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Selling UK shares while in OZ

Selling UK shares while in OZ

Old Jan 27th 2013, 6:27 am
  #1  
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Default 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
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Old Jan 27th 2013, 8:31 pm
  #2  
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Default 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.
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Old Feb 18th 2013, 10:07 am
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Default Re: Selling UK shares while in OZ

Originally Posted by Paul & June View Post
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
Hi
We are in this same boat now. Did you have any luck ?
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Old Feb 18th 2013, 9:24 pm
  #4  
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Default 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.
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