Savings Accounts for Expatriates

gozomark

lectureral wrote: »

. Anyway I think it is a checklist thing - can you give a UK address? Yes. OK then.
.

I thought you had to prove residency at that address, not just give it a a contact address - eg utility bill. Happy to be proven wrong on that

Special_Saver2

Hi Savings Addict

There is also:
i) Halifax International
ii) Halifax UK offers these accounts to non-UK residents

SS2

gozomark

Special_Saver2 wrote: »

Hi Savings Addict

There is also:
i) Halifax International
ii) Halifax UK offers these accounts to non-UK residents

SS2

but this is offshore isn't it, so not covered by FSCS ?

Cook_County

As you are French resident & taxable why not move the money to Luxembourg or onshore to France?

lectureral

gozomark wrote: »

I thought you had to prove residency at that address, not just give it a a contact address - eg utility bill. Happy to be proven wrong on that

Yes - if opening a new account - I was talking about maintaining existing accounts in my original post though (sorry that got a bit lost in my second post) - so it was just a case of giving my existing banks a change of address.

ahai1

Someone could suggest that they have an article on this. I don't know how to suggest it though.

Cook_County

lectureral wrote: »

The worst that can happen, I think, is that you will be asked to close your account but as long as you respond to letters sent to the UK address (relative opens them and lets you know of anything unusual) then they are unlikely to find out.

Anyway I think it is a checklist thing - can you give a UK address? Yes. OK then.

They have no interest in the exact details of your resident status is my impression.

This is not correct, they need to know for EU Savings Tax withholding purposes and to report to HMRC.

withnell

Cook_County wrote: »

This is not correct, they need to know for EU Savings Tax withholding purposes and to report to HMRC.

That's only if you want it paid gross. If interest is paid net then the EU Savings Tax doesn't apply

ahai1

Is it legal to tell the bank you live somewhere you don't?

lectureral

ahai1 wrote: »

Is it legal to tell the bank you live somewhere you don't?

I don't know - I have rather lost track of all the criminal offences on the books these days. I took a photo of a policeman the other day (he was in the background) - so that's another one.