Hello all!
I am a US citizen living in the UK. I have been awareded UK citizenship, but haven't made it "official" with a ceremony yet due to Covid19. Can anyone help me with the following?
1) SIPP. Any providers recommended that will accept US citizens? I actually have a SIPP already but am unhappy with my provider. If no other providers will accept me, is there a strategy to transfer the SIPP to another type of retirement fund?
2) Renouncing US citizenship. Due to the cost/hassle of filing US tax returns, as well as generally being a pariah when it comes to financial accounts like SIPPs, I have considered this. Any advice?
3) Remittance basis. Does anyone know if there is some sort of tax limit on the tax liability on unremitted funds? I have US savings that I want to remit to the UK at some point. Any other general advice?
Thanks!