All,
I'm from Italy and have been in Ireland for 4 years now since my Irish wife wanted to come back as the parents are aging. Before that we lived in the U.S. for 15 years and I still have an Ameritrade account that I opened while working in Boston (it's on my name only and it always was) and I'm not Irish domiciled (no Irish passport and have two properties in Italy and we plan to retire to Italy when the time comes and sell the Dublin home).
I sold some old shares recently and wanted to buy some US ETFs now but after I re-registered my address as EU citizen living in Europe (a few years ago), I'm unable now to buy US ETFs with TD Ameritrade because of the well known restrictions. I see from the previous discussions that there is a workaround: open a E-Toro or Tastytrade account and move the funds from Ameritrade to that new platform. Does anyone have any experience of which one is better in general? Also for me due to the tax advantage of being non-irish, non-domiciled I would need that the broker is based in the U.S. , not in Europe so that I will not have any tax implications in Ireland on the potential gains. I plan to leave the account there until I retire and then bring it to Italy not Ireland. I read that Etoro is a Israeli company but they have branches registered in Europe so that would not be good for me probably unless I can open the account with Etoro in the US.
Thanks for any feedback !!
Stefano
I'm from Italy and have been in Ireland for 4 years now since my Irish wife wanted to come back as the parents are aging. Before that we lived in the U.S. for 15 years and I still have an Ameritrade account that I opened while working in Boston (it's on my name only and it always was) and I'm not Irish domiciled (no Irish passport and have two properties in Italy and we plan to retire to Italy when the time comes and sell the Dublin home).
I sold some old shares recently and wanted to buy some US ETFs now but after I re-registered my address as EU citizen living in Europe (a few years ago), I'm unable now to buy US ETFs with TD Ameritrade because of the well known restrictions. I see from the previous discussions that there is a workaround: open a E-Toro or Tastytrade account and move the funds from Ameritrade to that new platform. Does anyone have any experience of which one is better in general? Also for me due to the tax advantage of being non-irish, non-domiciled I would need that the broker is based in the U.S. , not in Europe so that I will not have any tax implications in Ireland on the potential gains. I plan to leave the account there until I retire and then bring it to Italy not Ireland. I read that Etoro is a Israeli company but they have branches registered in Europe so that would not be good for me probably unless I can open the account with Etoro in the US.
Thanks for any feedback !!
Stefano