ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Applying for Help to Buy: ISA on Tier 2 visa

Only for the UK Skilled Worker visas, formerly known as Tier 2 visa route

Moderators: Casa, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, archigabe

Locked
mi_kon
Newbie
Posts: 44
Joined: Tue Apr 11, 2017 2:35 pm

Applying for Help to Buy: ISA on Tier 2 visa

Post by mi_kon » Tue Mar 20, 2018 5:07 pm

Good afternoon,

I am planning to open a Help to Buy ISA in a UK bank and I am a Tier 2 visa holder. Eligibility rules are a bit confusing to me. I've checked this https://www.helptobuy.gov.uk/help-to-bu ... -eligible/ and it just says you need to
"be a UK resident"
without specifying resident status.

I would imagine that applying for the government bonus is considered as getting public funds and I am not planning to do that as of now. But I want to know if I can open ISA in a UK bank, use it just as a saving account with decent interest rates and, in case if I eventually get an ILR, apply for government bonus then or just close bank account and withdraw money if not?

Thanks a lot,
Mike

User avatar
CR001
Moderator
Posts: 87003
Joined: Thu Mar 08, 2012 10:55 pm
Location: London
Mood:
South Africa

Re: Applying for Help to Buy: ISA on Tier 2 visa

Post by CR001 » Tue Mar 20, 2018 5:10 pm

If you hold a tier 2 visa you are a 'UK Resident'.

Help to buy is not considered public funds.
Char (CR001 not Casa)
In life you cannot press the Backspace button!!
Please DO NOT send me a PM for immigration advice. I reserve the right to ignore the PM and not respond.

traveljunkie123
Newly Registered
Posts: 9
Joined: Wed May 02, 2018 1:32 pm
Philippines

Re: Applying for Help to Buy: ISA on Tier 2 visa

Post by traveljunkie123 » Thu Apr 18, 2019 9:53 pm

hi! i am on tier 2 visa. is it okay to have both Help to Buy Equity Loan and Help to Buy ISA bonus? this won’t affect ILR? thanks!

Locked
cron