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What’s super fun is that if you’re a US citizen who is an EU resident, no US-domiciled mutual fund is allowed to be sold to you because they don’t meet the EU's
by MandieD 6y ago
What’s super fun is that if you’re a US citizen who is an EU resident, no US-domiciled mutual fund is allowed to be sold to you because they don’t meet the EU's customer disclosure requirements, but you’re an idiot if you buy the EU-domiciled ones you’re allowed to because of US-assessed PFIC.
Closest solution I’ve found is a Schwab International Account based in the US, and buying Berkshire Hathaway shares, because it's so broadly invested in lots of other companies.