and open an account there. If you don't have one, you can apply to the IRS to have your funds transferred. They are already yours.

And what if I didn't pay taxes, I could be fined or put in jail? Sorry for the strange question, I just haven't paid taxes for a long time.

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
      21,273
    • Total Posts
      90,897
    • Total Members
      41,390
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    mla
    Joined 06/02/23 12:24
  • Posts

    • EUR/USD and GBP/USD are topping out while EUR/GBP rallies Outlook on EUR/USD, EUR/GBP and GBP/USD as traders re-access last week’s Fed, ECB and BoE rate hikes and exceptionally strong US unemployment data.  Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Monday 06 February 2023  EUR/USD is seen topping out EUR/USD’s rally to its ten-month high at $1.1033 came to an abrupt end last week as the US dollar regained some of its recent losses on the back of the US Federal Reserve’s (Fed’s) 25-basis point rate hike, with the fed funds rate rising to 4.50%-4.75%, and much stronger-than-expected non-farm payroll (NFP) data on Friday. EUR/USD has since given back over 2% and is fast dropping towards its $1.0766 to $1.0715 support zone, made up of the December highs and mid-January low, despite German factory orders rising by 3.2% month-on-month in December of 2022 versus an anticipated rise by 2% and reversing from a downwardly revised 4.4% tumble in November. The speed and depth of the last few days’ decline in the cross points towards at least a several day and perhaps week-long pause in the EUR/USD medium-term uptrend. A fall through $1.0715 would engage the 55-day simple moving average (SMA) at $1.0661.Resistance can be spotted along the breached November-to-February uptrend line at $1.0827 and above it at the $1.0887 mid-January high. Source: IT-Finance.com EUR/GBP is gunning for the minor psychological £0.9000 mark EUR/GBP’s steep ascent last week has taken the currency pair so far to £0.8978 and thus close to the psychological £0.90 mark which is now in focus as the British Pound is depreciating while the euro remains strong, following last week’s respective 50-basis point rate hikes by the European Central Bank (ECB) and the Bank of England (BoE). The cross is trading at levels last seen in September of 2022 and may begin to lose some of its recent strong upside momentum around the £0.90 mark. Further up sits the 28 September high at £0.9066.Support can be found around the January high at £0.8897 and then at the £0.8877 December high, ahead of the 25 January £0.8852 high. Source: IT-Finance.com GBP/USD slips back to towards the lower end of its two-month trading range [currencies:GBP/USD’s] recent failure around the December high at $1.2446 has provoked a swift sell-off which is taking the currency pair back towards the lower end of its December-to-February trading range seen between $1.2448 and $1.1841 as the British pound weakens on fears that the UK economy is sliding into recession. The first downside target is the 200-day SMA at $1.1955, around which the cross may find short-term support. Further down sits the $1.1841 early-January low with resistance being spotted along the 55-day SMA at $1.218. Source: IT-Finance.com
    • Hi @chsiao1118 We offer these services. Click on the below link for further information: https://www.ig.com/uk/help-and-support/corporate-events-and-dealing/corporate-action-events/do-you-offer-proxy-voting If a stock gains the status of ISA eligibility, IG will not return the shares back to ISA account. The client can request a Bed & ISA to transfer the holding from the share dealing account to the ISA.  All the best, OfentseIG
    • when did Excel Based Trading really start? + this would include using Excel DDE, Excel RTD, etc would it be envisaged that Excel Based Trading will get more popular from now on? as is understood, there are broker platforms which allow one to extract eg OHLP Prices directly into Excel, instead of have to configure an Excel DDE spreadsheet, or Excel RTD spreadsheet + any comments on this?
×
×
  • Create New...