Can a US citizen set up a brokerage outside the U.S.? If so, where?
I’m not talking about investing in foreign companies; I’m talking about where I can keep my money (other than “under the mattress”) that the federal government can’t seize/freeze.
Well, they can seize a lot of things because of reciprocal anti-terrorism money laundering agreements with most of the countries you’d want to trust with your money.
resources aimed at wealthy people offshoring their assets might be useful to you
Swiss banhs used to do this, but not anymore. Cayman islands is said to do this but I don’t know details. Otherwise russia or north korea might help. nothing where you should trust your money to though.
note that even though you might find a place to do this it is still illegal and it is generally not hard to follow money trails so you ard likely to be caught.
well, first you would need to set up a brokerage account outside the US, and move your money over to it…
For now, though, you can invest in an Ex-US ETF, Vanguard has one that is essentially the total world stock index minus US companies. https://investor.vanguard.com/investment-products/etfs/profile/veu
Can a US citizen set up a brokerage outside the U.S.? If so, where?
I’m not talking about investing in foreign companies; I’m talking about where I can keep my money (other than “under the mattress”) that the federal government can’t seize/freeze.
Well, they can seize a lot of things because of reciprocal anti-terrorism money laundering agreements with most of the countries you’d want to trust with your money.
resources aimed at wealthy people offshoring their assets might be useful to you
Put it around a pretty woman’s neck.
Look for a decent country’s citizen. 😉
Swiss banhs used to do this, but not anymore. Cayman islands is said to do this but I don’t know details. Otherwise russia or north korea might help. nothing where you should trust your money to though.
note that even though you might find a place to do this it is still illegal and it is generally not hard to follow money trails so you ard likely to be caught.
They only do this to pedons, real people do as they please and nothing happens