Posts  / #POST-204033
REDDIT

Found myself in a peculiar situation.

N
Mar 28, 2025 · 17:35

So I wanted to start investing, mainly just regularly buying S&P500 index with a long-term vision through ETFs.
However, I live in the UK and have a russian passport. As a consequence:

* I cannot buy US-based ETFs, because of something called KID - they do not have required documentation for European customers.
* I cannot buy "UK-based" ETFs, since almost all of them are technically Ireland domiciled, hence EU sanctions apply, and the UK conviniently left the EU. This is regardless of whether I have a British passport, so will remain a factor possibly for years. (as per EU sanctions all russian nationals are banned from buying any EU financial securities)
* I cannot buy ETFs traded in other regions as well (Australia, Japan, Hong-Kong), again, because of KID.

Curious to hear if you can think of any workarounds or am I basically screwed? Am I stuck with just hand-picking individual U.K. and U.S. stocks?
I am with IBKR if that matters.