How to save/invest if i'm a non-UK taxpayer

JoeSheffer

I'm a non-uk taxpayer but am British.

I've lived in the Middle East for a while and am looking to start saving, but all the advice I can find online concerns people who pay UK tax or are concerned about tax on their interest.

I'm confused about where to get started really...I have a lump sum in my current account at the moment and little idea about what to do with it. I'm not in the oil-bus and don't have squillions of squids, but am thinking more and more that I should start saving even if i am living like Huckleberry Finn. I'm not really interested in investing in Yemen where I have been living, for obvious reasons.

Surely i can use my UK personal tax allowance (because i don't work or live in the UK) to save...but rates seem to be far higher on most ISA's at the moment than the equivalent savings accounts?!

Yours confusingly

innovate

Afraid, you cannot have an ISA if you are not a UK resident. http://www.hmrc.gov.uk/isa/faqs.htm#14

You can, however, have lots of normal savings accounts with UK-based banks, or their international arms. There have been lots of threads on this - a summary is here: https://www.google.co.uk/search?as_q=resident+savings&as_epq=&as_oq=&as_eq=&as_nlo=&as_nhi=&lr=&cr=&as_qdr=all&as_sitesearch=forums.moneysavingexpert.com&as_occt=any&safe=images&tbs=&as_filetype=&as_rights=