I am a dual US / UK citizen living in the British Isles who maintains a US address and still files US taxes. My unmarried partner is a British citizen. We have no plans to return to the US for the foreseeable future. My partner and I wish to invest in US stocks, but wish to do so in the most tax-advantageous and least complicated scenario possible (obviously!).
I see three options:
- Open a UK brokerage account in my partner’s name to invest in US stocks.
Open a UK brokerage account in my name to do the same.
Open a US brokerage account in my name to invest.
My own (ongoing) research has turned up quite a lot of information that is swimming around in my brain — FACTA, FEIE, US brokerages prohibiting expats from opening accounts, UK brokerages refusing to take on US expats, etc, etc, etc.
Can anyone suggest what they believe is the best method for investing in US stocks in our situation and why?
Or perhaps there’s a possibility we aren’t aware of yet.
Thank you.