Comments on: Investing? http://pricelessinvestments.com/investing/investing Answers to all your investment questions. Fri, 30 Jul 2010 10:03:10 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: The Engineer http://pricelessinvestments.com/investing/investing/comment-page-1#comment-4 The Engineer Mon, 08 Sep 2008 14:53:55 +0000 http://pricelessinvestments.com/investing/investing#comment-4 The US always welcomes money. so yes you can do it. either through your bank or you can open an account with a broker. but i don't know if this is the best scenario for you. depending where you are from. some countries are experiencing a good blooming economies which you might get more return on your money. 5000 dollars isn't that much to start with adding up the transfer fees and the low return you usually get back from these alternative investments. i don't think its worth it. but look into it. The US always welcomes money. so yes you can do it. either through your bank or you can open an account with a broker. but i don’t know if this is the best scenario for you. depending where you are from. some countries are experiencing a good blooming economies which you might get more return on your money. 5000 dollars isn’t that much to start with adding up the transfer fees and the low return you usually get back from these alternative investments. i don’t think its worth it. but look into it.

]]> By: Dawn L http://pricelessinvestments.com/investing/investing/comment-page-1#comment-3 Dawn L Sat, 06 Sep 2008 10:28:12 +0000 http://pricelessinvestments.com/investing/investing#comment-3 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 investment 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 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 investment 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

]]> By: trust.helps http://pricelessinvestments.com/investing/investing/comment-page-1#comment-2 trust.helps Thu, 04 Sep 2008 13:54:21 +0000 http://pricelessinvestments.com/investing/investing#comment-2 Don't think it is worth the trouble with - $ 5000. The revenue at home might have a problem, ? not the U.S. etc. Also - their is a possible currency risk or loss ?? etc. Savings Account, Funds, ETFs are another idea. ok Don’t think it is worth the trouble with – $ 5000.

The revenue at home might have a problem, ? not the U.S.
etc.

Also – their is a possible currency risk or loss ?? etc.

Savings Account, Funds, ETFs are another idea. ok

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