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
non-resident savings
nsc_2
Posts: 9 Forumite
Hello,
I've recently sold my house and moved to France. (Very nice, I hear you say!). This has provided me with a lump sum to invest, and obviously, living in France, an internet account is the way forward.
I know from the Inland Revenue that as I am now a non-resident, I am eligible to receive any interest my money earns tax free. They even have a specail non-resident form to send to your bank or building society (R105).
The problem is that every account I look at requires me to be a UK resident. ???
Is this some sort of Catch 22? Is there a way around this? Does anyone know of a decent account that doesn't require UK residency as a condition of application?
Help!
:-/
I've recently sold my house and moved to France. (Very nice, I hear you say!). This has provided me with a lump sum to invest, and obviously, living in France, an internet account is the way forward.
I know from the Inland Revenue that as I am now a non-resident, I am eligible to receive any interest my money earns tax free. They even have a specail non-resident form to send to your bank or building society (R105).
The problem is that every account I look at requires me to be a UK resident. ???
Is this some sort of Catch 22? Is there a way around this? Does anyone know of a decent account that doesn't require UK residency as a condition of application?
Help!
:-/
0
Comments
-
0
-
I'll check it out. Thanks very much!

nsc0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards