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Learning, Sharing, and Teaching => Investor Alley => Topic started by: JustPassinThru on April 23, 2015, 11:13:46 AM

Title: Can an American citizen living outside the U.S. invest in brokerage account?
Post by: JustPassinThru on April 23, 2015, 11:13:46 AM

Hello everyone,

I'll make this question short and sweet.  Recently I've tried to open a Scottrade and Vanguard Brokerage Account and learned that according to the U.S. Patriot Act, one must show a permanent address for 6 months inside the U.S. prior to opening an account.  Has anyone living abroad found a way around this roadblock?  My primary investment aim would have been Large Cap Dividend ETF funds.  Can anybody recommend a good broker for international investors?

Thanks,
TD

Title: Re: Can an American citizen living outside the U.S. invest in brokerage account?
Post by: velocistar237 on April 24, 2015, 10:00:58 AM

Maybe this will help:

http://www.bogleheads.org/forum/viewtopic.php?t=110773&f=10

A post halfway down the page mentions Fidelity.

Title: Re: Can an American citizen living outside the U.S. invest in brokerage account?
Post by: kunostories on April 25, 2015, 07:57:05 AM

Have you tried TD Ameritrade? I also live abroad, but I opened my account back when I was still Stateside. TD also offers 100+ commission-free ETF's.

Title: Re: Can an American citizen living outside the U.S. invest in brokerage account?
Post by: Drivodina on April 27, 2015, 02:42:16 AM

I wanted to know how the story would be to go next.

Title: Re: Can an American citizen living outside the U.S. invest in brokerage account?
Post by: nonsequitur on April 27, 2015, 05:33:23 AM

Interactive brokers may work, depending on which country you're resident in.