Spenser

Just moved back to Suffolk and was born the GB and also have US citizenship . I am retired and bought most of my money back to the Uk. Now trying to find a financial advisor but have been declined due the IRS fatca reporting requirements - can anyone give me advice on how to get investments advice - do I have to go to a international bank like HSBC or are there financial advisors who deal with the FATCA requirements ?
would appreciate any help - i am not super rich but need some guidance

durham_lad

We are also retired dual citizens who retired back to the UK. We decided to leave our investments including retirement accounts in the USA because of the difficulties you mention around FATCA and the US citizenship based taxation.

I have heard that H&L are about the only UK big brokerage to support US citizens.

https://www.hl.co.uk/financial-advice

Spenser

Thank you ! I wish I had known before moving back feel like I am in a bit of a mess now. Not really sure what to do.

MidAtlantic

Check out AJ Bell also. https://www.ajbell.co.uk/

They recently changed their position on US residents, but I think they may still service US citizens living in the UK.

kph100

If all your money and investments back in UK you could consider giving up Dual citizenship which also removes need to file a yearly USA tax return as a citizen ? Obviously if you are receiving pensions from USA that may complicate things.

tdrinker

Better to wait until certain the UK is the forever home before considering this.

kph100

Yes of course. Just an option.