US rules control a lot of how Americans can invest their money.

• https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-accounts-fbar
• https://www.irs.gov/forms-pubs/about-form-8621

not to mention the US taxation of Americans abroad. My understanding is that it’s very difficult for Americans to invest in EU funds and/or use EU banks. Americans in Europe I know opt to keep their investments and large account balances in the US, with spending money in EU accounts.

I’m not an economist, but if these rules were gone, would this help the EU economy, by allowing US money to be invested into Europe more freely? For example, concerned Americans could move their accounts to EU investment funds/accounts