Sorry for the dumb question. I want to know if I can invest in New York Stock Exchange from Pakistan? What are the pros and cons?
This question is best answered by your brokerage firm. Institutional investors do overseas investing all the time. However, for individuals restrictions and additional taxes may apply. First and foremost, your brokerage firm should have some agreement worked out with New York Stock Exhchange and both the governments involved.
Hence, some brokers will allow while others not.