Why Americans in Europe Can't Buy US ETFs (MiFID II)
July 15, 2026
When U.S. expat Austin Davidsen moved to Germany in 2018, MiFID II regulations cut off his access to the US ETFs he'd always invested in. In this episode, Austin walks through the options strategy that got him legally investing again, while FIRE Coach Blair Hoover and PTW host Arielle Tucker break down why PFIC rules turn the obvious EU workaround into a tax trap for Americans, and what to ask before you move, not after.
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