I am a US citizen but have 6 British grandchildren in London. I had some US stock accounts for them but was forced to close them down due to some new anti-terrorism legislation here requiring foreigners to get tax id's---which I tried 3 times to do in the last 16 months without success.
Can British children own stock in British companies---say shares of BP? If not, any ideas about some sort of trust/isa for children---ages 0 to 15?
Thanks, Phil