Applying for Help to Buy: ISA on Tier 2 visa

[mi_kon]

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

[CR001]

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

Help to buy is not considered public funds.

[traveljunkie123]

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!