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Where to save whilst working and living abroad.
laurencen
Posts: 1 Newbie
I have some savings in the UK but the account is not paying the best interest rate.
I am currently living and working abroad but don't want to transfer the money here as I will be returning. Whenever I apply for the best accounts I get told they are only open to UK residents. Is there anything I can do or am I stuck leaving my money in a low interest account.
I am currently living and working abroad but don't want to transfer the money here as I will be returning. Whenever I apply for the best accounts I get told they are only open to UK residents. Is there anything I can do or am I stuck leaving my money in a low interest account.
0
Comments
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You are not stuck with low interest accounts in the UK.
You should open an offshore account with one of the high streets banks or BS. As an example A&L IOM have some good accounts with competitive IR's http://www.alil.co.im/
You can do a search on moneysupermarket.com for offshore accounts.In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0
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