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Lifetime ISA for a daughter that's moved to Ireland
ha-pajama
Posts: 21 Forumite
hi,
I have an 18 year old that has just moved independently to Southern Ireland, possibly for the next 4-5 years.
I'd like to set up an lifetime ISA for her as I'm doing for her twin who is still in England.
Does anyone have any advice? Is it doable? If she moves back to England, will she be able to transfer the money into an English Lifetime ISA - are there any tax implications that I should know about?
Google is not being my friend on this and I'm struggling to figure out what I should do.
Does anyone have any advice? Is it doable? If she moves back to England, will she be able to transfer the money into an English Lifetime ISA - are there any tax implications that I should know about?
Google is not being my friend on this and I'm struggling to figure out what I should do.
Thank you for any pointers you are able to give.
0
Comments
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Lifetime ISA's are only available in the UK, not in foreign countries.1
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Unless the account holder is a Crown employee on an overseas posting, or the spouse/civil partner of a Crown employee on an overseas posting.Albermarle said:Lifetime ISA's are only available in the UK, not in foreign countries.1 -
You would presumably need to open it as if she was still living with you.0
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