Do you have to be American to purchase this? What about Canadians? This is absolutely bonkers that this exists, the GIC account I put in pays a measly 1.25%. U

Do you have to be American to purchase this? What about Canadians? This is absolutely bonkers that this exists, the GIC account I put in pays a measly 1.25%. Update: so according to this site looks like it is possible but we will be taxed on the interest (50% capital tax!!!) https://www.thestreet.com/investing/funds/can-canadians-have-treasury-direct-accounts-737721 https://www.thestreet.com/investing/funds/can-canadians-have... Is there a way to avoid this by putting it in TFSA or RRSP?