"US Person": is a red flag for financial institutions in Europe

https://lemmy.world/post/44073145

"US Person": is a red flag for financial institutions in Europe - Lemmy.World

I saw some posts about american wanting to move to Europe; so just before you guys make the move, double-triple check insurances/banks, because literally every time I (not american) do smth financially related in France, they ask me if I am american? If yes, they won’t even open accounts/ give me insurance etc… Sounds discriminatory but apperently because legal I dont know if that expands to any other field

yeah I have eu citizenship and can’t open an account in europe. Now I can if I am resident to the particular area. I think europe is losing a big opportunity as I would not be surprised if quite a few us people would not mind having a bit of euros in a better run banking system just in case. They should tell the us to shove it with whatever laws or treaties prevent this.
Nah, all eu countries will honor their tax treaties with the us. If the us gov/irs wants to fuck over their citizens that’s your problem.
well and lost opportunity. What makes a reserve currency is people keeping accounts in that currency.