isa
 

can we have cash -individual saving account (cash isa)if we have emigrated to us?
are isa taxable in usa?

Re: isa
 

Which ISA are you talking about
http://en.wikipedia.org/wiki/ISA

Re: isa
 

Is English your first language, or are you originally from outside the UK?

Re: isa
 

You can not open a cash ISA (or any kind of ISA) once you are nonresident in the UK.

Exisiting cash ISA's are not covered under the dual taxation treaty, i.e., are not recognized as tax-exempt income in the US. So yes, if you have an existing ISA it is taxable in the US as worldwide income.

Re: isa
 

If you have an existing ISA you may keep it but cannot add any money to it after becoming non-resident.

Interest/income from the ISA is taxable by the IRS if you are treated as a US resident for tax purposes, as dunroving said.

Also, the tax situation regarding selling stocks/shares within a stocks & shares ISA is not particularly nice as a US resident.