UK to Angola Investment Guide
The United Kingdom is home to an estimated 20,000-30,000 Angolans and their descendants, primarily concentrated in London, Manchester, and Birmingham. The UK’s deep financial markets, strong regulatory framework, and established Angolan community organizations create a solid foundation for diaspora investment into Angola’s capital markets.
Investment Pathways
UK-resident investors can access Angola’s capital markets through Aviso 15/19:
- Open a non-resident investment account at an Angolan commercial bank
- Complete KYC requirements using the Angolan Embassy in London
- Fund the account via GBP to USD international wire transfer
- Trade through a CMC-licensed broker on BODIVA
Available Investments
| Asset Class | Details |
|---|---|
| Equities | 5 stocks on BODIVA: BAI, BFA, BODIVA SA, BCGA, ENSA |
| Government Bonds | OTs and BTs via primary and secondary market |
| Investment Funds | CMC-authorized collective investment schemes |
UK-Angola Financial Context
- The UK and Angola have bilateral investment relations, particularly in the oil and gas sector
- Several Angolan nationals in the UK have professional experience in finance and energy
- London-based banks offer international wire transfer services to Angola
- HMRC has clear guidance on reporting foreign investment income
Key Considerations
| Factor | Details |
|---|---|
| FX Route | GBP to USD (via UK bank) to AOA (via Angolan bank) |
| Transfer Costs | GBP 10-30 SWIFT fee plus FX conversion (typically 1-2.5% total) |
| HMRC Reporting | Foreign investment income must be declared on Self Assessment tax return |
| Consulate Access | Angolan Embassy, 22 Dorset Street, London W1U 6QY |
| Time Zone | GMT/BST (UK) vs. WAT (GMT+1, Angola) — 0-1 hour difference |
| DTA Status | No comprehensive DTA between UK and Angola currently in force |
Related Pages
- Opening Accounts from the UK — Step-by-step guide
- Aviso 15/19 Explained — The non-resident investment framework
- Diaspora FAQ — Common questions answered
- Portfolio Tracker — Monitor GBP-adjusted returns