Selling UK shares while in OZ
Jan 27th 2013, 6:27 am
#1
Forum Regular
Thread Starter
Joined: Dec 2006
Posts: 166
Selling UK shares while in OZ
Hi,
Can anyone help or advise.
I have some UK shares given to me and want to sell them from Australia.
Is it straight foward, do I need a broker.
We have Permanent Residency.
Thanks
Can anyone help or advise.
I have some UK shares given to me and want to sell them from Australia.
Is it straight foward, do I need a broker.
We have Permanent Residency.
Thanks
Jan 27th 2013, 8:31 pm
#2
Retired
Joined: Apr 2004
Posts: 34,649
Re: Selling UK shares while in OZ
Most U.K. brokers will refuse to deal with you unless you can provide a U.K. address. So your options are:
1. Find a U.K. broker that will accept overseas clients. Perhaps one in the Isle of Man or Channel Islands?
2. Transfer the stock privately.
3. Find an Australian broker that's able and willing to deal in U.K. shares.
1. Find a U.K. broker that will accept overseas clients. Perhaps one in the Isle of Man or Channel Islands?
2. Transfer the stock privately.
3. Find an Australian broker that's able and willing to deal in U.K. shares.
Feb 18th 2013, 10:07 am
#3
Forum Regular
Joined: Apr 2007
Posts: 289
Re: Selling UK shares while in OZ
Originally Posted by Paul & June
Hi,
Can anyone help or advise.
I have some UK shares given to me and want to sell them from Australia.
Is it straight foward, do I need a broker.
We have Permanent Residency.
Thanks
Can anyone help or advise.
I have some UK shares given to me and want to sell them from Australia.
Is it straight foward, do I need a broker.
We have Permanent Residency.
Thanks
We are in this same boat now. Did you have any luck ?
Feb 18th 2013, 9:24 pm
#4
BE Enthusiast
Joined: Jan 2010
Posts: 440
Re: Selling UK shares while in OZ
We bought and sold Marks & Sparks shares through St George. Charges were pretty steep but they might be worth a try.
