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Stocks and shares ISA transfer live overseas
Comments
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From the CTF/JISA - TISA page. So it should be possible I imagine it's just not very common and most JISA managers don't want to be bothered with these transfers.
Also after looking through Hargreaves Lansdown's pages, I would be tempted to give them a call.1 -
Hargreaves Lansdown are also a no!Ch1ll1Phlakes said:
From the CTF/JISA - TISA page. So it should be possible I imagine it's just not very common and most JISA managers don't want to be bothered with these transfers.
Also after looking through Hargreaves Lansdown's pages, I would be tempted to give them a call.0 -
Whilst the rules allow a transfer, there are issues if you have moved to a country where offering financial services if either not allowed, sanctioned or not commercially suitable. e.g., US, EU, Iran, Syria, etc.Buspasser said:
Hargreaves Lansdown are also a no!Ch1ll1Phlakes said:
From the CTF/JISA - TISA page. So it should be possible I imagine it's just not very common and most JISA managers don't want to be bothered with these transfers.
Also after looking through Hargreaves Lansdown's pages, I would be tempted to give them a call.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.1 -
Thanks I know people are twitchy about the US, I’m not in any of those places (didn’t know you couldn’t offer financial services in the EU there is so much crossover between here and there it must be complicated!) I also just for the avoidance of doubt pay all the tax I need to, I’m not trying to do some wacky tax avoidance just trying to move away from a very low rate of interest that we have effectively become trapped in! There must be hundreds of us out there it’s frustrating. Thanks for your suggestions everyone.dunstonh said:
Whilst the rules allow a transfer, there are issues if you have moved to a country where offering financial services if either not allowed, sanctioned or not commercially suitable. e.g., US, EU, Iran, Syria, etc.Buspasser said:
Hargreaves Lansdown are also a no!Ch1ll1Phlakes said:
From the CTF/JISA - TISA page. So it should be possible I imagine it's just not very common and most JISA managers don't want to be bothered with these transfers.
Also after looking through Hargreaves Lansdown's pages, I would be tempted to give them a call.0 -
It isn't about tax, it's about businesses not being able e.g., regulatory reasons or not wanting to open accounts for people who live in certain jurisdictions. When moving abroad you have to count yourself lucky that you're allowed to keep the accounts you already have.Buspasser said:
Thanks I know people are twitchy about the US, I’m not in any of those places (didn’t know you couldn’t offer financial services in the EU there is so much crossover between here and there it must be complicated!) I also just for the avoidance of doubt pay all the tax I need to, I’m not trying to do some wacky tax avoidance just trying to move away from a very low rate of interest that we have effectively become trapped in! There must be hundreds of us out there it’s frustrating. Thanks for your suggestions everyone.dunstonh said:
Whilst the rules allow a transfer, there are issues if you have moved to a country where offering financial services if either not allowed, sanctioned or not commercially suitable. e.g., US, EU, Iran, Syria, etc.Buspasser said:
Hargreaves Lansdown are also a no!Ch1ll1Phlakes said:
From the CTF/JISA - TISA page. So it should be possible I imagine it's just not very common and most JISA managers don't want to be bothered with these transfers.
Also after looking through Hargreaves Lansdown's pages, I would be tempted to give them a call.0 -
Sorry to hear that. This may be one of those situations where it is allowed but no provider will actually do it.Buspasser said:
Hargreaves Lansdown are also a no!Ch1ll1Phlakes said:
From the CTF/JISA - TISA page. So it should be possible I imagine it's just not very common and most JISA managers don't want to be bothered with these transfers.
Also after looking through Hargreaves Lansdown's pages, I would be tempted to give them a call.0
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