We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Lifetime ISA for a daughter that's moved to Ireland

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.

Thank you for any pointers you are able to give.

Comments

  • Albermarle
    Albermarle Posts: 31,567 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
     Lifetime ISA's are only available in the UK, not in foreign countries.
  • hpas251
    hpas251 Posts: 36 Forumite
    Third Anniversary 10 Posts Name Dropper
     Lifetime ISA's are only available in the UK, not in foreign countries.
    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.
  • mebu60
    mebu60 Posts: 1,924 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    You would presumably need to open it as if she was still living with you. 
  • artyboy
    artyboy Posts: 2,146 Forumite
    1,000 Posts Third Anniversary Name Dropper
    mebu60 said:
    You would presumably need to open it as if she was still living with you. 
    AKA "commit fraud"...
  • j_netprofit
    j_netprofit Posts: 242 Forumite
    100 Posts Second Anniversary Name Dropper Photogenic
    artyboy said:
    mebu60 said:
    You would presumably need to open it as if she was still living with you. 
    AKA "commit fraud"...
    😂             
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.