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US citizens in the UK · Institutions

Which Options UK accounts accept US citizens

Last checked

Options UK offers a pension to a US person, with strings.

If you already have an account with Options UK, a second one there is usually the easier application, because Options UK has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was last updated.

At a glance

Account type Verdict Accounts Updated
SIPPs Accepts with conditions 1

SIPPs

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Accepts with conditions
Updated

US persons: nothing published about US persons either way, so ask before applying

Options UK is the pension trustee behind IG's SIPP, which is on file under IG with IG's own US rules, and it also runs the Premier SIPP in its own name. Neither the key features nor the fee schedule says anything about US persons, so its answer is unpublished rather than settled. It tells you to take advice from an independent adviser before applying, without making that a condition of entry.

FSCS £85,000 investment cover · direct or adviser introduced

Account Terms The catch
Premier SIPP
Annual fee
£440 a year holding standard investments, after a £200 set-up fee, plus £150 a year if it holds anything non-standard
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Source: Options UK Premier SIPP key features and full investment fee schedule, read 2026-09-25 Options UK's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

SIPP US tax

The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.

 Tax

US-UK tax treaty

The US-UK treaty stops most double taxation, but the saving clause lets the US tax its citizens almost as if it were not there. What survives the clause.

 Tax

Form 3520

A UK pension held in trust can be a foreign trust to the IRS. Rev. Proc. 2020-17 exempts qualifying retirement trusts from Forms 3520 and 3520-A, on conditions.