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Laidoff. I am on visa and need to relocate to India in 2 months. What do I do with my stock money to not lose on taxes, I am ok to be invested and remove money after reaching India if JP Morgan works well without any problems and I won't lose my money. Talk about paranoid. 😒😒😒 #personalfinance #investments
How much is in your account? Is it all vested and taxes already paid for?
I researched and found that fidelity E*trade and Charles s allows to operate the account from India you have to fill a form .. fidelity does no fee all online stock transfer .. your existing broker may charge money but that will be peanuts .. so your call
I am not Amazonian and never will be ..
You have to contact Morgan Stanley and have them open an international acccount to you. Then transfer your shares into it. The default account we get with Amazon is not something you can carry internationally.
There is nothing called international account .. all accounts opened in USA are USA accounts .. but you have to let brokerage know and ask for options .. some allows some does not .. but you have to fill the form W8 and then you can operate it from anywhere of-course Following tax rules of any and all counties you ever live .. there is a forum return2india something like that .. genius have explained all what you need there .. note: I am not genius in code but in investing I am not bad
This is wrong, charles schwab explicitly has a thing called charles schwab international, which allows to open a broker account and operate from anywhere
That is just a naming like you can name a class anything. If the account is opened while you are resident of USA for tax purposes then laws are same regardless of what they call it .. the only thing that matters is if you are resident or not
JP Morgan Chase and Morgan Stanley are two different companies. How do you have an account with one of them and still not know the difference?
Here is the thing I planned in such cases