Catzog Posted November 9, 2016 Share Posted November 9, 2016 Hi, I am a British Expat living in Australia. I currently have savings sat in a UK bank account. The money is just sat there not doing anything! I am keen to investigate investment options, I know that we can't invest in an ISA as you have to be resident in UK. Are there any other options? I hate the fact that we are not making any interest! Thanks very much Link to comment Share on other sites More sharing options...
Mike@Bonbeach Posted November 9, 2016 Share Posted November 9, 2016 Depending on what your thoughts are on investment. We had some Premium Bonds before we came to Australia and have added to the amount since and rarely a month goes by that either one or both of us doesn't win something. OK it may only be a small 25 Pounds but that is better than nothing and there is always the chance of something bigger. Mike Link to comment Share on other sites More sharing options...
scuffythetugboat Posted November 9, 2016 Share Posted November 9, 2016 You could get your relatives to buy Premium Bonds in their name with your money or you can buy them in your name but you would have to pay Australian tax on your winnings. Link to comment Share on other sites More sharing options...
Keith and Linda Posted November 9, 2016 Share Posted November 9, 2016 We bought some Premium bonds recently, the winnings in just two months better by far any interest we were getting on the same money. Link to comment Share on other sites More sharing options...
Mike@Bonbeach Posted November 10, 2016 Share Posted November 10, 2016 Depending on what your thoughts are on investment. We had some Premium Bonds before we came to Australia and have added to the amount since and rarely a month goes by that either one or both of us doesn't win something. OK it may only be a small 25 Pounds but that is better than nothing and there is always the chance of something bigger.Mike I forgot to mention the website for Premium Bonds is http://www.nsandi.com Good luck if you get some. Mike Link to comment Share on other sites More sharing options...
ramot Posted November 10, 2016 Share Posted November 10, 2016 We win most months and this was a good one, even our daughter who has hardly any now, won 50 pds. Link to comment Share on other sites More sharing options...
newjez Posted November 10, 2016 Share Posted November 10, 2016 Hi, I am a British Expat living in Australia. I currently have savings sat in a UK bank account. The money is just sat there not doing anything! I am keen to investigate investment options, I know that we can't invest in an ISA as you have to be resident in UK. Are there any other options? I hate the fact that we are not making any interest! Thanks very much Personally I would have thought any investment fund that looks at the USA would be good. Link to comment Share on other sites More sharing options...
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