Is it possible for a US citizen to apply for US securities brokerage account while living overseas?
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I am living in the UK and wish to transfer an existing US brokerage account (with securities) and and IRA to a new firm. However I am finding it difficult to open a US account from overseas, and I am also finding it difficult as a US citizen to open any trading accounts in the UK. I don't want to liquidate everything and take a tax hit. Any tips?
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Answer:
I suggest you have a look at USAA and see if you qualify. For full membership, you have to be or have been in the US military, or a child of same. However if I recall correctly, their banking products do not require memebership and I am not sure about their investment products; I think you just have to ask them (or fill out the handy dandy form on their website). They are just outstanding in their service and assistance for members living overseas.
Jeannine van der Linden at Quora Visit the source
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