- Joined
- 19 May 2010
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Greetings all.
Just to briefly summarize the current situation or thinking..
1. Want to invest and will want to use US stocks (bigger market and a few already in mind). Have access to a US bank account.
2. Current capital is small (20k) and owner is prone to all eggs in one basket syndrome.
As far as I know, I don't have to pay tax as a non-US resident, although they will withhold dividends until I fill out the correct forms. I do have the option to have US shares in the name of a US citizen. Just generally unsure whether to settle for being hit for CGT against my personal income, if i can do something about it. Currency transfer and appropriate brokers (who) - recommendations concerning these would be appreciated.
Thanks in advance
Just to briefly summarize the current situation or thinking..
1. Want to invest and will want to use US stocks (bigger market and a few already in mind). Have access to a US bank account.
2. Current capital is small (20k) and owner is prone to all eggs in one basket syndrome.
As far as I know, I don't have to pay tax as a non-US resident, although they will withhold dividends until I fill out the correct forms. I do have the option to have US shares in the name of a US citizen. Just generally unsure whether to settle for being hit for CGT against my personal income, if i can do something about it. Currency transfer and appropriate brokers (who) - recommendations concerning these would be appreciated.
Thanks in advance