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non resident uk mon...
 

[Closed] non resident uk money holding "investing"

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[#12314249]

Pounds not doing well so as an expat non resident, forex transfers into my daily currency don't make much sense just now.
So, is the standard answer for what to do with money, that's not currently invested, still "stick it in Premium Bonds"?
I've 25k that's in 0.1% or whatever Barclays/FD bank accounts that was due to be transferred once the GBP strengthens.
I don't think I can do much else without showing up in the UK in person right?
I do have a premium bond (1983 issue) so assume I can relatively easily get more?


 
Posted : 03/04/2022 8:13 pm
Posts: 1117
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Put it into either gold or USD.

USD before the end of a quarter. Gold at the begining.


 
Posted : 03/04/2022 9:14 pm
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USD before the end of a quarter

Four times as many if it's in quarters. Ten times as many if you go for dimes


 
Posted : 03/04/2022 11:32 pm
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We just didn't tell the bank we were non-resident 🙂 However we did have the use of a UK postal address so they would have no way of knowing.


 
Posted : 03/04/2022 11:54 pm