Can all foreign nationals invest in the USA?
I have been contact by Simran via the web, who wanted to let me know of certain restrictions with foreign nationals investing in the USA.
“Yes, you can invest with an American Investment account, as long as you comply with certain regulations.
Here is a direct quote from my broker/dealer: Non-Resident Alien: An individual who is not a citizen and who does not have his permanent (tax) residency in the United States. A nonresident alien is subject to 30% NRA withholding on some types of U.S. income, and he must file a nonresident tax return on that income.
The U.S. has tax treaties with many countries allowing a resident of any of these countries to claim reduced rates of withholding. A nonresident alien is required to file an original W-8BEN with the payer or he will be treated as a U.S citizen and be subject to backup withholding according to TEFRA rules.
Here is a list of countries that the U.S. has sanctions against, with the date the sanctions were instituted. Residents of these countries may not have an American nvsentmeit account:OFAC Country Sanctions Programs Program Last Updated: Balkans Sanctions 05/22/2006 Belarus Sanctions 02/27/2007 Burma Sanctions 05/22/2006 Cote d’Ivoire (Ivory Coast) 09/19/2006 Cuba Sanctions 05/23/2007 Democractic Republic of the Congo Sanctions 03/30/2007 Iran Sanctions 04/04/2007 Iraq Sanctions 07/21/2005 Former Liberian Regime of Charles Taylor Sanctions 05/23/2007 North Korea Sanctions 02/02/2007 Sudan Sanctions 04/04/2007 Syria Sanctions 08/15/2006 Zimbabwe Sanctions 05/22/2006″
About Mark Taylor….
Mark Taylor is the Founder and Director of Keys To Success Club. A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.
A key focus on the club is to enable overseas investors to access the US Property Market opportunity.
For more information, click here
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