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ISA for my daughter but does she qualify??

(4 Posts)
twinkletwinklepops Sat 01-Mar-14 13:56:25

Hello there, can you I have some help from the money experts please. We live in The Netherlands and our daughter (2.5yrs) was born here but has a British Passport.

I'm keen to set up some kind of savings for her both in NL and in the UK as we have family there too.
Does this mean she would be entitled to have an ISA? If not what do?

specialsubject Sat 01-Mar-14 17:44:37

no, in short - ISAs are only for UK residents. Sorry.

no reason she can't have a tax-paying savings account in the UK, but check the small print as most banks will also only want UK residents.

twinkletwinklepops Sat 01-Mar-14 19:16:02

Thanks Specialsubject. Not the news I wanted to hear but good to know I can strike it off the list.

specialsubject Sat 01-Mar-14 20:12:57

every cloud... :-)

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