Search found 3 matches

by SecondLifeExplorer
Thu May 13, 2021 10:44 pm
Forum: Non-US Investing
Topic: so many issues for US expats ... would forming an investing LLC in the US help?
Replies: 102
Views: 25748

Re: so many issues for US expats ... would forming an investing LLC in the US help?

btw, that's a good point about the country of residence potentially taxing the LLC revenue differently than the U.S. does :-(
by SecondLifeExplorer
Thu May 13, 2021 10:43 pm
Forum: Non-US Investing
Topic: so many issues for US expats ... would forming an investing LLC in the US help?
Replies: 102
Views: 25748

Re: so many issues for US expats ... would forming an investing LLC in the US help?

Actually, Schwab International told me they required a physical address, as I thought I mentioned. I will make a third pass with them (I've spoken with two reps) in case there is some sort of disconnect in the information I'm receiving. I do not have a U.S. address that I will be keep when I go back overseas and my friends/family are all in CA. I do not want to open that can of worms :-). I will look further into the registered agent option. Sorry. I do not know much about that, as it pertains to personal finances as opposed to a business. I also have a couple investments that are very hard to move, so this is kind of nightmare and I don't want to ever have to do it again. I'll be curious if you're able to do it with Schwab.
by SecondLifeExplorer
Wed May 12, 2021 11:22 pm
Forum: Non-US Investing
Topic: so many issues for US expats ... would forming an investing LLC in the US help?
Replies: 102
Views: 25748

Re: so many issues for US expats ... would forming an investing LLC in the US help?

I have not seen any answers regarding whether someone has investigated the original inquiry's solution. I have recently spoken to several brokers, including both Vanguard and Schwab and neither will hold assets unless one has a domestic physical address. In the case of Vanguard, one simply cannot be a non-resident of the U.S....period. For Schwab, one can live overseas but must maintain a U.S. residence. Of course, I did not tell either of these who I was for all the reasons already discussed. However, because some of my assets are incredibly difficult to move, I really do not want to take a chance of moving my assets only to have a problem arise while I'm overseas and need to find a way to move them again. I have heard stories even of acco...