Can I open a brokerage account if I am not a US citizen?

Can a US Embassy notarize a document for a foreign person with a brokerage account in the US?

  • Any help would be great. I have a friend who needs to confirm that his brokerage account (Ameritrade) belongs to him. He however is a French citizen and needs to get his letter ...show more

  • Answer:

    Yes. See the consular section Web page. There are two ways to accomplish this: either at the embassy/consulate or through the French (or other foreign) notarial system, with legalization from the Foreign Ministry: http://www.amb-usa.fr/CONSUL/acs/notarial/default.htm (US Embassy Paris) http://www.usembassy.org.uk/cons_new/acs/scs/legalization-us.html (US Embassy London) BEAR IN MIND, however, that a brokerage firm may well (and probably will) want not NOTARIZATION but SIGNATURE GUARANTEE, and perhaps MEDALLION GUARANTEE. This must be done by a bank or brokerage firm with offices (or a correspondent relationship with offices) in New York. See the link towards the bottom of this page: http://www.usembassy.org.uk/cons_new////acs/scs/notary.html

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