EU wide tax free investing account

The idea is to implement an EU-wide, UK-style Roth ISA, where you can invest up to a certain amount without paying any taxes on it, including on sales and dividends. This would be especially useful for addressing the retirement crisis and for helping Europeans build wealth from a young age.

Why a limited amount? Because unlimited contributions would never be approved. However, even a cap of around €20,000 per year would be revolutionary.

Why EU-wide? Because it would incentivize Europeans to invest in European companies and startups.

This system would also bring several key benefits: it would give young people greater financial independence by encouraging long-term saving habits, provide more capital for European innovation by directing investment toward EU companies, create a unified internal market for retail investing instead of today’s fragmented national systems, and reduce brain drain by making Europe more attractive for young talent who want better ways to build wealth at home.