Can a US citizen living abroad open an investment account as a foreign entity?

and trade Nasdaq or DJIA stocks?





Or, would I have to open an account in the local country?





My problem is I'm living in Korea, and I have no interest in learning their language, and so do not wish to open a Korean account...they don't have any English websites for investments (that I'm aware of). So what would it take to open an account with a non-US and non-Korean investment company or bank with the intent to put money into the markets?
Can a US citizen living abroad open an investment account as a foreign entity?
There's really no reason why you can't open an investment account from Korea as long as you can supply the identification to prove who you are and where you live. The fact that you live in another country makes no difference, I live in the UK and have a US account with TD Ameritrade.





There are a handful of countries on a financial services black list, but they are places like Iran, Syria, Nigeria and Burma. The fact that you live in Korea will not be a problem.





Once you have the account open and funded then trading Nasdaq and DJIA is as simple as logging onto your account on the net and placing the trade. If you chose a non-US based provider then the IRS will withold some tax on your dividends. The amount withheld will depend on the tax treaty between the US and the country your account is hosted in, but will typically be around 10%.





Hope that's helpful.
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