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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Said   😊 😞
Number: of 15070 
Subject: Broker recommendations?
Date: 03/04/2024 2:50 PM
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No. of Recommendations: 2
I am thinking on moving to Portugal or New Zealand. Unfortunately my current broker, Schwab, lists NZ as an "impermissible jurisdiction" and would have to close my account if I'd move there.

So I am looking for alternatives. I might not find one as it might be prohibited in general by US laws (probably because in NZ there is no inheritance tax and therefore as far as I know no according provisions in the double tax agreement).

But of course I want to try. So I just had a look at Interactive Brokers as many/most here using it, but at first glance I think that's not suitable for me: I'd first ask them whether NZ residents can be their clients, but neither on the main page nor on the main menu or the links at the bottom I could find a "contact" link, only info/links about their advantages re trading.

I don't need a super-automated discount broker, I need a broker with real humans I can easily contact and who will reply quickly (for example to that question about NZ residents as clients), as I am used to from Schwab since many years. Recommendations are very welcome, especially if someone already knows about brokers who take NZ residents as clients.

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