If you're trading stocks in Asia or general in a country besides your own, it's often better to set up a local brokerage account based in a country you're trading stocks in. Our new guest host Reid Kirchenbauer is the founder of InvestAsian. He is among the world's foremost experts on frontier market investment and buying property in Asia. Today Reid shares how to open a brokerage account in Asia.
0:38 Why do you need to set up a local Brokerage account?
- Open a brokerage account online
2:01 Can a U.S. citizen open a stock market brokerage account?
2:34 How to open a brokerage account in Hong Kong?
-Monex Boom Securities
3:23 How to open a brokerage account in Singapore
- Can foreigners open a brokerage account?
-Singapore vs. Hong Kong
3:51 Banks in Singapore
- VP Bank
- Afc Merchant Bank
- DNB Bank
- DBS Bank
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.