Even though I found a broker willing to open the account, I discovered a fatal flaw in the idea of holding the account in the US: BEAT. https://taxfoundation.org/taxedu/glossary/base-erosion-anti-abuse-tax-beat/ By imposing a 10% tax on profits before deductions for payments to related parties, it is not actually possible to extract all the profits at a favorable rate. The same scheme may still be possible using another country other than the US to hold the brokerage account. To be continued...