Can foreigners buy shares in uk

Is it legal to hold shares in the UK if you are not a UK resident? I presume it is Yes it is legal, in fact according to statistics. Investors from outside the UK owned It's easy to own many of the larger UK stocks. Companies like British Petroleum, Glaxo, and Royal Dutch Shell, list what they call ADRs American Depositary Receipts on the U. That is, they will deposit local shares with Bank of NY Mellon, JP Morgan Chase, or Citicorp the three banks that do this type of business , and the banks will turn around and issue ADRs equivalent to the number of shares on deposit.

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This is not true with "small cap" companies. In those cases, a broker like Schwab may occasionally help you, usually not.

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