# Effect of changing residence on long term investments

**URL:** <https://community.trading212.com/t/effect-of-changing-residence-on-long-term-investments/32734>\
**Category:** 🤝 Help\
**Created:** [December 22, 2020, 12:21pm UTC](https://community.trading212.com/t/effect-of-changing-residence-on-long-term-investments/32734 "2020-12-22T12:21:48Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![annk](https://avatars.discourse-cdn.com/v4/letter/a/c68b51/32.png) [@annk](https://community.trading212.com/u/annk)\
**Post date:** [December 22, 2020, 1:13pm UTC](https://community.trading212.com/t/effect-of-changing-residence-on-long-term-investments/32734/5 "2020-12-22T13:13:39Z")

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so I had a chat again with a new support agent and he said there will not be any impact on my existing account if I move back. This is quite contradictory to the first support agent who said I would need to close my existing account and open a new one.

@Team212 could you confirm the following:

I currently have an account opened as a **german resident**. There would be no effect on my trading account if I move to my home country (India) or any of your supported country anytime in future. If I lose access to my german bank account then withdrawal would be possible to another country’s bank account on my name.

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