ISA Investment whilst non resident - Community Forum (2024)

ISA Investment whilst non resident - Community Forum (1)

Hi,I went on holiday in March, and shortly after the start of this tax year made an investment into a stocks and shares ISA. I am still abroad and am now unlikely to return to the UK. What should I do? Leave it until I am told to do otherwise, withdraw the investment plus any gains. Are there any forms to fill in?Thanks.

ISA Investment whilst non resident - Community Forum (2)

PostedMon, 18 Sep 2023 12:48:37 GMTbyHMRC Admin 32

Hi,

Non UK residents cannot normally open an ISA. Expats may be able to keep their ISA, but they cannot add any more funds to it or open a new one, as long as they are not resident in the UK. We cannot advise you with regards what to do with your existing ISA. You may need to speak to an financial adviser.

Thank you.

ISA Investment whilst non resident - Community Forum (3)

PostedSun, 17 Mar 2024 21:55:26 GMTbyCarlos Lopez

Hi can I open a ISA account having a skilled work visa? I have been in UK for 2.5 years, the plan is to get permanent residency after 5 years

ISA Investment whilst non resident - Community Forum (4)

PostedFri, 22 Mar 2024 07:08:04 GMTbyHMRC Admin 25

Hi
Please have a look at the guidance on skilled work visa limitations at:
Skilled Worker visa
In the what you can and cannot do sections, there is no mention of saving or ISAs.
As long as you are resident in the UK, you can open an ISA.
Thank you.

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ISA Investment whilst non resident
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