Holding Brokerage Accounts in Different Countries?

[randomep]

Hi all, my basic understanding is that you should be a resident in the country where you hold a brokerage account. Well what if you are a citizen in one country but live somewhere else.  Or if you move around a lot.  I am canadian but live in the US, I have brokerage accounts in both.  I want to keep it that way, I also want like IB and want to open an account in canada and US (I know they are 2 separate companies) so will I get hassle if I do so? Anybody have accounts in multiple countries?

 

thanks in advance.

[scorpioncapital]

citizenship is irrelevant. Only residency matters for opening account. The US citizen might be an exception due to their own system of foreign reporting which other countries may not want to deal with. But maybe someone knows more about that

Edited April 5, 2022 by scorpioncapital