3 ms·
But if you simply own shares in a US company, surely banks will deal with you then? Or if you get paid by a US company as a foreigner? It also is probably on a
by lstamour 11y ago
But if you simply own shares in a US company, surely banks will deal with you then? Or if you get paid by a US company as a foreigner? It also is probably on a bank-by-bank basis that things are handled. FATCA was introduced in 2012 but it's been 4 years, long enough that there should be one or two banks at least who will play nice...
To be clear, in Canada, my understanding is that it's very hard to get a bank account as a US person unless actually in Canada. But top banks and some credit unions are prepared to handle FATCA-required forms and reporting.
Big difference too between foreigners with US interests and actual US persons with foreign interests, I would think...