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NS & I Pensioners Bonds – US Citizens Keep Out!

17th Jan 2015
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Hidden in the small print, but really important for anyone who happen to be a US citizen or green card holder is a rule that will affect tens of thousands of long-term UK residents. Anyone who fits into either of these categories is simply not allowed to invest in the new NS & I 65 + Guaranteed Growth Bonds, because buried in the small print is a statement that these bonds cannot be "purchased by a person, or on behalf of a person, who is either a US citizen and/or a US resident for tax purposes." 

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By ShirleyM
18th Jan 2015 09:06

That's fair enough

As the interest on these bonds is being subsidised by the UK taxpayer then all foreign investors should be excluded.

A cynic would say this is just a pre-election bribe for wealthy pensioners.

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