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REDDIT

Dilemma as a non US and non EU resident/investor

G
Dec 14, 2025 · 13:58

Hello, as a non US and non EU resident, I would love to get an opinion on this dilemma that I have. Right now, I’m holding accumulating Ireland domiciled ETFs as a way to prevent US estate tax and US withholding tax. The tax officials of my country of residence still told me to report its notional distribution using the UK tax reporting documents provided by the fund manager on a reporting period basis. What I’m worried about is that by relying on another country for tax treatment, a possible change in how UK treat accumulating ETF will result in me having to sell my investment due to not being able to report the dividends generated anymore. For example: as of now, a tax reporting document will be provided by the fund manager on a reporting period basis on their website and can be accessed by everyone but what if this law is removed or the tax reporting information is moved to the UK tax reporting platform? I would have no way to access this at all. What do you think about this? Do you think I should keep my S&P500 + Developed Markets Ex. US ETFs or move completely to Gold or Silver since it doesn’t distribute dividends anyways so regardless of changes, there is nothing for me to report? I’m also down to changing to VT or VTI + VXUS and just realize the gains later when I’m close to retirement but of course, death is always around the corner (I may be overthinking, I’m still 21).