Expat Community > England

alj
Joined 2002
Posts: 1

UK ISA and pensions

22 years ago

I would like to set up a UK ISA. It is my unerstanding the ISA will grow tax free. Do you know if you have to pay US tax on the gains? Is there a benefit in setting up an ISA? I am planning on getting my residency next year and living here for at least another 2 years. Do you know if I can transfer the ISA to a US IRA when I leave the UK?

Also, I have a pension set up with my employer. Do you know if I can transfer the money into a US IRA when I leave the UK?

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