UK savings for non-doms

UK savings for non-doms

Author
Discussion

Fatt McMissile

Original Poster:

330 posts

133 months

Saturday 28th February 2015
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If you've been refused renewal of UK bank and building society savings products because you're resident in France, it may interest you that the National Savings "granny bonds" for 65+ paying 2.8 and 4% are available to non-residents from £500 to £40,000 per couple, as well as some other less attractive products like premium bonds.
Steve

trunnie

306 posts

257 months

Sunday 1st March 2015
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But of course, expats have the right to a vote, that's why they're eligible for this naked government bribe to the elderly.

I've yet to see a cogent explanation as to why, when the UK Government can issue gilts at about 1%, it has to pay the elderly 4 times that for their money.

Fatt McMissile

Original Poster:

330 posts

133 months

Tuesday 3rd March 2015
quotequote all
Thank you for your explanation trunnie! We elderly are so out of touch.

I see the reasoning behind it now, but I promise that I won't let it influence the way that I vote wink

Perhaps you could also explain the reasoning behind the UK government's changing the rules in order to stop paying the winter fuel allowance to UK pensioners living in France?

Steve

trunnie

306 posts

257 months

Wednesday 4th March 2015
quotequote all
Politicians belief that the electorate have short memories???

Expatloon

215 posts

157 months

Wednesday 4th March 2015
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It's been raised with the EU Commission who have acknowledged it but say that they can't act until the new rule is enacted in September 2015.