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Politics : Foreign Affairs Discussion Group
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To: c.hinton who wrote (252624)12/30/2007 7:51:21 AM
From: Elroy  Read Replies (1) of 281500
 
Elroy thats a tough question ... most investors use ETFs ..... but most ETFs are index linked

No thanks, I wanna buy non-US stocks the same way an individual investor in that country might.

also to open an account as a foreigner to purchase directly in those countries may require a bit of paper works such as is necessary here.....tax identification numbers....proof of identity ...then the fileing of a tax declaration form.

Of course.

Citi bank or morgan chase would be the most likely people to be able to answer your question...or the major commercial banks of those countries that have branches where you live .

I don't know of any major Brazilian, Argentinian or Turkish banks where I live.

but again as an individual foreign investor you most likely will be required to comply to local tax codes......

Of course. As far as I know, most countries (other than the US) do not tax their non-resident citizens, so as a non-resident, non-citizen the tax obligation would hopefully be minimal.

Anyway, I'm hoping to get a response from a person with a brokerage account in one of the countries. I have accounts in the UAE, Australia and the Phillipines already. If you locate the institution in the respective country, setting up the account is, as you say, just a matter of filling out the paperwork.
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