Moving to another country

J

jaxa2

I'm an American with a job lined up overseas, not sure when I'd come back (if ever given the current trendiness of socialism in this country), I'm wondering how to invest while I'm there. I read that you can keep using things like Fidelity and AMTD as long as you opened it here, but they don't support residents in most countries according to

https://www.stockbrokers.com/guides/best-international-brokers

Should I move to IB/TradeStation? Do they allow you to do everything in the local currency? Which is better?
 
IRS follows wherever you go. I know that wasn't your question. Any U.S. broker is required to "know their customer" especially if that customer is still an American citizen no matter where they are located currently.

But I guess if you are trying to escape "socialism" here then you are going to a country that doesn't have nationalized healthcare. There are one or two those. Which one is it?
 
jaxa2 said:
Do they allow you to do everything in the local currency?
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Why would you want to switch everything to the local currency of a country where you might be only temporary? Especially if it is a lesser important currency this does not sound prudent to me.
Just keep your investments where they are, i.e. in the US. And see how your personal situation develops over the coming couple of years. By that time you can make a much better decision about this topic.
 
SunTrader said:
IRS follows wherever you go. I know that wasn't your question. Any U.S. broker is required to "know their customer" especially if that customer is still an American citizen no matter where they are located currently.

But I guess if you are trying to escape "socialism" here then you are going to a country that doesn't have nationalized healthcare. There are one or two those. Which one is it?
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So you think it's wise to pay very high taxes just to get free healthcare?

It's much better if you pay the insurance for healthcare in another country while paying lower taxes. By the way, insurance and healthcare costs in other countries are much lower than the US.
 
Market_Diver said:
So you think it's wise to pay very high taxes just to get free healthcare?

It's much better if you pay the insurance for healthcare in another country while paying lower taxes. By the way, insurance and healthcare costs in other countries are much lower than the US.
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Didn't say that. I only asked.
 
jaxa2 said:
I'm an American with a job lined up overseas, not sure when I'd come back (if ever given the current trendiness of socialism in this country), I'm wondering how to invest while I'm there. I read that you can keep using things like Fidelity and AMTD as long as you opened it here, but they don't support residents in most countries according to

https://www.stockbrokers.com/guides/best-international-brokers

Should I move to IB/TradeStation? Do they allow you to do everything in the local currency? Which is better?
More...
Another trumpist, first poster shit blasting idiot...
Only someone with very little brain function needs to join a forum to ask a stupid question like this about brokerage, subtly preaching politics.... Pure politics propaganda of the lowest level.
Which country will serve your political fascist need? Bolso-fucking-naro? China?
Oxygen waster.
 
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