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  • FIRST POST
    • t0ph
    • By t0ph 22nd Sep 16, 12:11 PM
    • 3Posts
    • 0Thanks
    t0ph
    Help to buy ISA - moving abroad
    • #1
    • 22nd Sep 16, 12:11 PM
    Help to buy ISA - moving abroad 22nd Sep 16 at 12:11 PM
    Hi

    I currently have a Halifax Help to Buy ISA, I've just accepted a job in Europe so wont be living in the UK from November.

    I think I know the answer to this already but I presume I will not be able to pay into my ISA as I will no longer be a UK resident, is this correct?

    Thanks
Page 1
    • badger09
    • By badger09 22nd Sep 16, 1:23 PM
    • 4,100 Posts
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    badger09
    • #2
    • 22nd Sep 16, 1:23 PM
    • #2
    • 22nd Sep 16, 1:23 PM
    Deleted

    Having 2nd thoughts
    • badger09
    • By badger09 22nd Sep 16, 1:53 PM
    • 4,100 Posts
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    badger09
    • #3
    • 22nd Sep 16, 1:53 PM
    • #3
    • 22nd Sep 16, 1:53 PM
    My 2nd thought is that my 1st thought was correct

    If you will be non resident in UK for tax purposes, you won't be able to add to your HTB ISA. There is though, nothing to stop you leaving it in place earning interest until you return.
    • t0ph
    • By t0ph 22nd Sep 16, 3:10 PM
    • 3 Posts
    • 0 Thanks
    t0ph
    • #4
    • 22nd Sep 16, 3:10 PM
    • #4
    • 22nd Sep 16, 3:10 PM
    Hi, OK thanks for the reply. I guess I will ring Halifax and confirm with them.
    I'll just switch my current savings into the highest interest account I can currently find.
    • badger09
    • By badger09 22nd Sep 16, 4:26 PM
    • 4,100 Posts
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    badger09
    • #5
    • 22nd Sep 16, 4:26 PM
    • #5
    • 22nd Sep 16, 4:26 PM
    Hi, OK thanks for the reply. I guess I will ring Halifax and confirm with them.
    I'll just switch my current savings into the highest interest account I can currently find.
    Originally posted by t0ph
    If you intend to buy a property in UK at some time, why give up on the HTB bonus?
    • MARTYM8`
    • By MARTYM8` 22nd Sep 16, 7:47 PM
    • 1,167 Posts
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    MARTYM8`
    • #6
    • 22nd Sep 16, 7:47 PM
    • #6
    • 22nd Sep 16, 7:47 PM
    The rules say that to 'qualify for a help to buy ISA you must be a UK resident'.

    https://www.helptobuy.gov.uk/help-to-buy-isa/who-is-eligible/


    When you opened it you were a UK resident and when you claim the bonus you will presumably be one too.
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