So, you know at some point you will be moving abroad, but still want to open an InvestEngine account in the meantime and want to know if you can do this.
As a UK resident, you can open a General account even if you move abroad at some point. When you have moved abroad you will not be able to fund or trade on the account. Please note, it is your responsibility to check your tax status in the country in which you are residing, in relation to holding securities and potentially withdrawing from your InvestEngine account. If you do withdraw while abroad, we would only pay the funds into your nominated UK bank account.
It is the same with an ISA account. You can open an ISA for the current tax year as long as when you open it you are a UK resident. If you move abroad, you will be able to make payments into your ISA until the end of the financial year. After the tax year is over you can keep the ISA open and you will continue to enjoy UK tax relief on the account. You will also still be able to transfer your ISA, but not deposit new funds. You will be able to resume funding new tax years ISAs when you become a UK resident again.
With both types of account, you must notify us as soon as you stop being a UK resident.