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Ex pat SIPPS
manckath
Posts: 1 Newbie
Hello - does anyone know why it's so difficult to move from one UK SIPP to another if you live abroad and are not UK resident for tax purposes? I really want to go for a low cost one that I can manage myself.
Is it regulatory? Tax?
Or is it possible and if so, how? With who?
Thanks
Is it regulatory? Tax?
Or is it possible and if so, how? With who?
Thanks
0
Comments
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does anyone know why it's so difficult to move from one UK SIPP to another if you live abroad and are not UK resident for tax purposes?
The SIPP provider would need to hold passporting rights if its within the EU. Not all hold this. So, you would need one that deals with ex pats and has passporting permissions.
Certain countries are also blacklisted.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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