A friend is foreign domiciled and wants to buy some shares, and possibly unit trusts, with her offshore funds.
Most brokers around the UK don't offer accounts for non UK domiciled people.
Are there any offshore share dealing outfits?
Jun 24, 2004
4 Replies
I assume she is not wanting to acquire UK registered shares or securities? If so, is she aware that she could have acquired UK situated assets which could cause her CGT and IHT problems?
Try looking in the local yellow pages under "B" for broker (or "C" for courtier in France, etc.). It is far better to deal with a local firm. Having said that, while I was abroad I kept a UK address alive and used that for dealing with UK brokers.
"Doug Ramage" wrote
I think she is after buying a FTSE100 tracker, and perhaps some unit trusts but the latter could be non UK managed.
She may be better off dealing with brokers based in the Channel Islands or IOM.
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