How to Buy US Stocks From Offshore
The rising trend in identity theft and individual privacy being invaded has caused many investors to be wary of buying stocks within the U.S. Many investors would like to invest from overseas but don't know how to buy U.S. stocks from offshore. Fortunately, this is easier than you might realize and with a few simple steps you can set up an offshore account.
Instructions
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Setting Up Offshore
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Make a list of offshore companies that specialize in helping investors in setting up offshore corporations such as OffshoreCompany.com. A specialist in incorporating overseas will help you navigate through all the paperwork and regulations to make sure that you will be in compliance and not suffer any delays.
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Contact representatives of each of the companies you selected and explain to them what it is you are trying to accomplish. In this case, you are trying to set up an offshore corporation to ensure your privacy so that you can buy stocks anonymously. The company rep will then begin laying out the best strategy for you to accomplish that for a reasonable service charge.
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3
Create a brokerage account with an offshore broker who has access to the U.S. stock exchange. You can also set up an online stock brokerage account through your offshore corporation that you can access anywhere in the world as long as you have Internet access available. Typically, your offshore contacts who helped you set up your business overseas can help you with this and then you can begin buying stocks in the U.S. while insuring your privacy.
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Tips & Warnings
Inquire whether the company that sets up your offshore corporation will set it up so that you receive all mail and correspondence at their office. If so, then the company will forward it to you from their office. Receiving it at the offshore location is important to ensure the appearance that this is a true overseas operation for tax purposes.
When setting up an offshore location make sure that you are aware of the tax laws concerning stock investments in the host country. Some countries have a zero tax policy for stock investors while some may have onerous tax laws for investors. Be sure to inquire with the representatives of the institution you will have help you set up your offshore business.