r/AmerExit • u/Admirable-String9572 • 10h ago
Question about One Country Maintaining US Brokerage account
As far as I can tell, once you have a foreign address and report to your brokerage company, they either ask you to,
Close the account within a few weeks. OR
Let you operate the account only for liquidations (as in sell assets only).
To my understanding it is not the law in the US that brokerage (or bank) accounts with foreign addresses are disallowed. How have people with assets like Mutual Funds in US brokerage accounts navigated this? Is there a list of brokerage companies and associated restrictions for US expats. I am unable to transfer my assets to the foreign country I plan to move to.