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Re: UK Premium Bonds

Posted: Thu Sep 29, 2022 8:49 am
by Roger Van Zant
but I decided to apply using my Mum's address in the UK
That might come back to bite you, as it's technically fraud, no?
Imagine winning a large prize, but not being able to claim it because you can't prove you are a resident at the address you claim to live at! :o
Better to be honest about living in Japan, and just pay the Japanese tax on any winnings.
I read online that for any prizes over 1500 quid, you get sent a letter, and have to actually prove you live at your registered address.
For prizes under 1500 quid, you can just claim online.
(I might be off with the above amount)

Re: UK Premium Bonds

Posted: Thu Sep 29, 2022 10:06 am
by northSaver
Well, I managed to open the account OK and presumably had to prove my address at the time (can't remember the details). I do have some correspondence going to that address, such as bank statements, so maybe that will be enough? But yeah, it's something I should look into.

Prizes over £5000 require a claim form, less than that are paid automatically. And if you win £1,000,000 you get a visit from Agent Million! That could be awkward, yes. I would catch the first flight back to claim that one... but would they still pay it? Not sure.