Dream Life Trading Tax Free

Discussion in 'Taxes and Accounting' started by moriarty, Sep 18, 2013.

  1. moriarty


    Hello gentleman,

    I was browsing this forum and I realize it's full of interesting people with great point of views and I'm hoping some could enlighten me.

    I'm looking for having a brokerage account in a tax-friendly place and live in many countries according to my like.

    Hong Kong or Singapore seems to be the best choices. I'm just looking for having a brokerage account (not live there). Can I simply go over there and open a brokerage account and trade (online and abroad) US equities (NYSE, ADR's, NASDAQ, etc)? I'm not a US citizen and my focus is on dividend-paying equities. In that case, can I receive those dividends tax-free (I heard Hong Kong is 0% tax) and spend it abroad without paying taxes?

    Going as a tourist, opening a bank account, leave hong kong, wire some funds and never step over there again (metaphorically speaking). Is that a good idea?