Savings in UK but moving to New Zealand

koru

rockitup wrote: »

I never bothered with Cash ISA's as I tend to switch from cash to investments a few times each year so can't help with that one, but I would guess that an ISA transfer is still a new account.

I think it is very unlikely that transferring an ISA means that the residence qualification is retested. Moving the underlying investment does not mean that the ISA wrapper has changed. The HMRC webpage that I linked a few posts previously only says that you can't put new money into an ISA once you have become non-resident for tax purposes.

koru

You might find that it might be helpful to have an account with HSBC in the UK, because they are one of the few UK banks that also has branches in New Zealand and they are quite well geared up to deal with immigrants from the UK.

traderboy007

Not sure if at all possible but a currency exchange firm may be able to accept money from an ISA then handle the exchange and transfer at a more favourable rate than a bank. I have used Infinity International in London in the past, very helpful and competitive on price. The guy I know there is called Matt Baker, his number is 0203 384 7280.

Good Luck!