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What’s the state U.K. pension status if you become Spanish?
Separate to Spain, but a lot of UK banks are now 'managing their risk' of financial crime by closing down the accounts of anyone who is using their account just to receive their pension payments and is now living in a 'high-risk' country. This means tens of thousands of people who worked here most of their careers and retired to places like Jamaica, Nigeria, Pakistan, Philippines etc are now being denied access to their own pensions as other banks won't take on the 'risk' i.e. don't see the value on making reasoned assessments on each case on accounts which aren't profitable - it's easier to just fuck the customer off.
This would be a scandal we'd hear much more about if the victims weren't from Jamaica, Nigeria, Pakistan, Philippines etc...
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kl
What’s the state U.K. pension status if you become Spanish?
that was the main reason my partner has dual nationality as while having indefinite leave to remain she would not have access to 30 years of state pension contributions without being a dual national.