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Investing in UK managed fund from Spain

Investing in UK managed fund from Spain

Old Feb 6th 2020, 4:56 pm
  #1  
obd
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Default 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
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Old Feb 6th 2020, 6:02 pm
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Default Re: Investing in UK managed fund from Spain

Originally Posted by obd View Post
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
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.
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Old Feb 7th 2020, 8:40 am
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Default Re: Investing in UK managed fund from Spain

Ah OK thanks very much for sharing Loafing Along
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