Step 3 Preparation

International investing may be rewarding and wise, but it may also add many different layers of complexity. Different countries have their own pros and cons. Some may be safer to store your money and have a well regulated business environment, while others may be simple to create accounts in with the entire process able to be done through email.

Opening a brokerage account to trade on some exchanges may even give you access to stocks in other countries besides them, such as in the case of the Hong Kong Stock Exchange which has many companies from mainland China and the United States listed.

Hong Kong is well-regulated, stable and has many different investment options. However, opening a brokerage account as a foreigner is complicated and usually requires a personal visit to the country.

If this sounds complicated, it is. Not only must you make a decision of which jurisdiction (or which ones) are right for you, but you must figure out exactly how to open the bank and brokerage accounts that you need. Afterwards, you will need to figure out which companies have a high potential for growth and are good investments.

But the reward is well worth the small effort. As a global investor, you are able to gain many advantages. These range from guarding yourself from an economic disaster, to seeking out greater investment opportunities away from home, to minimizing your taxes and much more.

And besides, there are many countries with excellent investments opportunities that require only a small amount of money and a few hours of your time to set up a trading account. You certainly do not need to hop on a plane and visit a bank branch in another country to trade stocks globally.

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