111tingtong

^ just my opinion but you are still a UK resident.Because you reside here on a Non-O doesn't make you a resident.

Sorry have to disagree, I left the UK 7 years ago, completed non-resident application and qualified after five years and no longer required to complete a tax return, call it what you want but im not a resident in the UK for tax purposes. Maybe what you meant to say is I am a UK citizen?

At no point did I state that I was a resident in Thailand because I hold a non O. I was simply stating my status and looking for options to invest through a stock broker as an expat.

Ive had further feedback from Internaxx. Contrary to what they said previously all that is required, according to the reply below and the forms that were sent is a certified copy of my passport which should easily be achievable at any consulate in Thailand and proof of my address in Thailand, ie electricity bill with name on or a residency certificate which can easily be sourced from an immigration office (same form used for buying a car/motorcycle etc with).

At this point I should be up and running tax free with Intermaxx as my broker. Thanks AyG for mentioning this broker, I hope it works out.

I might be jumping the gun slightly, but ive been looking into trading software that will run on a mac. So far Ninjatrader and Share Scope seem to have the best reviews and have loads of support for newbies. Both of these will have to be run on bootcamp or what I use, VMware Fusion as there is no native application support for OSX yet. I am testing Ninjatrader out just now in simulation mode where it then can be linked to a live feed for paper trading and eventually pairing it with a broker for real trading. It all takes time I suppose, less haste more speed as they say.

Dear Mr ???,

Thank you for your mail and interest in our service.

There is no capital gains tax in Luxembourg on shares or investment funds.

We offer access to shares or ETFs on 17 stock eschanges in North America, Europe and Asia. You can also invest from a range of over 400 managed investment funds.

You are welcome to open an account with us. To do so simply complete the attached application form and return to us by post together with either your bank details or a certified passport copy (please see identification page). We can also accept transfers from the U.K. Isle of Man or Channel Islands for this purpose.

Please let me know if I can be of further assistance.

We look forward to welcoming you as a new client.

Use a broker that is geared towards expats such as Internaxx (http://www.internaxx.lu).

Don't pay for advice from a US-oriented company. Your financial goals as an expat are quite different. Your investments need to be oriented towards your domestic economy, not the US of A.

If you're inexperienced, invest in unit trusts/OEICS/mutual funds/investment trusts where a highly paid (and, one hopes, highly experienced) fund manager will make the decision which stocks to buy on your behalf.

AyG, Ive been looking into the company you mentioned, intermaxx. As im now a non resident from the UK and living in Thailand as an expatriate, on a non immigrant O visa how would one go about supplying Internaxx with the following requirements, this is directly from their website frequently asked questions

What do I have to provide you with if I am not liable to tax in one country of the European Union?

In case you are not liable to tax in any of the countries of the European Union (typically if you are an expatriate living outside the European Union or a foreigner resident, but not domiciled for tax purposes in Great-Britain), you are able to avoid the deduction by simply providing us with one of below documents:

- A tax residence certificate from a country outside of the European Union.

or

- A residence certificate issued by your local town council, an Embassy, a Consulate or a Population Office/Registry outside of the European Union.

or

- A copy of your residence permit from a country outside of the European Union.

or (in particular for expatriates resident, but not fiscally domiciled in Great-Britain)

Certification from the tax authority, a notary, a solicitor, a tax advisor or by a fiduciary certifying your tax-exempt status in the country where you reside. Please note that the above mentioned institutions must be officially licensed and registered.

Finding a suitable Broker as a n expat is proving more difficult than I first thought

Thanks to all for the differing responses, will certainly look into all of them.

Have opened The Motley Fool Stock Advisor for $50 (reduced from &150). Their advise/recommendations so far have been interesting to say the least, I will follow their advise tentatively for a while and see what happens.

Rgds

TT

Hi there,

Does anyone use any of the services offered on fool.com (Motley Fool Stock Market Investment Advisors). I read one of their books a long time ago and found it to be very informative. Im now at a point in my life where I would like to start learning how to invest in the markets around the world. As I am originally from the UK I contacted the fool.co.uk wing of the organisation. They responded rather quickly with the following:

"I'm afraid that The Motley Fool ShareDealing Service is only available to UK residents. As it says in the Terms & Conditions for the service:

"You must be 18 years of age or over and be resident in the UK, Jersey, Guernsey or the Isle of Man or be a Crown employee serving overseas."

http://g.fool.co.uk/art/sharedealing/pdfs/termstmfsharedealing.pdf

I'm sorry that we couldn't be of more positive help on this occasion."

The fool.com main website is mainly American/US$, which is fine. I sent an email to them also and still waiting on a reply.

The Motley Fool website seems to be very good and they put things in a way that is easy to understand for newbies. Im very keen to pay for the "Stock Advisor" service they offer for $150/year just to get me started. However im not completely sure where I stand with regards to tax, brokers etc as I live in Thailand.

I would appreciate some advise from folk that already invest as an expat in the stock markets, legally. I know there are ways to open bank accounts in home countries blah blah blah, but id rather not go in that direction.

Many thanks in advance for any info

Rgds