"The biggest thing to keep in mind though is that non-US residents holding US assets (including shares, ETFs or property) are liable to US estate tax (up to 40%). If you are a non-US resident you should try to hold stocks based outside the US. There are ETFs that trade US stocks that are domiciled outside the US. There is big exemption for US residents from estate tax (5.45 million) but only $60,000 for non-U.S. residents. It is nuts and it is amazing that this isn’t more widely known. It has nothing to do with whether the brokerage is based in the US or outside. It is about where the assets (i.e. the company that the shares are in) is domiciled. Although note, money on deposit in a US bank is not considered to be US “in situ” but money in a US brokerage is. IRS link: https://www.irs.gov/individuals/int...s-with-us-assets-must-file-estate-tax-returns Deloitte: https://www2.deloitte.com/content/d...rules-for-resident-and-nonresident-aliens.pdf" The above excerpt is taken from this link: https://www.quora.com/What-is-the-b...ctable-companies-allow-International-accounts My comment: WTF!?