Best article that explains step by step guidance on how a foreigner can open a brokerage account and invest in the US (without SSN).
Not a lot of useful information (presented in an easy to understand format) exists around the following issue: How can someone without an S.S.N. (social) invest in US markets?
I am talking about people who live overseas and may or may not have traveled to the United States occasionally, but would like to invest directly in the United States stock market.
You can Invest without SSN
Step – 1: Get ITIN (if there is a tax treaty between your country and US)
Use W-7 to obtain an ITIN. You should select “a Nonresident alien required to get ITIN to claim tax treaty benefit”.