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Saving in isa and emigrating
BONES62
Posts: 1 Newbie
My son is apart to depart UK for singapore for at least two years has current savings in ISA will this still be available as he is about to be a non uk tax payer - could he add into these funds while working in Singapore
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Comments
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I am guessing that he will seek to be classed as non-resident (among other things, so that he does not have to declare his earnings while overseas to HMRC). Under those circumstances, he can retain his existing ISA's, but cannot contribute more into them or open new ones until he again becomes resident in UK.A bank is a place that will lend you money if you can prove you don't need it.0
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