Hi all, I'm 43 and have 5 ETFs (about $9-10k) that I need to do something with (long story, but essentially to avoid higher taxes as I transition from USA to UK residency -- US citizen here.
Basically I think I can either a) sell them all and purchase new ETFs that comply with UK reporting regulations, or b) open a Roth IRA and funnel them into that.
The problem is, once I move, I won't be able to make contributions to the IRA any longer as I won't have US-taxable income. I'll start purchasing new UK-friendly ETFs and make regular contributions to those though, but the IRA ETFs will have to be untouched after a year or so. Is it worth doing this and starting over from 0 with the non-IRA new ones, or should I take the tax hit by selling and re-purchasing?
TIA!