Any European citizens out there, resident in DR, who have managed to open a brokerage account from DR and are successfully buying/selling U.S. stocks? I have a friend attempting to do so. Any suggestions on how to accomplish it?
Situation:
Situation:
- European citizen, long time legal resident of DR
- has existing U.S. bank account, but brokerage arm of the bank will not accept as a client due to DR residency
- thought he'd go with Charles Schwabb, but was told that as of 2014 not accepting clients from Dominican Republic
- might consider Germany, but even opening a basic bank account there was difficult due to non-resident status in Germany