My sister lives in Damascus Syria. She wants to put her savings (in US dollars) in an ETF or mutual fund like VTSAX. So here are the questions:
- Is there a brokerage firm that caters to people like that in the middle East and Africa? if not :
- Can a US resident open an account on behalf of a forign person?
- What sort of tax does a foreigner investor have to pay on short/long term gain?