Investing in UK managed fund from Spain
#1
Just Joined
Thread Starter
Joined: Aug 2018
Posts: 12
Investing in UK managed fund from Spain
Hi All,
I've only just started looking into this but can anyone share any knowledge of using a UK investment platform (for example Nutmeg) but paying tax / being a resident in Spain? Some platfoms allow this but would the tax implications make it not worthwhile?
Thanks
I've only just started looking into this but can anyone share any knowledge of using a UK investment platform (for example Nutmeg) but paying tax / being a resident in Spain? Some platfoms allow this but would the tax implications make it not worthwhile?
Thanks
#2
Re: Investing in UK managed fund from Spain
When through the process several years ago to set up a UK SIPP. Only UK provider at the time who would take me with a Spanish address was Hargreaves Lansdown. Not the cheapest but their service has been excellent. Never moved back so never really needed the tax shelter but it was precautionary move at the time. Investments end up on your Modelo 720 and any income taxed in normal way.
#3
Just Joined
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Joined: Aug 2018
Posts: 12
Re: Investing in UK managed fund from Spain
Ah OK thanks very much for sharing Loafing Along