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Can I gift money to my wife and she trade through ISA shares account

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

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anandv21
Newly Registered
Posts: 1
Joined: Mon Jan 22, 2024 10:31 am
India

Can I gift money to my wife and she trade through ISA shares account

Post by anandv21 » Mon Jan 22, 2024 10:35 am

Hi Team,

I am on a tier 2 visa and would like to know if I can gift £10000 to my wife so that she can start trading creating her own shares and isa account.

She is not employed currently.

Thanks,
Anand

lolo2
Senior Member
Posts: 841
Joined: Thu Oct 24, 2019 8:14 pm
Venezuela

Re: Can I gift money to my wife and she trade through ISA shares account

Post by lolo2 » Mon Jan 22, 2024 10:44 am

Assuming she is your dependent and holds a SW dependent visa she is free to do any job - except as a sportsperson or trainer.

You can give away your money to her or anyone else you want.

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